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Written By David Cusick
Last Updated April 2024
A new solar energy system could give you a renewable power source that will eventually pay for itself. Solar power can reduce your energy costs and shrink your carbon footprint. However, it's important to select a qualified solar installer. Luckily, we’ve analyzed local solar providers and created a guide to the best solar companies in Noblesville. These reliable providers are smart choices homeowners can depend on.
Reliable customer support
Informative resources
Free quotes
Clear pricing policy
Services Offered
Our Rating
Clear pricing policy
Free quotes
Informative resources
Family-operated business
Reliable customer support
Services Offered
Our Rating
Reliable customer support
Free quotes
Prompt service delivery
Informative resources
Clear pricing policy
Services Offered
Our Rating
Free quotes
Reliable customer support
Informative resources
Clear pricing policy
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:
Installing solar panels can cut your electricity costs and benefit the planet by reducing your carbon footprint. When evaluating if a solar provider is right for you, consider these key factors.
Hiring a licensed solar installer is critical. This ensures 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, but cities and counties might adopt their own licensing programs.
Check review sites like the Better Business Bureau (BBB), TrustPilot, and Google Reviews to see customer feedback about local solar companies. Detailed reviews can help you assess a company's dependability and level of service. Use caution with providers that have very few reviews or mostly negative ones.
Call three to five solar companies for free, itemized quotes. The quotes should describe all costs and list the solar equipment included. Reviewing multiple quotes helps you find the most cost-effective option for your budget.
Quality solar installations should have strong workmanship and performance warranties. A workmanship warranty covers any installation defects (such as cracks in the panels, poor alignment, or poor wiring), while a performance warranty ensures a certain level of energy production. Strong guarantees demonstrate a company's confidence in its work.
Installing solar panels can help lower your electric bills over time. When evaluating the total price and value of solar panels, be sure to consider these factors.
Solar panel costs vary based on system capacity and the solar technology being used. The typical Noblesville solar array has a capacity of 8.9 kilowatts. Homeowners in the area can expect to pay around $4,100 per kilowatt; the average Noblesville homeowners spends about $25,487 on a new solar system after accounting for federal tax breaks. (Some homeowners prefer to lease solar panels to reduce their upfront costs.) A personalized quote from a local solar provider will account for things like the panel type, size, and capacity of the planned system, and should include fees for labor, preliminary work, and permit fees.
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:
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 Amount:
Wi-Fi/Smart Thermostat: $50-$100
Air Source Heat Pump: $100 - $200/ton
Ductless Heat Pump/Mini Split: $80 - $285/ton
Geothermal Heat Pump: $120-$240/ton
Packaged Terminal Heat Pump: $100-$250
ECM Furnace Fan Motor: $100
Heat Pump Water Heater: $350
Variable Speed Pool Pumps: $200
Dehumidifier: $25
A solar photovoltaic (PV) system can generate power to run any electric appliance or system in your home. If you don't want to use solar power for your entire home, you can install a solar heating system for your water.
There are many benefits to home solar energy. You can qualify for tax benefits, raise your property values, and reduce emissions. With the right storage equipment, solar panels can also provide you with further energy independence and offer some protection from power outages.
Of course. The grid in Noblesville already uses a large share of renewable energy sources, and you may be able to sell your excess generated energy to your utility for additional cost savings.
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 Noblesville amount to $1,511.
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. Noblesville gets quite a bit of sunlight per day, so an average payback period could last up to 16.9 years per 5 kW of capacity.
When it comes 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. For insurance, your monthly premium may be slightly higher because solar panels increase your property's value. You should talk with your accountant or insurance agent for information specific to your case.
Solar panels are becoming more popular for their high efficiency and low maintenance costs. Depending on how much sunlight your property receives, you may find they're the best performing source of renewable energy compared to others.