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5 Best Solar Companies in Greenwood, IN

More than 130 people have received a free quote in the last 60 days.

Last Updated: February 25, 2025

Year after year, more Greenwood residents install rooftop solar panels to provide a dependable source of power and lower their carbon footprint. Going solar can help cut your utility bills and lower your environmental impact. But you'll want to find a qualified installation company first. Luckily, we’ve conducted comprehensive research local solar installers and compiled a guide to the best solar companies in Greenwood. These reliable providers are smart choices homeowners can depend on.

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.

Top 5 Best Solar Companies in Greenwood

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

Free quotes

Informative resources

Reliable customer support

Clear pricing policy

Services Offered

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

Bone Dry Solar

Bone Dry Solar Logo

Our Rating

User Rating

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

Free quotes

Reliable customer support

Clear pricing policy

Informative resources

Prompt service delivery

Services Offered

Consultation
Panel installation
Skilled repairs
Cleaning and maintenance

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

Free quotes

Informative resources

Reliable customer support

Clear pricing policy

Services Offered

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

Solar Energy Solutions

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Our Rating

User Rating

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

Informative resources

Reliable customer support

Clear pricing policy

Prompt service delivery

Free quotes

Services Offered

Battery storage
Financing assistance
Tesla powerwall
Panel installation

MPI Solar

MPI Solar Logo

Our Rating

User Rating

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

Free quotes

Reliable customer support

Informative resources

Services Offered

Financing assistance
Panel installation
Battery storage
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

Putting solar panels on your roof could lower your electricity payments while benefiting the planet by reducing your carbon footprint through renewable energy use. Key considerations when researching local solar installers are as follows.

Check Licensing

It's important to hire a licensed solar installer. This ensures that the work is done correctly 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

Look at review platforms such as TrustPilot, Google Reviews, and the Better Business Bureau (BBB) to find out what previous customers are saying about local solar providers. Reviews can give you an idea of a company’s trustworthiness 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. The quotes should list all costs and identify the solar parts included. Comparing several quotes can help you find the best value for your budget.

Ask About the Warranty

Top-notch solar installations should come with strong workmanship and performance warranties. A workmanship guarantee covers installation defects, such as poor wiring, poor alignment, or cracks in the panels. A performance guarantee ensures a minimum energy output. Comprehensive guarantees show that a solar company believes in its work.

Evaluate Financing and Incentives

Solar energy can help decrease your electricity costs in the long run. When considering solar panel's cost and value, be sure to weigh these considerations.

  • Look into utility rebates: More rebates might be available from local power 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 solar tax credit on total system costs is available through 2032. Many states also have incentives. These credits offer substantial savings for solar customers.
  • Compare system purchase options: Solar panels may be paid for upfront or financed over time through a lease or loan. Verify all terms when financing, such as annual percentage rate (APR), payment schedule, fees, and ownership implications.

Cost of Solar Installation in Greenwood

In Greenwood, solar panels cost an average of $4,100 per kilowatt, with an average system size of 8.8 kilowatts. The typical Greenwood homeowner spends $25,125 on their solar array after federal tax refunds. An estimate from a local provider will consider additional information based on your desired system's size, panel type, required preliminary work, and capacity. In some cases, homeowners may prefer to lease solar panels to reduce upfront costs.

Greenwood 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: 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: sciremc.com

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 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 Greenwood, IN

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

With home solar panels, you can save money on your energy bill, lower your property's emissions, and be better prepared if there's an outage to the local grid.

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 environmental benefits and savings that come from using solar energy without having to completely switch over.

You might be pleasantly surprised at how short it takes to get a return on investment from your solar panels. The sun shines frequently in Greenwood, meaning your payback period could last 15.0 years per 5 kW of capacity on the high end.

Yes, solar panels can still provide you with energy during a grid outage. To ensure that your solar system will keep working during a power outage, make sure to choose a quality solar provider that offers battery backup systems or emergency generators.

Solar panels can be more efficient than other forms of renewable energy. They have inexpensive upkeep and today's systems can generate and manage energy under more conditions.

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