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3 Best Solar Companies in New Castle, IN

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Written By David Cusick

Last Updated April 2024

Rooftop solar energy is becoming increasingly popular for homeowners in New Castle. A solar panel array can help you decrease your carbon footprint, add value to your property, and provide a dependable source of power. Solar power can cut your energy costs and shrink your carbon footprint. However, it's important to hire a reputable solar installer. Luckily, we’ve conducted comprehensive research local solar installers and compiled a guide to the best solar companies in New Castle. These trusted providers are smart choices homeowners can depend on.

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 3 Best Solar Companies in New Castle

Blue Raven Solar

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

Clear pricing policy

Free quotes

Informative resources

Reliable customer support

Services Offered

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

Bone Dry Solar

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

Family-operated business

Informative resources

Free quotes

Clear pricing policy

Reliable customer support

Services Offered

Skilled repairs
Consultation
Panel installation
Cleaning and maintenance

Solar Energy Solutions

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

Informative resources

Free quotes

Prompt service delivery

Clear pricing policy

Reliable customer support

Services Offered

Battery storage
Tesla powerwall
Financing assistance
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 cut 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

It's imperative that your solar installer has the proper licensing. This helps ensure 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 localities might adopt their own licensing programs.

Read Customer Reviews

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

Compare Multiple Quotes

Contact at least three solar companies for free, detailed quotes. Quotes should clearly outline all costs and specify the exact solar components included. Comparing multiple quotes helps identify the option that best fits your budget.

Ask About the Warranty

High-quality solar installations should have robust workmanship and performance warranties. The workmanship guarantee covers any installation issues like poor alignment, cracks in the panels, or poor wiring. The output guarantee ensures an energy generation baseline. Strong warranties reflect a solar provider's confidence in its installations.

Evaluate Financing and Incentives

Solar power can help lower your electricity costs long-term. When evaluating solar panel's cost and value, be sure to consider these considerations.

  • Compare system purchase options: Solar panels can be purchased upfront or financed over time with leases or loans. Confirm key financing details like annual percentage rate (APR), payment schedule, fees, and ownership implications when financing solar panels.
  • Look into utility rebates: More financial incentives might be available from electric companies looking to motivate homeowners to go solar. Contact your local utility provider to find out rebate values and eligibility rules, so you can calculate your possible savings.
  • Research federal and state tax credits: There’s a 26% federal tax credit available for total solar system costs until 2032. Many states also offer incentives. The credits can add up to significant savings for solar buyers.

Cost of Solar Installation in New Castle

The cost of solar panels varies based on system capacity and the technology used. The typical New Castle solar array has a capacity of 8.8 kilowatts. Homeowners in the area can expect to pay approximately $4,100 per kilowatt; the average New Castle homeowners spends about $25,369 on a new solar array after accounting for federal tax breaks. (Some homeowners prefer to lease solar panels to lower upfront costs.) A personalized quote from a local solar provider will account for factors such as the capacity, size, and panel type of the planned system, and should include prices for permit fees, preliminary work, and labor.

New Castle 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: 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: 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 New Castle, IN

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

With home solar panels, you can recoup the cost of the system over time, lower your home's carbon footprint, and gain additional energy independence.

Yes, it's possible to use home solar energy alongside conventional power sources. In many areas, solar panels are designed to supplement your existing energy sources, meaning that you can reap the environmental benefits and savings that come from using solar energy without having to completely switch over.

Generally speaking, your energy bills will significantly decrease after you install solar panels. This is because you're using the energy you generate for free rather than buying it from your power company. In New Castle, the average amount someone can save is $1,639 per year. With net metering programs offered by many utilities, you could ultimately make a profit from your system when your payback period is done.

Your payback period is the time to achieve an ROI on your solar panels. It will vary based on their rated capacity, the rate your utility charges per kilowatt of power, and the average sunlight in your area. New Castle gets quite a bit of sunlight per day, so an average payback period could last up to 15.5 years per 5 kW of capacity.

Yes, solar panels will still be able to provide you with energy during a grid outage. To ensure that your solar system can keep working during a power outage, make sure to choose a quality solar provider and look for a solar system that includes a battery backup.

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 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.

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