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6 Best Solar Companies in Carmel, IN

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Written By David Cusick

Last Updated February 2024

Rooftop solar is one of the most easily accessible forms of renewable energy for Carmel homeowners. Solar power can reduce your energy costs and shrink your carbon footprint. However, it's important to select a qualified solar installer. Luckily, we've reviewed the options and compiled a guide to the best and most reliable solar installation companies in Carmel.

Our Recommended Providers

Best Overall
4.7/5
  • High-quality Maxeon solar panels
  • Nearly 30 years in business
  • Great customer service
Best Financing Options
4.3/5
  • BluePower Plus+ financing program
  • Good selection of quality panels
  • Most affordable options

Top 6 Best Solar Companies in Carmel

Blue Raven Solar

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3901 W 86th St Unit 124, Indianapolis, IN 46268 (855) 912-3219 blueravensolar.com

Reliable customer support

Free quotes

Informative resources

Clear pricing policy

Services Offered

Skilled repairs
Off-grid solar systems
Permit assistance
Grid-tied solar system
Financing assistance
Battery storage
Cleaning and maintenance
Panel installation

Bone Dry Solar

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7735 Winton Dr, Indianapolis, IN 46268 (317) 873-6005 bonedry.solar

Free quotes

Family-operated business

Clear pricing policy

Reliable customer support

Informative resources

Services Offered

Cleaning and maintenance
Skilled repairs
Consultation
Panel installation

Solar Energy Solutions

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7966 Zionsville Rd, Indianapolis, IN 46268 (812) 226-4688 sesre.com

Prompt service delivery

Clear pricing policy

Informative resources

Reliable customer support

Free quotes

Services Offered

Battery storage
Tesla powerwall
Financing assistance
Panel installation

Green Alternatives Inc.

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702 E Columbia St, Flora, IN 46929 (765) 480-4138 solargai.com

Clear pricing policy

Reliable customer support

Informative resources

Free quotes

Services Offered

Cleaning and maintenance
Panel installation
Battery storage

Atomic Electric and Solar

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1401 S Madison St, Bloomington, IN 47403 (812) 325-5164 atomicsolarelectric.com

Reliable customer support

Free quotes

Clear pricing policy

Informative resources

Services Offered

Battery storage
Panel installation
Grid-tied solar system
Off-grid solar systems

MPI Solar

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1750 W 17th St, Bloomington, IN 47404 (812) 336-8518 mpisolar.com

Free quotes

Reliable customer support

Informative resources

Services Offered

Financing assistance
Battery storage
Panel installation
Today's Homeowner Ranking Methodology

Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:

  • Company Experience
  • Real User Reviews
  • Company Reputation
  • Accreditations and Licenses
  • Service Area
  • Customer Service
Have questions about our methodology or company ratings? Reach out to FindAPro@TodaysHomeowner.com.

How To Choose a Solar Company

Adopting solar power lets homeowners lower utility bills while helping the environment by reducing your carbon footprint using clean energy. If you’re deciding whether to go solar, consider these key factors for choosing an installer.

Check Licensing

Make sure you hire a licensed solar installer. This help guarantee that the work is done properly using current installation best practices. Indiana does not issue electrical or solar contracting licenses at the state level, though localities might adopt their own licensing programs.

Read Customer Reviews

Look at review platforms such as Google Reviews, TrustPilot, and the Better Business Bureau (BBB) to find out what previous customers say about local solar companies. Reviews can give you an idea of a company’s dependability and customer service. Be wary of companies lacking reviews or with predominantly negative feedback.

Compare Multiple Quotes

Get free, detailed quotes from 3–5 solar companies. A quote should list all costs and identify the solar parts included. Comparing several quotes can help you find the most cost-effective option.

Ask About the Warranty

Quality solar installations should come with strong workmanship and performance guarantees. A workmanship warranty addresses any installation defects (such as poor alignment, cracks in the panels, or poor wiring), while a performance guarantee ensures a certain level of energy production. Strong guarantees show that a company is confident in its work.

Evaluate Financing and Incentives

Going solar can help lower your energy expenses. Be sure to evaluate these aspects when judging the cost and value of solar panels.

  • Look into utility rebates: More rebates might be available from electric companies looking to motivate homeowners to switch to solar power. Contact your local utility provider to learn rebate values and qualification criteria, so you can calculate your possible savings.
  • Research federal and state tax credits: A 26% federal tax credit on the full cost of solar systems is available through 2032. Many states also offer incentives. These credits can result in substantial savings for solar buyers.
  • Compare system purchase options: Solar panels may be paid for outright or financed over time with a loan or lease. Check key financing details like annual percentage rate (APR), payment schedule, fees, and ownership implications when financing solar panels.

