Typical home: Not worth it

Solar in Marion, IN

With Indiana Michigan Power's electricity at about 18.2¢ per kWh and 1,303 kWh of sun per kW, solar is not worth it for a typical Marion home today: about a 16.7-year payback.

Payback, typical home
16.7 yrsIndiana: 16.9 yrs
25-year net
$9,545after paying $13,445
Sun
1,303kWh per kW per year
Electricity
18.2¢1% above U.S. average

A typical Marion home, by the numbers

UtilityIndiana Michigan Power
Electricity use853 kWh a month
Best-value system3.9 kW, about 9 panels, 5,082 kWh a year (50% of use)
Cost$13,445
First-year savings$736
Payback16.7 years
Exported powerReduced export credit (Indiana Michigan Power)

Cash purchase, no federal credit, 3.3% yearly rate increases. Run it with your own numbers.

Solar production per kW in Marion

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan71
Feb75
Mar113
Apr120
May137
Jun140
Jul148
Aug142
Sep123
Oct99
Nov79
Dec56

Homes in Marion

Owner-occupied homes
59%
Single-family detached
70%
Median home value
$85k
Median year built
1957
Population
27,531

Census ACS 2020–2024.

Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?

Installers working in Marion

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 Marion

Is solar worth it in Marion, IN?

For a typical home in Marion, solar is not worth it at 2026 prices: a 3.9 kW system costs about $13,445 after state incentives, saves about $736 in year one and pays back in about 16.7 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Marion?

About 1,303 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 2% less than the Indiana average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Marion?

Most homes in Marion are served by Indiana Michigan Power, at about 18.2¢ per kWh on average. Some areas are served by Duke Energy Indiana.

How much do solar panels cost in Marion?

A fair cash price is around $3.05 per watt before incentives, so about $13,445 for a 3.9 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

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.