Solar in Lawrence, IN
With AES Indiana's electricity at about 15.6¢ per kWh and 1,339 kWh of sun per kW, solar is not worth it for a typical Lawrence home today: about a 18-year payback.
- Payback, typical home
- 18 yrsIndiana: 16.9 yrs
- 25-year net
- $7,714after paying $14,210
- Sun
- 1,339kWh per kW per year
- Electricity
- 15.6¢13% below U.S. average
A typical Lawrence home, by the numbers
| Utility | AES Indiana |
|---|---|
| Electricity use | 941 kWh a month |
| Best-value system | 4.2 kW, about 10 panels, 5,624 kWh a year (50% of use) |
| Cost | $14,210 |
| First-year savings | $726 |
| Payback | 18.0 years |
| Exported power | 5.4325¢/kWh (AES Indiana) |
Cash purchase, no federal credit, 3.3% yearly rate increases. Run it with your own numbers.
Homes in Lawrence
- Owner-occupied homes
- 66%
- Single-family detached
- 63%
- Median home value
- $230k
- Median year built
- 1992
- Population
- 49,517
- Roofs suitable for solar†
- 93%
Census ACS 2020–2024. †Share of 15,542 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Lawrence
Public installation records for Indiana don't name installers, so we can't rank local companies here. Browse installers in Indiana.
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Lawrence
Is solar worth it in Lawrence, IN?
For a typical home in Lawrence, solar is not worth it at 2026 prices: a 4.2 kW system costs about $14,210 after state incentives, saves about $726 in year one and pays back in about 18 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Lawrence?
About 1,339 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% more than the Indiana average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Lawrence?
Most homes in Lawrence are served by AES Indiana, at about 15.6¢ per kWh on average. Some areas are served by NineStar Connect.
How much do solar panels cost in Lawrence?
A fair cash price is around $3.05 per watt before incentives, so about $14,210 for a 4.2 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Fishers 17.9 yrs
- Indianapolis 18 yrs
- Carmel 18.2 yrs
- Noblesville 17.8 yrs
- Westfield 18 yrs
- Greenwood 17.7 yrs
- Zionsville 17.9 yrs
- Brownsburg 18.1 yrs
- All of Indiana
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.