6 Best Solar Companies in Carmel, IN

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Last Updated: February 25, 2025

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

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Top 6 Best Solar Companies in Carmel

Advertisement This site receives compensation from some of the companies featured in this listing, which may impact where and how products appear. When you click "Get Quote," you will be connected with partners who may contact you with information related to your inquiry. This listing doesn't feature all companies, products, or offers that may be available.

Blue Raven Solar

Blue Raven Solar Logo

Our Rating

User Rating

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

Reliable customer support

Clear pricing policy

Informative resources

Free quotes

Services Offered

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

Bone Dry Solar

Bone Dry Solar Logo

Our Rating

User Rating

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

Clear pricing policy

Prompt service delivery

Informative resources

Free quotes

Reliable customer support

Services Offered

Skilled repairs
Panel installation
Cleaning and maintenance
Consultation

Atomic Electric and Solar

Atomic Electric and Solar Logo

Our Rating

User Rating

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

Clear pricing policy

Reliable customer support

Free quotes

Informative resources

Services Offered

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

Solar Energy Solutions

Solar Energy Solutions Logo

Our Rating

User Rating

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

Clear pricing policy

Reliable customer support

Informative resources

Prompt service delivery

Free quotes

Services Offered

Financing assistance
Panel installation
Tesla powerwall
Battery storage

MPI Solar

MPI Solar Logo

Our Rating

User Rating

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

Reliable customer support

Free quotes

Informative resources

Services Offered

Battery storage
Financing assistance
Panel installation

Green Alternatives Inc.

Green Alternatives Inc. Logo

Our Rating

User Rating

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

Clear pricing policy

Informative resources

Services Offered

Battery storage
Panel installation
Cleaning and maintenance
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

Installing solar panels can lower your electricity costs and help the environment by reducing your carbon footprint. When deciding if a solar provider is a good fit for you, consider these key factors.

Check Licensing

It's imperative that your solar installer has the proper licensing. 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 have to say about local solar companies. Reviews can give you an idea of a company’s trustworthiness and customer service. Avoid companies with no reviews or with predominantly negative feedback.

Compare Multiple Quotes

Contact 3–5 solar companies to receive free, detailed quotes. Quotes should clearly outline all costs and list the exact solar components included. By comparing multiple quotes, you can identify the most cost-effective option for you.

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 choosing to finance solar panels.

Cost of Solar Installation in Carmel

The cost of home solar panels in Carmel will depend on several factors, including the size of the system and the type of panels you'll use. Generally speaking, a typical solar energy system could range from $4,100 per kilowatt, not including permit fees, preliminary work, or labor. Most solar systems in Carmel are 8.9 kilowatts, and the typical Carmel homeowners spends $25,487 after accounting for federal tax refunds. Some homeowners may prefer leasing their solar panels to reduce upfront costs.

Carmel Solar Incentives Guide

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: 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: 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: 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: 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: 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: 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

A solar photovoltaic (PV) array can generate power to run any electric appliance or system in your home. A more specific example is installing a solar water heating system.

There are many advantages of home solar energy. You can reduce emissions, raise your property values, and save money. With the right storage equipment, solar panels can also give you additional energy security and offer some protection from power outages.

It depends on where you live and the kind of panels you plan to use. Since there's a moderate amount of snowfall in Carmel, your best time to get solar is in the spring and fall.

Yes. The grid in Carmel already uses a large share of renewable energy sources, and you may be able to sell your excess generated energy to your utility for additional cost savings.

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 maintenance you'll need to do will vary based on the type of solar panels you have. At a minimum, you should clean and inspect each panel every three months. Your solar energy company might offer comprehensive plans where they'll do the maintenance on your behalf.

The answer ultimately depends on your specific situation. You can take advantage of 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 panels are gaining traction for their low upkeep costs and high efficiency under a variety of conditions. Depending on how much sunlight your property receives, you may find they're the best performing source of renewable energy compared to others.

Other Carmel, IN Home Services

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