Solar by City / Indiana / Evansville

Data last verified: 2026-08

Is Solar Worth It in Evansville, Indiana? (2026)

Direct answer
Evansville, Indiana in 2026: residential electricity averages 17.0¢/kWh (EIA, 2026 YTD). Solar production for Evansville is modeled at ~1247 kWh per kW per year, derived from Indiana's NREL PVWatts v8 state value (1220 kWh/kW) adjusted for the city's latitude — a modeled estimate, not a site-specific PVWatts run. Indiana uses net billing (exports below retail) with exports around 9¢/kWh. A typical 6 kW system in Evansville has an estimated payback of 14.6 years. The federal residential credit (Section 25D) expired Dec 31, 2025; state and utility incentives are the deciding factor in 2026. Sources: EIA, NREL PVWatts v8, DSIRE (retrieved 2026-08-29).

The honest answer depends on four numbers unique to Evansville: your electricity rate, your solar production, your net metering policy, and your state incentives. Here are the real figures, with sources and dates. City production is a modeled estimate derived from Indiana's real NREL PVWatts v8 value adjusted for local latitude.

CAUTION — long payback in Evansville; only consider with strong incentives
Est. payback (6 kW)
14.6 yr
Electricity rate
17.0¢/kWh
Solar production (modeled)
1247 kWh/kW
Net metering
Net billing

Solar Snapshot for Evansville, Indiana (2026)

Residential electricity rate17.0¢/kWh (EIA, 2026 YTD May)
Solar production (modeled)~1247 kWh per kW per year (derived from NREL PVWatts v8 1220 kWh/kW, latitude-adjusted)
Net meteringnet billing (exports below retail) — export ~9¢/kWh
State tax creditNone in 2026
Rebates / performanceNone
SREC marketNo active SREC market
Property tax exemptionNo
Sales tax exemptionNo

Estimate Your Own Payback in Evansville

The table above is a 6 kW benchmark using Indiana's real inputs. Your home is different — use the Solar ROI Calculator with Indiana pre-loaded to get your exact payback, or the 30-second worth-it quiz for a go/no-go verdict.

Evansville FAQ

How much solar production can I expect in Evansville?

PVFig models Evansville at ~1247 kWh per kW installed per year, derived from Indiana's NREL PVWatts v8 state value (1220 kWh/kW) adjusted for the city's latitude. This is a modeled estimate — a site-specific PVWatts run with your exact roof azimuth, tilt and shading will differ. Actual output also depends on panel quality and local weather.

What is the estimated solar payback in Evansville?

At a typical 2.80/W installed cost and 17.0¢/kWh electricity, a 6 kW system in Evansville has an estimated payback of about 14.6 years. That is a long payback — solar is hard to justify unless strong state incentives apply.

Does Indiana have net metering and a solar tax credit in 2026?

Indiana uses net billing (exports below retail) with exports around 9¢/kWh. There is no state income tax credit for residential solar in 2026. The federal residential credit (Section 25D) expired Dec 31, 2025 and does not apply to 2026 installations.

More cities in Indiana

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Modeled estimate & disclaimer: The city production figure (~1247 kWh/kW) is modeled from Indiana's real NREL PVWatts v8 state value (1220 kWh/kW) adjusted for Evansville's latitude — it is not a site-specific PVWatts simulation. Electricity rate (17.0¢/kWh) is the real EIA 2026 YTD state residential average; installed cost (2.80/W) is a real regional estimate. All figures are estimates from dated public sources (EIA 2026, NREL PVWatts v8, DSIRE 2026; retrieved 2026-08-29) — not a quote or financial advice. Incentive budgets close; verify current terms with your utility and a licensed installer. Federal residential ITC (Section 25D) expired Dec 31, 2025.

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