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5 Best Solar Companies in Franklin, IN

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Written By David Cusick

Last Updated April 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 offer excellent service.

Our Recommended Providers

Top Pick
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 5 Best Solar Companies in Franklin

Blue Raven Solar

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

Free quotes

Reliable customer support

Informative resources

Clear pricing policy

Services Offered

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

Bone Dry Solar

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

Free quotes

Family-operated business

Informative resources

Reliable customer support

Clear pricing policy

Services Offered

Consultation
Panel installation
Skilled repairs
Cleaning and maintenance

Solar Energy Solutions

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

Clear pricing policy

Informative resources

Prompt service delivery

Reliable customer support

Free quotes

Services Offered

Battery storage
Financing assistance
Tesla powerwall
Panel installation

Atomic Electric and Solar

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

Informative resources

Free quotes

Clear pricing policy

Reliable customer support

Services Offered

Panel installation
Battery storage
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

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

Check Licensing

Verify that your solar installer is properly licensed. This ensures that the work is done properly using current best installation practices. Indiana does not issue electrical or solar contracting licenses at the state level, but local communities might adopt their own licensing programs.

Read Customer Reviews

Check review sites like TrustPilot, the Better Business Bureau (BBB), and Google Reviews to see customer feedback about local solar companies. Detailed reviews can help you evaluate a company's reliability and customer service. Use caution with companies that have no reviews or mostly negative ones.

Compare Multiple Quotes

To find a solar company that works with your budget, ask for free, detailed quotes from three to five providers. The quotes should outline all costs and list the solar equipment included. Comparing several quotes helps you identify the best value.

Ask About the Warranty

Quality solar installations should have comprehensive workmanship and performance warranties. The workmanship guarantee covers any installation issues such as poor alignment, poor wiring, or cracks in the panels. The performance warranty ensures a specific energy output level. Strong warranties indicate that a solar installer has faith in its installations.

Evaluate Financing and Incentives

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

  • Compare system purchase options: Solar panels may be paid for upfront or financed over time through loans or leases. Verify all terms when financing, such as payment schedule, fees, annual percentage rate (APR), and ownership implications.
  • Look into utility rebates: Local power companies may have extra rebates to encourage homeowners to install solar panels. Review the requirements to qualify and the rebate amounts with your local provider to calculate your potential savings.
  • Research federal and state tax credits: There’s a 26% federal tax credit available for the full cost of solar systems until 2032. Many states also offer incentives. The credits can result in significant savings for solar buyers.

Cost of Solar Installation in Franklin

In Franklin, solar panels cost an average of $4,100 per kilowatt, with an average system size of 8.8 kilowatts. The typical Franklin homeowner spends $25,125 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 required preliminary work, capacity, panel type, and size. In some cases, homeowners may prefer leasing solar panels to 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

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

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

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

Yes. Franklin uses an even 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 type of solar panels you have will have specific maintenance steps to follow. Regardless of type, you should clean your panels regularly and inspect them for damage. Full-service solar contractors in the Franklin area offer low-cost maintenance plans to help you make the most of your panels and keep them healthy for as long as possible.

Of course. Solar panels exist independently from the power grid in Franklin and will continue to generate power even if the grid is having problems. Bear in mind, however, that a solar system won't take you through a nighttime outage if you don't have a storage system. Your contractor can discuss some economical options to keep your home's power access reliable through the worst conditions, including battery backups or an emergency generator.

Some frequently-used types of home solar panels in Franklin include monocrystalline, thin-film and polycrystalline. Monocrystalline panels are balanced and efficient, while thin-film and polycrystalline panels pair good performance with greater upfront value. Talk with your local provider about the types of solar panels they work with.

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