Best 4 Solar Companies in Noblesville, IN

How To Choose the Best Solar Company in Noblesville

The purchase price and effectiveness of solar panels often rely on the provider that mounted them. Make your choice based on the following essential elements.

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. Check for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

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 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.

If you want to charge an electric car or use your solar power in dark weather, you can pay extra for add-ons. By selecting the right components, you can make your system more productive and user-friendly. Not all solar contractors include these additional features, so look for a contractor that installs them if it's important for you.

You can expect to pay about $20,500 on average for a five-kilowatt solar energy system in Noblesville. Check the table in this section to get an idea of what amount Noblesville solar companies might quote for your specific solar system's price.

Financing Solar Energy in Noblesville

Solar providers offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), solar loans, solar leases and cash payments. Most solar experts recommend paying cash or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to rent your panels for a set monthly rate, while PPAs let you pay only for the energy you use, much like 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 multiple payment plans to find the right fit for your pocket.

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

The IRS allows you to claim a 26% federal solar tax credit on your new solar panels, so long as you purchase it before 2032. Local governments and utilities might also offer their own incentives, financing programs, and rebates that could save you more money.