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Best 3 Solar Companies in Terre Haute, IN

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

With Terre Haute's clear skies and below-average rainfall, it's a perfect area for families and businesses hoping to harness the added sunlight. While going solar comes with upfront costs, local homeowners could ultimately save $920 per kilowatt on their electric bills. A professional technician can help you choose the best panels to maximize your savings. In this article, we'll show you Terre Haute's best solar companies and offer suggestions for your company choice, so you can find the perfect one for your residence.

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 Terre Haute Solar Companies

Solar Energy Solutions Logo

Solar Energy Solutions

4.7/5
Based on 17 customer reviews.

Services Offered

Panel InstallationBattery StorageTesla PowerwallFinancing Assistance

Highlights

  • Informative resources
  • Prompt service delivery
  • Free quotes
7966 Zionsville Rd, Indianapolis, IN 812-226-4688 sesre.com
Tick Tock Energy, Inc. Logo

Tick Tock Energy

4.4/5
Based on 18 customer reviews.

Services Offered

Community Solar ProjectsPanel InstallationFinancing AssistanceBattery StorageOff-Grid Solar Systems

Highlights

  • Free quotes
  • Reliable customer support
  • Informative resources
800 E Fayette Ave, Effingham, IL 217-994-9020 ticktockenergy.com

Ranking Methodology

Our team has carefully researched dozens of solar installers near Terre Haute, focusing on the following criteria:

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Facts about Terre Haute
Average Max Temp:62°F
Solar Payback Period:10.4 years
Average Daily Sunlight:53%
Homes Powered by Solar:607
Average Annual Energy Bill:$1,326
Solar Power per Capita Percentile:48.0%

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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 offers multiple advantages that will enhance your home for years to come.

  • Reduced carbon footprint: The sun 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 systems with energy storage work through blackouts and emergencies, and you won't have to rely on your power company for your safety and well-being.
  • Lowered energy bills: Solar panels let you generate your own energy to power your home, lowering your regular electricity costs. Going off-grid can eliminate your bills completely.

What Solar Incentives Are Available to Terre Haute Homeowners?

Indiana homeowners who upgrade to solar could qualify for reimbursements, tax credits, special financing and rebates. Here are just a few of the local incentive programs.

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: winenergyremc.com

Incentive Amount:

Electric Water Heaters: $50/unit - $300/unit
Heat Pump Water Heaters: $500/unit
Geothermal Heat Pumps: $1,500/unit
Air-to-Air Heat Pump: $750/unit - $1,500

Incentive Type: Rebate Program

Website: udwiremc.com

Incentive Amount:

Refrigerator/Freezer Recycling: $50
Heat Pumps: $750-$1,500
Geothermal Heat Pumps: $1,500
Hybrid or Heat Pump Water Heater: $500
LED Lamps and Reflector Floods: 75% instant rebate

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 Terre Haute

The more thorough your company research is, the better your photovoltaic system will ultimately perform. Make your choice based on the following vital factors.

Licensing and Training

Indiana does not issue 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 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 Terre Haute

The style of solar panels you select determines how much power you can generate. Monocrystalline panels 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'd like to charge an electric car or use your solar power in dark weather, you can pay extra for accessories. By choosing the right components, you can make your panel array more efficient and convenient to use. Not all solar providers provide these optional components, so look for a company that sells them if it's essential for you.

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

Solar Panel CostAverage Cost
Solar Monocrystalline$1,075
Solar Polycrystalline$838
Thin-Film$490
Solar Battery$688
Solar Home EV Charger$2,579

Financing Solar Energy in Terre Haute

Solar installers use 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. Though it involves a large up-front payment, cash is the most economical 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 valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate determined by the energy you use, as with an electric bill. We typically don’t recommend these two options because you won't own the panels and cannot use solar incentives. Look for installers that offer several payment plans to find the right fit for your financial needs.

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

The IRS allows you to claim a 26% federal tax credit on the full cost of the solar system, so long as you purchase it before 2032. City and state governments and utilities might also offer their own financing programs, incentives, and rebates that could save you more money.

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

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Frequently Asked Questions About Solar in Terre Haute

How much money could I save by going solar in Terre Haute?

Most Terre Haute homeowners spend about $1,326 on energy each year. Your costs could drop by $922.43 for each kilowatt you generate after you pay off a solar array.

Is solar energy widely available in Terre Haute?

Yes, solar energy is readily available in Terre Haute. A growing number of local homes already use solar power on-site or through utility grids, and Indiana has about 3600 jobs making up its solar economy.

Will solar energy systems increase my Terre Haute home worth?

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.

What if I live in a rainy or dark

Even if your property has high tree cover, you could still benefit from solar energy. Your technician will optimize 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 keep solar energy longer and use it as necessary.

Is solar installation a fast job?

Your solar job's duration will depend on its size and complexity, as well as Terre Haute's permit and inspection procedures. It could take two weeks to two months on average.

What care do my solar panels need, and how frequently do they need it?

To preserve your solar system's performance, inspections and cleanings every six months are usually adequate. In dry or dusty seasons, your panels might need cleanings every few months. Your installer can recommend a maintenance schedule. Its team could also handle the cleaning for you.

How can I enhance my solar array's performance?

To enhance your solar system's performance, you can use the following strategies:
  • 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

What is "net metering," and how does it work?

Most states and utilities provide net metering programs, and some mandate homeowners to join. Once you sign up, you can obtain a bill credit or check for any surplus electricity you produce and send to the grid. Generally, power companies compensate solar homeowners at a wholesale or "avoided-cost" rate.

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

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