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  • Written by
    Max Peterson
  • Fact Checked
  • Updated

With Indianapolis' clear skies and below-average rainfall, it's an ideal area for families and businesses looking to harness the added sunlight by buying panels from one of the best solar companies. If you live in one of the area's many old homes, you might question whether your electrical system would accommodate solar panels. However, new innovations and experienced installers can help these homeowners access renewable, clean power. In this guide, we'll highlight Indianapolis' best solar providers and offer tips for your company choice, so you can find the right one for your residence.

Most Reputable
Blue Raven Solar logo
4.4/5

Ratings are based on our detailed proprietary methodology and review standards.

  • Offers high-efficiency panels and storage options
  • Provides unique in-house financing options
  • Recognized as one of the most reputable solar companies

5 Best Solar Companies in Indianapolis

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.

Featured Partner
Blue Raven Solar Logo
Top Rated

Blue Raven Solar

4.5/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 284 reviews


3901 W 86th St Unit 124, Indianapolis, IN 46268

(855) 912-3219

blueravensolar.com
Solar Energy Solutions Logo

Solar Energy Solutions

4.7/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 17 reviews


7966 Zionsville Rd, Indianapolis, IN 46268

(812) 226-4688

www.sesre.com

Bone Dry Solar

4.4/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 15 reviews


7735 Winton Dr, Indianapolis, IN 46268

(317) 873-6005

www.bonedry.solar

Atomic Electric and Solar

4.4/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 39 reviews


1401 S Madison St, Bloomington, IN 47403

(812) 325-5164

www.atomicsolarelectric.com
Green Alternatives Inc. Logo

Green Alternatives Inc.

4.1/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 19 reviews


702 E Columbia St, Flora, IN 46929

(765) 480-4138

solargai.com

Ranking Methodology

Our team used the following criteria to determine the best Indianapolis solar companies.

  • Customer feedback and reviews: Most Indianapolis solar contractors have both positive and critical reviews. However, a good review ratio shows a company's reliability and responsiveness to issues.
  • Panel quality and brand offerings: The premier solar companies keep up with new technology, offering equipment from cutting-edge and trustworthy manufacturers.
  • Educational programs and business model: 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.
  • Certifications and credentials: Each provider on our list complies with state and city licensing requirements and stays up to date with industry best practices. Many of them have served the Indianapolis community for more than a decade.
  • Service offerings and warranties: Solar companies should stand behind their equipment and services with warranties. We evaluated how each company responds to issues and warranty claims, focusing on timeliness and customer happiness.

Facts about Indianapolis

  • Average Max Temperature:
    61°F
  • Solar Payback Period:
    16 years
  • Average Daily Sunlight:
    53%
  • Homes Powered by Solar:
    8,922
  • Average Annual Energy Bill:
    $1,285
  • Solar Power per Capita:
    26.6%

Benefits of Solar Energy

Solar energy provides multiple advantages. Here are some highlights.

  • Lower energy bills: Sourcing some or all of your own energy will cut power costs long-term. Plus, some states offer net metering programs that make it possible for you to sell your unused energy back to the grid, generating additional credits toward your energy bill.
  • Reduced carbon footprint: Solar is the universe's most abundant clean energy source, meaning you can reduce or eliminate your home's dependence on non-renewable sources.
  • Better energy independence: Photovoltaic solar panel systems with battery storage systems function through power outages and emergencies, and you won't have to depend on the grid for your safety and well-being.

What Solar Incentives Are Available to Indianapolis Homeowners?

Indiana homeowners who choose solar could qualify for tax credits, reimbursements, rebates and special financing. Here are just a few of the area's incentive programs.

Incentive Type:Property Tax Incentive

Website:https://www.in.gov/dlgf/deductions-property-tax/

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

How To Choose the Best Solar Company in Indianapolis

The more comprehensive your provider search is, the better your solar system will ultimately operate. Consider each of these criteria in your service provider search.

Licensing and Training

In Indiana, there are no electrical or solar contracting licenses at the state level, but localities 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 PV Installation Professional and Solar Heating Installer certificates, awarded 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 Indianapolis

The kind of solar panels you purchase determines how much power you can produce. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't meant for large home installations, but they're excellent for small projects like sheds and RVs.

If you need to charge an electric car or use your solar power in inclement weather, you can pay extra for add-ons. By choosing the right components, you can make your system more efficient and convenient to use. Not every solar provider includes these add-ons, so look for a provider that installs them if it's crucial for you.

Generally speaking, it costs about $20,500 for a five-kilowatt solar array in Indianapolis. This table shows more specific pricing information for different solar panel types and system components in your area.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,144
Solar Polycrystalline$893
Thin-Film$522
Solar Battery$732
Solar Home EV Charger$2,746

Financing Solar Energy in Indianapolis

Solar providers use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar leases, power purchase agreements (PPAs), solar loans and cash payments. Though it requires a large up-front payment, cash is the most affordable choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the next best option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to rent your panels for a fixed monthly rate, while PPAs let you pay only for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We advise working with a provider that offers multiple financing options. Speak with each consultant about what's available, and get more than one estimate for the best odds of staying within your spending limits.

The table below lists the average payback periods for different capacities of solar systems in Indianapolis.

You are eligible for a 26% federal solar tax credit for new solar energy devices until the year 2032. City and state officials and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.

Solar System CapacityEstimated Payback period
1 kW2.1 years
2 kW4.1 years
5 kW10.4 years
10 kW20.7 years

Frequently Asked Questions about Solar in Indianapolis

Sources

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