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Last Updated: February 25, 2025
Every year, more Greenwood homeowners use rooftop solar panels to provide a dependable source of power and add value to their property. Making the switch to solar power allows you to cut your utility bills and shrink your environmental impact. But you'll want to find a reputable installation company first. That’s why we’ve researched the options and compiled a guide to the most dependable solar providers in Greenwood. These top companies consistently deliver high-quality and dependable services.
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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:
Adopting solar power lets homeowners reduce utility bills while helping the environment by reducing your carbon footprint using clean energy. If you’re deciding whether to go solar, consider these key factors for choosing an installer.
It's imperative that your solar installer has the proper licensing. This helps ensure that the work is done correctly using the most up-to-date installation methods. Mississippi requires solar installers to have a Solar and Wind Construction classification on a per-job basis. Jobs valued at under $50,000 may be exempt from licensure requirements. Contractors may also need an electrical or plumbing certification if either portion of related work costs over $50,000
Check review sites like the Better Business Bureau (BBB), TrustPilot, and Google Reviews to see feedback from past customers about local solar companies. Detailed reviews can help you evaluate a company's reliability and customer service. Use caution with installers that have very few reviews or mostly negative ones.
To find a solar company that works with your budget, ask for free, detailed quotes from three to five providers. The quotes should list all costs as well as all solar equipment included. Looking at several quotes helps you identify the option that best fits your budget.
Top-notch solar installations should include strong workmanship and performance guarantees. A workmanship guarantee covers installation issues, such as poor wiring, poor alignment, or cracks in the panels. A performance warranty ensures a minimum energy output. Comprehensive warranties show that a solar company believes in its work.
Solar energy can help reduce your energy expenses. Be sure to weigh these aspects when determining the cost and value of solar panels.
In Greenwood, solar panels cost an average of $3,140 per kilowatt, with an average system size of 8.4 kilowatts. The typical Greenwood homeowner spends $18,558 on their solar array after federal tax refunds. An estimate from a local provider will consider additional information reflecting your desired system's required preliminary work, panel type, size, and capacity. In some cases, homeowners may prefer to lease solar panels to reduce upfront costs.
Generally speaking, a solar photovoltaic (PV) array can be used to power any household system or appliance that uses electricity. In the simplest case, you can use a solar water heater.
With home solar panels, you can recoup the cost of the system over time, lower your property's emissions, and be better prepared if there's an outage to the local grid.
Generally speaking, your energy bills will decrease significantly 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 Greenwood, the average amount someone can save is $1,554 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 the average sunlight in your area, their rated capacity, and the rate your utility charges per kilowatt of power. Greenwood has extremely high daily sunlight levels, so you could recoup your investment in as little as 11.9 years per 5 kW of rated capacity.
Your recommended maintenance will vary based on the type of solar panels you have. With any system, you should clean and inspect each panel once a quarter. Your solar energy company might offer comprehensive plans where they'll do the maintenance on your behalf.
While solar energy is a great option for many, it might not be ideal for homeowners in wet, dark areas. In these cases, you could consider other forms of renewable energy, such as wind or geothermal power, as a primary source. It is also important to speak to a qualified installer to determine if their solar system is compatible with the climate and environment of your area. Even if you choose a different form of renewable energy altogether, you'll still lower your emissions and could still qualify for distributed generation or other money-saving programs.
Ultimately, the answer will depend 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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