Typical home: Not worth it

Solar in Noblesville, IN

With Duke Energy Indiana's electricity at about 15.9¢ per kWh and 1,345 kWh of sun per kW, solar is not worth it for a typical Noblesville home today: about a 17.8-year payback.

Payback, typical home
17.8 yrsIndiana: 16.9 yrs
25-year net
$8,477after paying $14,720
Sun
1,345kWh per kW per year
Electricity
15.9¢12% below U.S. average

A typical Noblesville home, by the numbers

UtilityDuke Energy Indiana
Electricity use992 kWh a month
Best-value system4.4 kW, about 10 panels, 5,919 kWh a year (50% of use)
Cost$14,720
First-year savings$757
Payback17.8 years
Exported powerReduced export credit (Duke Energy Indiana)

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

Solar production per kW in Noblesville

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

Show as a table
PeriodValue
Jan76
Feb85
Mar112
Apr124
May148
Jun146
Jul149
Aug136
Sep128
Oct99
Nov76
Dec67

Homes in Noblesville

Owner-occupied homes
71%
Single-family detached
72%
Median home value
$350k
Median year built
2002
Population
73,362
Roofs suitable for solar†
94%

Census ACS 2020–2024. †Share of 16,410 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Noblesville

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 Noblesville

Is solar worth it in Noblesville, IN?

For a typical home in Noblesville, solar is not worth it at 2026 prices: a 4.4 kW system costs about $14,720 after state incentives, saves about $757 in year one and pays back in about 17.8 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Noblesville?

About 1,345 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 Noblesville?

Most homes in Noblesville are served by Duke Energy Indiana, at about 15.9¢ per kWh on average. Some areas are served by AES Indiana, Indiana Michigan Power.

How much do solar panels cost in Noblesville?

A fair cash price is around $3.05 per watt before incentives, so about $14,720 for a 4.4 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.