Expert Advice On Improving Your Home
Expert Advice On Improving Your Home
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Written By David Cusick
Last Updated April 2024
Year after year, more Greenwood homeowners use rooftop solar panels to lower their carbon footprint and provide a dependable source of power. Transitioning to solar energy can lower your monthly energy expenses and decrease your carbon output. Before you begin the process, you want to make sure you find a trustworthy installer. That’s why we’ve reviewed the options and compiled a guide to the most reputable solar providers in Greenwood. These top providers offer high-quality and dependable services.
Informative resources
Clear pricing policy
Free quotes
Reliable customer support
Services Offered
Reliable customer support
Clear pricing policy
Informative resources
Family-operated business
Free quotes
Services Offered
Prompt service delivery
Reliable customer support
Free quotes
Informative resources
Clear pricing policy
Services Offered
Clear pricing policy
Reliable customer support
Free quotes
Informative resources
Services Offered
Reliable customer support
Informative resources
Free quotes
Services Offered
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:
Putting solar panels on your roof could reduce your electricity payments while benefiting the planet by reducing your carbon footprint through renewable energy use. Key considerations when looking at local solar installers are as follows.
It's imperative that your solar installer has the proper licensing. This ensures that the work is done properly using the most up-to-date installation methods. In Indiana, there are no electrical or solar contracting licenses at the state level, though cities and counties might adopt their own licensing programs.
Check the Better Business Bureau (BBB), TrustPilot, Google Reviews, and other review sites to see what past customers are saying about local solar companies. Detailed reviews on these platforms can help you evaluate a provider's trustworthiness and customer service. Avoid providers with few or mainly poor reviews.
Get free, detailed quotes from three to five solar companies. A quote should outline all costs and identify the exact solar parts included. Looking at several quotes can help you find the option that best fits your budget.
Quality solar installations should come with comprehensive workmanship and performance warranties. The workmanship warranty covers any installation issues such as cracks in the panels, poor alignment, or poor wiring. The performance warranty promises a specific energy output level. Strong warranties indicate that a solar installer trusts its installations.
Solar energy is great for helping you lower electricity bills over time. Make sure you consider these aspects when considering the final cost and value of solar panels.
The cost of home solar panels in Greenwood varies depending on several factors, including your system's expected capacity and the type of panels you'll use. Generally speaking, a typical solar energy system could range from $4,100 per kilowatt, not including labor, preliminary work, or permit fees. Most solar systems in Greenwood are 8.8 kilowatts, and the typical Greenwood homeowners spends $25,125 after accounting for federal tax refunds. Some homeowners may prefer to lease solar panels and reduce upfront costs.
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 Amount:
Heat Pump Water Heater: $500
Geothermal Heat Pump: $1,500
Air-Source, Ductless Mini Split, or Dual Fuel Heat Pump with Dual/Variable Speed Compressor: $750
Air-Source, Ductless Mini Split, or Dual Fuel Heat Pump with Single Speed Compressor Replacing Electric Resistance Heat: $800
Air-Source, Ductless Mini Split, or Dual Fuel Heat Pump with Dual/Variable Speed Compressor Replacing Electric Resistance Heat: $1,500
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 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
Generally speaking, a solar photovoltaic (PV) system can be used to power any household appliance or system that uses electricity. In the simplest case, you can use a solar water heater.
There are many benefits to home solar energy. You can reduce emissions, 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 location and the kind of panels you plan to use. Since there's a moderate amount of snowfall in Greenwood, 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 most parts of the country, solar panels are designed to supplement your existing energy sources, which means you can reap the environmental benefits and savings that come from using solar energy without having to completely switch over.
Your payback period is the time to achieve an ROI on your solar panels. It will vary based on the average sunlight in your area, the rate your utility charges per kilowatt of power, and their rated capacity. Greenwood gets quite a bit of sunlight per day, so an average payback period could last up to 15.0 years per 5 kW of capacity.
Net metering is a type of "power purchase agreement." If your utility or state offers net metering, you can sell the solar energy you don't use to your provider. In return, they'll give you a credit on your power bill.
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 notify your insurer 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.