Cost of Solar Installation in Carmel

In Carmel, solar panels cost an average of $4,100 per kilowatt, with an average system size of 8.9 kilowatts. The typical Carmel homeowner spends $25,487 on their solar array after federal tax refunds. An estimate from a local provider will factor in additional information based on your desired system's capacity, required preliminary work, panel type, and size. In some cases, homeowners may prefer leasing solar panels to reduce upfront costs.

Carmel Solar Incentives Guide

Incentive Type: Property Tax Incentive

Website: in.gov

Incentive Amount:

Solar energy systems used for heating or cooling: out-of-pocket expenditures by the owner for the components and labor
Wind, hydroelectric, geothermal, solar thermal, solar PV, and other solar energy systems: the assessed value of the system

Incentive Type: Rebate Program

Website: powermoves.com

Incentive Amount:

Dual Fuel Heat Pump: $500
Pool Pumps: $250/unit
Heat Pump Water Heaters: $400/unit
Air-Source Heat Pumps: $250 - $1,500/unit
Geothermal Heat Pumps: $1,500/unit

Incentive Type: Rebate Program

Website: nobleremc.com

Incentive Amount:

Dual Fuel Heat Pump: $500
Variable Speed Pool Pump: $250
Air-Source Heat Pump: $250-$750
Ground Source Heat Pump: $1500
Heat Pump Water Heater: $400

Incentive Type: Rebate Program

Website: powermoves.com

Incentive Amount:

Dual Fuel Heat Pump: $500
Variable Speed Pool Pump: $250
Air-Source Heat Pump: $250 - $750
Geothermal Heat Pump: $1,500
Heat Pump Water Heater: $400/unit
HVAC: Varies depending on ZIP code. See program website

Incentive Type: Feed-in Tariff

Website: nipsco.com

Incentive Amount:

Wind 3 - 10 kW: $0.23 - $0.25/kWh
Wind 10 kW-200 kW: $0.15 - $0.138/kWh
Solar 5 kW - 10 kW: $0.17 - $0.1564/kWh
Solar 10 - 200 kW: $0.15/kWh - $0.138/kWh
Biomass 100kW - 1 MW: $0.0918/kWh

Incentive Type: Rebate Program

Website: duke-energy.com

Incentive Amount:

HVAC Install (Heat Pumps, Geothermal Heat Pumps, Central Air Conditioners): $300 - $400/unit with additional $125 if installed along with a smart thermostat
Heat Pump Water Heater: $350
Attic Insulation and Air Sealing: $250/unit
Duct Sealing: $100/unit
Variable Speed Pool Pump: $300

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

Frequently Asked Questions About Solar in Carmel, IN

Generally speaking, a solar photovoltaic (PV) array can be used to power any household system or appliance that uses electricity. In the simplest case, you can use a solar water heating system.

There are a number of benefits to home solar energy. You can save money, raise your property values, and qualify for tax benefits. With the right storage equipment, solar panels can also offer you additional energy security and offer some protection from power outages.

It depends on your home's location and what type of panels you're installing. Since there's a moderate amount of snowfall in Carmel, your best time to install solar panels is in the spring and fall.

Yes, you can use home solar energy alongside conventional power sources. In many areas, solar panels are designed to supplement your existing energy sources, so you can reap the savings and environmental benefits of solar energy without having to completely switch over.

Your installer can give you an estimate of what your energy bills will look like after you install solar panels. Generally, your energy bills will decrease significantly because you'll be using energy from the sun for free, instead of buying energy from the utility company. The average annual savings in Carmel amount to $1,530.

The type of solar panels you have will have specific maintenance steps to follow. Regardless of type, you should inspect your panels for damage and clean them regularly. A majority of solar contractors in the Carmel area offer low-cost maintenance plans to help you make the most of your panels and keep them healthy for as long as possible.

Ultimately, the answer will depend on your specific situation. You'll be eligible for a federal tax credit of up to 30% of the system's cost, as well as state or local incentives depending on where you are. As for insurance, you'll need to let your insurer know about your new solar panels. Your premium may increase due to added property values, but you'll have peace of mind if a covered event happens to the system.

Solar energy is on par with other forms of renewable energy. They have inexpensive upkeep and today's systems can stand up to the worst conditions.

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