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Best 5 Solar Companies in Hammond, IN
The best solar company in Hammond is Greentech Renewables Chicago.
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- Updated 2024-04-18 00:00:00
With Hammond's clear skies and below-average rainfall, it's a great area for families and businesses hoping to harness the added sunlight by purchasing panels from one of the best solar installers. With all the options to choose from in this urban jungle, you might feel burnt out searching for a great provider. Discover Hammond's top-rated solar companies and learn key decision-making strategies on this page.
5 Best Solar Companies in Hammond
Brands are algorithmically curated from a database of local service providers near you. We require a minimum number of Google reviews and average ratings for provider inclusion.
Greentech Renewables Chicago
Ratings are based on our detailed proprietary methodology and review standards.
Ailey Solar Electric, Inc.
Ratings are based on our detailed proprietary methodology and review standards.
FreeWorld Solar
Ratings are based on our detailed proprietary methodology and review standards.
WindSoleil Solar and Wind Energy Services
Ratings are based on our detailed proprietary methodology and review standards.
RxSun
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
We reviewed a multitude of Hammond solar installers, using the following criteria to determine the finest:
- Panel quality and brand offerings: The leading solar companies keep up with new technology, providing equipment from cutting-edge and trustworthy manufacturers.
- Reviews and feedback from customers: Most Hammond solar providers have both favorable and unfavorable reviews. However, a good review ratio demonstrates a company's dependability and responsiveness to issues.
- Certifications and licenses: Each contractor on our list meets state and city licensing requirements and keeps current with industry best practices. Many of them have been a part of the Hammond community for a decade or longer.
- Service offerings and warranties: Solar installers should stand behind their systems and services with warranties. We evaluated how each company responds to issues and warranty claims, focusing on timeliness and customer happiness.
- Educational approach and support: Solar technicians must be good teachers. They should utilize their years of experience address your questions on how to care for your system and improve its performance.
Facts about Hammond
- Average Max Temperature:58°F
- Solar Payback Period:13 years
- Average Daily Sunlight:52%
- Homes Powered by Solar:757
- Average Annual Energy Bill:$1,720
- Solar Power per Capita:36.1%
Benefits of Solar Energy
Solar energy offers several advantages that will enhance your home for years to come.
- Better energy independence: Adding a battery storage system lets you have trustworthy energy during storms and grid outages.
- Lowered energy bills: Solar panels let you generate your own energy to power your home, minimizing your periodic electricity costs. You can eliminate your bills completely if you go off-grid. Plus, a significant number of states have adopted net metering, which permit you to earn money by selling your unused energy back to the grid.
- Reduced carbon footprint: Solar is a highly abundant clean energy source, meaning you can minimize or conquer your home's dependence on "traditional" sources.
What Solar Incentives Are Available to Hammond Homeowners?
Indiana agencies and electric companies offer multiple solar incentives to help lower your solar system costs. Check out a breakdown of applicable solar programs where you live.
Incentive Type:Property Tax Incentive
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:https://nobleremc.com/rebates
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:https://www.nipsco.com/our-services/renewable-energy-projects/feed-in-tariff-program
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:Personal Tax Credit
Website:https://www.ecowatch.com/solar/ev-appliance-solar-tax-credit-calculator
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.
How To Choose the Best Solar Company in Hammond
The more comprehensive your company research is, the better your solar system will ultimately function. Consider all of these elements in your company search.
Licensing and Training
Indiana does not issue electrical or solar contracting licenses at the state level, though cities and counties might adopt their own licensing programs. You should also visit a company's website to learn about its private credentials. Two of the most prestigious are the Solar Heating Installer and PV Installation Professional certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Cost of Solar Panels in Hammond
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
You can also add electric vehicle (EV) chargers and battery backup systems. These will increase your total installation cost, but they can increase your solar system's performance. Not every solar contractor offers these additional features, so look for a provider that sells them if it's essential for you.
Most Hammond homeowners choose solar systems sized for five kilowatts (kW) of electrical capacity. These systems run about $20,500 to install, considering both parts and installation. You can see more specific solar cost information in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,111.07 |
Solar Polycrystalline | $866.64 |
Thin-Film | $506.65 |
Solar Battery | $711.09 |
Solar Home EV Charger | $2,666.57 |
Financing Solar Energy in Hammond
There are various ways to pay for new solar panels, and the right one will lower your costs. A few of the most common options include loans, power purchase agreements (PPAs), leases, and cash payments. We suggest making a cash payment or securing a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to reduce your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still enjoying energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to pay a monthly rate to rent your panels, while a PPA lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in certain circumstances. We advise working with a contractor that offers multiple financing options. Speak with each representative about what's available, and obtain more than one estimate for the best odds of staying within your financial plan.
The table below lists the average payback periods for different capacities of solar systems in Hammond.
The IRS allows you to claim a 26% federal tax credit for solar panels on the full cost of the solar system, so long as you purchase it before 2032. Municipal authorities and utilities might also offer their own incentives, rebates, and financing programs that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.1 years |
2 kW | 4.1 years |
5 kW | 10.4 years |
10 kW | 20.7 years |
Frequently Asked Questions about Solar in Hammond
Most Hammond homeowners spend about $1,720 on energy each year. Your costs could drop by $1,069.78 for each kilowatt you generate after you pay off a solar array.
Yes, solar energy is becoming increasingly popular in Hammond. Some homes already use solar power on-site or through utility grids, and they're supported by a state solar economy with 3600 jobs and counting.
Yes, new solar systems translate to higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could increase your home's value by $12,000.
A solar setup could still work well in bad weather. Your technician will orient your panels to absorb the most sunlight possible. They might also recommend a battery backup system to keep your system performing at its best.
There's no universal answer for how long a solar project might take. Ultimately, it depends on the necessary prework, system size, the permitting and inspection process, local weather, and panel style. Many homeowners can be solar-ready within a few months from their initial estimate visit.
The average payback period for a solar loan in Hammond is 13.4 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.
Most states and utilities administrate net metering programs, and some mandate homeowners to join. Once you register, you can receive a check or bill credit for any surplus electricity you produce and send to the grid. Generally, power companies reimburse solar homeowners at a wholesale or "avoided-cost" rate.
Sources
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