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5 Best Solar Companies in Franklin, IN

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Written By David Cusick

Last Updated June 2024

Rooftop solar is one of the most easily accessible forms of renewable energy for Franklin residents. Switching to solar energy can help you save money and reduce your carbon footprint, but you want to make sure you find a trustworthy installer. That’s why, after reviewing and analyzing providers, we compiled a guide to the most reputable solar companies in Franklin. These installers consistently deliver excellent service.

Our Recommended Providers

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Top Pick
4.3/5
  • BluePower Plus+ financing program
  • Good selection of quality panels
  • Most affordable options

Top 5 Best Solar Companies in Franklin

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

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

Informative resources

Free quotes

Clear pricing policy

Reliable customer support

Services Offered

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

Bone Dry Solar

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

Clear pricing policy

Free quotes

Prompt service delivery

Reliable customer support

Informative resources

Services Offered

Panel installation
Skilled repairs
Consultation
Cleaning and maintenance

Atomic Electric and Solar

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

Clear pricing policy

Free quotes

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Reliable customer support

Services Offered

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

Solar Energy Solutions

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

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Tesla powerwall
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Panel installation
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MPI Solar

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

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Reliable customer support

Services Offered

Panel installation
Battery storage
Financing assistance
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 cut utility bills while helping the environment by reducing your carbon footprint using clean energy. If you’re determining 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 correctly using current installation best practices. In Indiana, there are no electrical or solar contracting licenses at the state level, though local communities might adopt their own licensing programs.

Read Customer Reviews

Look at review platforms such as TrustPilot, Google Reviews, 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 cautious of companies lacking reviews or with predominantly negative feedback.

Compare Multiple Quotes

Contact 3–5 solar companies to get 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 have comprehensive workmanship and performance guarantees. The workmanship guarantee covers any installation issues such as poor wiring, poor alignment, or cracks in the panels. The performance warranty promises a specific energy output level. Strong guarantees indicate that a solar installer has faith in its installations.

Evaluate Financing and Incentives

Solar energy can help you lower electricity bills over time. Be sure to consider these aspects when considering the final cost and value of solar panels.

  • Compare system purchase options: Solar panels may be paid for upfront or financed over time with a loan or lease. Confirm key financing details like fees, annual percentage rate (APR), payment schedule, and ownership implications when financing solar panels.
  • Look into utility rebates: Some utility companies may provide additional discounts to encourage homeowners to install solar panels. Check the qualification rules and rebate amounts offered by your local electric provider to determine the possible savings.
  • Research federal and state tax credits: A 26% federal tax credit for solar the applies to the full system cost is available through 2032. Many states also offer incentives. These credits provide substantial savings for solar customers.

Cost of Solar Installation in Franklin

The cost of home solar panels in Franklin varies depending on several factors, including your system's expected capacity and the type of solar technology being used. Generally speaking, a complete solar energy system could range from $4,100 per kilowatt, not including labor, preliminary work, or permit fees. Most solar systems in Franklin are 8.8 kilowatts, and the typical Franklin homeowners spends $25,125 after accounting for federal tax refunds. Some homeowners may prefer to lease solar panels and reduce upfront costs.

Franklin 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: rse.coop

Incentive Amount:

Geothermal Heat Pump: $1,500
Mini-Split Heat Pump: $300-$1,500
Heat Pump/Hybrid Water Heater: $500
Single Speed Compressor: $800
Dual/Variable Speed Compressor: $750 - $1,500
HVAC Tune-Up: 50% of cost
Lighting: Varies

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: jcremc.com

Incentive Amount:

Air Source Heat Pumps: $750/unit - $1,500/unit
Geothermal Heat Pumps: $1,500/unit
Heat Pump Water Heater: $500/unit
Mini-Split ductless Heat Pump: $750/unit - $1500/unit
Lighting: Instant rebates through online lighting store (small businesses, farms, or workshops)

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 Franklin, IN

A solar photovoltaic (PV) system can generate power to run any electric appliance or system in your home. More specifically, you can install a solar water heating system.

With home solar PV, you can save money on your energy bill, lower your property's emissions, and gain additional energy independence.

Yes. Franklin uses an equal mixture of solar energy and conventional power sources. While your panels at home will lower your home's emissions and provide cost savings, you'll still benefit from access to the local grid.

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 Franklin amount to $1,688.

The specific types of maintenance you need will depend on the type of panels you're using. Regardless of type, you should clean your panels regularly and inspect them for damage. A majority of solar contractors in the Franklin area offer comprehensive maintenance plans to help you make the most of your panels and keep them healthy for as long as possible.

While solar energy is a great option for many, it might not be ideal for homeowners in wet, dark areas. In these cases, a contractor might recommend other forms of renewable energy, such as wind or geothermal power, as a primary source. It is also important to speak to a qualified installer to determine if their solar system is compatible with the climate and environment of your area. Even if you choose a different form of renewable energy altogether, you'll still help the environment and could still qualify for distributed generation or other money-saving programs.

With respect to taxes, the federal government offers a tax credit of up to 30% of the panels' cost. Depending on where you live, you could also claim or apply for state or property tax incentives. Regarding insurance, your monthly premium may be slightly higher because solar panels increase your property's value. You should speak with your accountant or insurance agent for information specific to your case.

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