We may be compensated if you purchase through links on our website. Our Reviews Team is committed to delivering honest, objective, and independent reviews on home products and services. More

Best 3 Solar Companies in Muncie, IN

Get matched with a top local pro
Join the 10,601 people who have received a free, no-obligation quote in the last 30 days
  1. Home
  2. Local Pros
  3. Solar
  4. IN
  5. Muncie
Written By Max Peterson|Last Updated: February 05, 2024

Muncie homeowners are increasingly using solar panels to generate energy and heat their water. 679 homes in the area already use a solar photovoltaic or water heating system. Skilled installers will therefore have the precise experience you need to join the solar revolution with confidence. In this article, we'll highlight Muncie's best solar installers and offer tips for your company choice, so you can find the perfect one for your household.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Most Reputable
4.4
  • Offers high-efficiency panels and storage options
  • Provides unique in-house financing options
  • Recognized as one of the most reputable solar companies

Top Muncie Solar Companies

Solar Energy Solutions Logo

Solar Energy Solutions

4.7/5
Based on 17 customer reviews.

Services Offered

Battery StoragePanel InstallationTesla PowerwallFinancing Assistance

Highlights

  • Free quotes
  • Clear pricing policy
  • Prompt service delivery
7966 Zionsville Rd, Indianapolis, IN 812-226-4688 sesre.com
Bone Dry Solar Logo

Bone Dry Solar

4.4/5
Based on 15 customer reviews.

Services Offered

ConsultationPanel InstallationCleaning And MaintenanceSkilled Repairs

Highlights

  • Informative resources
  • Family-operated business
  • Clear pricing policy
7735 Winton Dr, Indianapolis, IN 317-873-6005 bonedry.solar

Ranking Methodology

We assessed dozens of Muncie solar providers, using the following criteria to choose the best:

Get Your Solar Project Quote Today

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Facts about Muncie
Average Max Temp:59°F
Solar Payback Period:10.4 years
Average Daily Sunlight:53%
Homes Powered by Solar:678
Average Annual Energy Bill:$1,617
Solar Power per Capita Percentile:48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy provides several advantages that will enhance your home for years to come.

  • Lower utility costs: Generating some or all of your own power will spend less on electricity long-term.
  • Reduced carbon footprint: Using clean solar power lowers your dependence on fossil fuels, which release greenhouse gases that damage the environment.
  • Better energy independence: Adding a solar battery lets you have reliable energy during storms and grid outages.

What Solar Incentives Are Available to Muncie Homeowners?

Indiana's public agencies and power companies offer numerous solar incentives to help cut your solar system costs. Check out a breakdown of relevant solar programs where you live.

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: Rebate Program

Website: powermoves.com

Incentive Amount:

Dual Fuel Heat Pump: $500
Variable Speed Pool Pump: $250
Air-Source Heat Pump: $250 - $750
Geothermal Heat Pump: $1,500
Heat Pump Water Heater: $400/unit
HVAC: Varies depending on ZIP code. See program website

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: electricideas.com

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

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.

How To Choose the Best Solar Company in Muncie

The more informed your provider search is, the better your photovoltaic system will ultimately perform. Consider each of these factors in your contractor search.

Licensing and Training

In Indiana, there are no electrical or solar contracting licenses at the state level, though local communities might adopt their own licensing programs. Solar companies can also earn certifications from trade groups and standards organizations. The top ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Muncie

The kind of solar panels you purchase decides how much power you can produce. Monocrystalline panels give you the best performance but cost more upfront. 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 vehicle (EV) 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 all solar companies provide these extras, so look for a company that sells them if it's a priority for you.

If you're a resident of Muncie and want a five-kilowatt solar energy system, you could expect to pay about $20,500 for materials and labor. See more information on specific component and panel costs in the table.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,122
Solar Polycrystalline$875
Thin-Film$512
Solar Battery$718
Solar Home EV Charger$2,693

Financing Solar Energy in Muncie

Solar companies offer multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar loans, solar leases, power purchase agreements (PPAs) and cash payments. Though it requires a large up-front payment, cash is the most economical choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the runner-up option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases let you rent your panels for a fixed monthly rate, while PPAs let you pay only for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each provider you're vetting about the payment plans it offers. A salesperson can help you determine the optimal option for your pocketbook.

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

A 26% federal tax credit applies to new home solar systems purchased through 2032. Further incentives may be available through city and state governments, usually in the form of rebates and special financing programs.

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

Ready to Get a Quote on Your Solar Project?

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Frequently Asked Questions About Solar in Muncie

How much energy and money could I save per year by switching to solar?

Most Muncie homeowners spend about $1,617 on energy each year. Your costs could drop by $909.02 for each kilowatt you generate after you pay off a solar array.

Is solar energy widely available in Muncie?

Yes, solar energy is gaining popularity in Muncie. Some homes already benefit from solar power on-site or through utility grids, and they're fortified by a state solar economy with 3600 jobs and counting.

Should I expect a boost in my property value after adopting solar power?

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 boost your property value by $12,000.

What if I live in a heavily-wooded or dark

Even if your property has high tree cover, you could still take advantage of solar energy. Your provider will maximize your system's performance by selecting the proper site for panels, positioning them to capture the most sunlight throughout the year, installing a battery backup system, and cleaning them regularly. This way, you can store solar power and utilize it as necessary.

What is a Muncie solar panel's average lifespan?

Today's solar installations are incredibly durable, lasting up to 25 years. Monocrystalline panels and other top-tier models tend to live longer than cheaper models.

What is the average payback period for Muncie solar panels?

The average payback period for a solar loan in Muncie is 15.8 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.

How can I boost my solar panels' performance?

To enhance your solar system's performance, you can use the following steps:
  • optimize the panels' position with your solar installer
  • regularly clean your solar panels
  • upgrade to a more efficient inverter trim or cut down trees in the way of your panels
  • use energy-efficient appliances

How are a solar lease and PPA different?

Choosing a leasing option means your solar installer will handle panel maintenance while you make fixed monthly payments. Power Purchase Agreements differ slightly because you pay based on the electricity you produce.

You don't own the panels with either option, though you can choose to opt out of the contract for a fee.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Sources