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Best 4 Solar Companies in Noblesville, IN

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Written By Max Peterson | Last Updated: February 05, 2024

Noblesville homeowners are lucky to live in plentiful sunlight, both to enjoy and harness as energy. 662 homes in the area already use a solar PV or water heating system. Expert installers will therefore have the exact experience you need to embrace the solar trend with confidence. On this page, we'll show you Noblesville's most reputable solar providers and give valuable advice for your solar journey.

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 Noblesville Solar Companies

GRNE Solar Logo

GRNE Solar

4.4/5
Based on 21 customer reviews.

Services Offered

Residential Panels Battery Storage Commercial Panels Financing Assistance Full-Service Consultation Ev Charger Maintenance Off-Grid Solar Systems

Highlights

  • Clear pricing policy
  • Free quotes
  • Reliable customer support
7718 N Michigan Rd, Indianapolis, IN 317-662-0013 grnesolar.com
Jefferson Electric of Greater Indianapolis, Serving Indiana Logo

Jefferson Electric of Greater Indianapolis, Serving Indiana

4.6/5
Based on 46 customer reviews.

Services Offered

Off-Grid Solar Systems Emergency Services Cleaning Tesla Powerwall Consultation Ev Charger Residential Panels Commercial Panels Maintenance Battery Storage Skilled Repairs Solar Panel Upgrades

Highlights

  • Prompt service delivery
  • Informative resources
  • Clear pricing policy
2950 E Hanna Ave, Indianapolis, IN 317-418-3917 jeffersonelectricllc.com
Green Alternatives Inc. Logo

Green Alternatives

4.1/5
Based on 17 customer reviews.

Services Offered

Commercial Panels Maintenance Residential Panels

Highlights

  • Clear pricing policy
  • Informative resources
  • Reliable customer support
702 E Columbia St, Flora, IN 765-480-2423 solargai.com

Ranking Methodology

Our team focuses on the following criteria to determine the best Noblesville solar companies.

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Facts about Noblesville
Average Max Temp: 60°F
Solar Payback Period: 10.4 years
Average Daily Sunlight: 52%
Homes Powered by Solar: 661
Average Annual Energy Bill: $1,312
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 comes with multiple benefits. Here are some highlights.

  • Better energy independence: Solar systems with battery storage operate through blackouts and emergencies, and you won't have to depend on the grid for your safety and comfort.
  • 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.
  • Lowered energy bills: You can avoid the expensive cost of grid-tied power by creating some electricity right where you use it.

What Solar Incentives Are Available to Noblesville Homeowners?

Governments and utilities often reward homeowners for going solar. Here are some of the tax credits, rebates, or other programs you could qualify for.

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: 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: duke-energy.com

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 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 Noblesville

Choosing a company is the first step toward a well-oiled and cost-efficient solar energy system. Here are some important factors to keep in mind while searching for a solar installer.

Licensing and Training

Indiana does not issue electrical or solar contracting licenses at the state level, but cities and counties might adopt their own licensing programs. You should also visit a company's website to learn about its private certifications. Two of the most recognized are the PV Installation Professional and Solar Heating Installer certificates, granted 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 Noblesville

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. 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.

Additional system add-ons, such as battery storage and electric vehicle (EV) chargers, will add to your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar provider offers these add-ons, so look for a company that installs them if it's crucial for you.

You can plan to spend about $20,500 on average for a five-kilowatt solar energy system in Noblesville. Use the table in this section to get an idea of how much Noblesville solar companies might quote for your specific system.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,153
Solar Polycrystalline $899
Thin-Film $526
Solar Battery $738
Solar Home EV Charger $2,766

Financing Solar Energy in Noblesville

Solar installers 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, cash payments, power purchase agreements (PPAs) and solar loans. Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they help you avoid paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a home or auto loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to use your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, akin 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. Look for contractors that offer two or more payment plans to find the right fit for your wallet.

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

You are eligible for a 26% federal 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 Capacity Estimated Payback period
1 kW 2.1 years
2 kW 4.1 years
5 kW 10.4 years
10 kW 20.7 years

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Frequently Asked Questions About Solar in Noblesville

How much money could I save by going solar in Noblesville?

Most Noblesville homeowners spend about $1,312 on energy each year. Your costs could drop by $850.69 for each kilowatt you generate after you pay off a solar array.

How prevalent is solar energy in Noblesville?

Yes, solar energy is readily available in Noblesville. A growing number of local homes generate or access solar power on-site or through utility grids, and Indiana has about 3600 jobs comprising its solar economy.

Should I anticipate a property value increase after installing solar panels?

Yes, a solar PV system will raise your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you reduce on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

How can I determine my property's solar viability?

One common way to calculate your home's solar viability is by using PVWatts. This free, powerful tool considers panel efficiency, local weather and topography, tree cover, and system size to determine how much power your array could generate. However, it's not a substitute for consulting with a solar expert, who can create a full estimate with the most updated data.

How do I care for my new solar system?

To protect your solar system's efficiency, inspections and cleanings every six months are usually sufficient. In dusty or dry seasons, your panels might need cleanings every one to two months. Your contractor can recommend a maintenance schedule. Its team could also handle the cleaning for you.

What is the average payback period for Noblesville solar panels?

The average payback period for a solar loan in Noblesville is 16.9 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.

What are the signs I shouldn't use a particular solar company for my job?

Even the most renowned Noblesville solar companies will have both glowing and unfavorable reviews. To make the most informed decision possible, focus on these signs to know if a company isn't worth your investment:
  • Pushy sales approach
  • Being evasive about cost, references, training and credentials and warranties
  • Inflexible options
  • Rushing through the site assessment
  • Limited online information

How are traditional solar loans and PPAs different?

A power purchase agreement is an agreement between you and your provider. They set up, own, and care for the panels, and you purchase the generated electricity from them for 10–25 years. There will usually be options to extend the agreement and buy out early to own your system.

In contrast, solar loans can come from specialty lenders, installer, local banks and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for upkeep, you'll also have full ownership rights and can apply for many more benefits.

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

Sources