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Best 5 Solar Companies in Holyoke, MA
The best solar company in Holyoke is Valley Solar.
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- Updated 2024-04-18 00:00:00
With Holyoke's clear skies and little rainfall, it's a perfect area for families and businesses aiming to harness the additional sunlight by purchasing panels from one of the best solar companies. Local homeowners might opt for solar to break free of high power costs from sources like natural gas. A knowledgeable solar installer can help you set up and adjust a system that fits your energy needs without breaking the bank. In this article, we'll showcase Holyoke's best solar companies and offer suggestions for your company choice, so you can find the right one for your residence.
5 Best Solar Companies in Holyoke
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.
Valley Solar
Ratings are based on our detailed proprietary methodology and review standards.
PosiGen
Ratings are based on our detailed proprietary methodology and review standards.
Beyond Green Construction
Ratings are based on our detailed proprietary methodology and review standards.
Northeast Solar
Ratings are based on our detailed proprietary methodology and review standards.
Insight Solar
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
We analyzed dozens of Holyoke solar companies, using the following criteria to select the top-notch:
- Customer feedback and reviews: Most Holyoke solar companies have both favorable and unfavorable reviews. However, a good review ratio reflects a company's reliability and responsiveness to issues.
- Educational approach: Solar technicians must be excellent teachers. They should tap into their years of experience address your questions on how to maintain your system and improve its performance.
- Certifications and licenses: Each contractor on our list complies with state and city licensing requirements and keeps current with industry best practices. Many of them have been a part of the Holyoke community for a decade or longer.
- Panel brands and quality: The premier solar companies remain current on new technology, offering equipment from innovative, dependable manufacturers.
- Warranty and service offerings: Solar providers should stand behind their equipment and services with warranties. We evaluated how each company responds to issues and warranty claims, focusing on promptness and customer satisfaction.
Facts about Holyoke
- Average Max Temperature:56°F
- Solar Payback Period:15 years
- Average Daily Sunlight:52%
- Homes Powered by Solar:3,590
- Average Annual Energy Bill:$936
- Solar Power per Capita:89.2%
Benefits of Solar Energy
Solar energy provides multiple benefits. Let's look at a few of them.
- Reduced carbon footprint: Using solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
- Better energy independence: Solar panel systems can keep your home running through emergencies and blackouts. You can use your solar energy anytime with an optional battery backup system.
- Lowered energy bills: You can dodge the added cost of grid-tied power by creating some electricity right where you use it. Plus, many states provide net metering which can allow you to sell your unused energy back to help pay for your energy bill.
What Solar Incentives Are Available to Holyoke Homeowners?
Governments and utilities often reward homeowners for embracing solar. Here are some of the tax credits, rebates, or other programs you could qualify for.
Incentive Type:Property Tax Incentive
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:Personal Tax Credit
Incentive Amount:
15%
Incentive Type:Sales Tax Incentive
Website:http://www.mass.gov/dor/individuals/taxpayer-help-and-resources/tax-guides/salesuse-tax-guide.html
Incentive Amount:
100% exemption
Incentive Type:Industry Recruitment/Support
Incentive Amount:
100% deduction
Incentive Type:Rebate Program
Website:https://www.capelightcompact.org/home-energy-assessments/resrebates/
Incentive Amount:
Appliances
Refrigerator and Freezer Recycling: $125
Electric Clothes Dryers: $50
Clothes Washer: $350
Dehumidifiers: $30
Room Air Purifiers: $40
Room Air Conditioner: $40
Heating & Cooling
Oil Heating System: Up to $800
Propane Heating Equipment: Up to $2,300
Oil Water Heater: Up to $400
Propane Water Heater: Up to $800
Heat Pump Water Heater: Up to $600
Central AC/Heat Pump: Up to $250/ton
Mini-Split Heat Pump: Up to $250/ton
Programmable Thermostats: Up to $25
WiFi Thermostat: Up to $100
Solar Domestic Hot Water heater: $500 - $1,500
Home Electronics
Advanced Power Strips: Varies
Home Insulation
Limited Time Enhanced Incentive: 75%
Year-Round Tenant Incentive: 100%
Enhanced Residential Program: 100%
Lighting
LEDs: Varies
Home Energy Assessment: Free
Incentive Type:Loan Program
Incentive Amount:
$25,000 ($50,000 for some expanded HEAT offerings)
Incentive Type:Performance-Based Incentive
Website:http://masmartsolar.com/
Incentive Amount:
(Base compensation rate + compensation rate adders - greenfield subtractor) * total kWh generated - value of energy generated
Incentive Type:Loan Program
Website:https://www.masssolarloan.com
Incentive Amount:
Maximum required: $35,000; maximum possible: $60,000
Incentive Type:Rebate Program
Website:http://www.masscec.com/learn-about-ground-source-heat-pumps
Incentive Amount:
New GSHP Rebate: $2,000 per ton with adders to eligible applicants
Retrofit Existing GSHP Rebate: varies with installation costs
Incentive Type:Rebate Program
Website:http://www.masscec.com/get-clean-energy/residential/commonwealth-woodstove-changeout
Incentive Amount:
Standard Residential:
Pellet Stove: $1,000 - $1,750
Catalytic Woodstove: $750 - $1,250
Non-Catalytic Woodstove: $500-$1,250
Fully Automated Wood Stove: $1,500 - $1,750
Low-Income Residential:
Pellet Stove: $2,500 - $3,250
Catalytic Woodstove: $2,250 - $2,750
Non-Catalytic Woodstove: $2,000-$2,750
Fully Automated Wood Stove: $2,750 - $3,250
Incentive Type:PACE Financing
Incentive Amount:
Financing amount locally determined; 20-year financing term
Incentive Type:Solar Renewable Energy Credit Program
Website:http://www.mass.gov/eea/energy-utilities-clean-tech/renewable-energy/solar/rps-solar-carve-out-2/
Incentive Amount:
Varies, depending on market supply and demand
Incentive Type:Rebate Program
Incentive Amount:
Varies by utility
Incentive Type:Loan Program
Incentive Amount:
Single-Family Homes: $5,000
Owner-Occupied Multi-Family Dwellings: $10,000 (maximum of $5,000 per unit)
Solar: $10,000
Incentive Type:Rebate Program
Website:https://www.celd.com/go-solar
Incentive Amount:
$1.20/W
Incentive Type:Rebate Program
Website:http://www.masscec.com/get-clean-energy/residential/solar-hot-water
Incentive Amount:
Base rebate: $100 X number of collectors X SRCC rating (Category D, Mildly Cloudy Day)
Additional $500/system for metering installation
Additional $500/system for participants that have also installed solar PV on the same facility
80%-120% Income-Based Rebate Adder: $125 multiplier in formula (as opposed to $100)
Less than 80% of SMI Income-Based Rebate Adder: $150 multiplier in formula (as opposed to $100)
Non-Profit/Public Entity Adder: $150 in formula (as opposed to $100)
Affordable Housing Adder: $200 in formula (as opposed to $100)
Incentive Type:Personal Tax Credit
Website:https://www.ecowatch.com/solar/ev-appliance-solar-tax-credit-calculator
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 Holyoke
The price and performance of solar panels often hinge on which company installed them. Here are some key items to bear in mind while searching for a solar installer.
Licensing and Training
Massachusetts requires new solar photovoltaic systems in the Commonwealth to be installed by a licensed electrician and new solar water heaters to be installed by a construction supervisor. You should also visit a company's website to learn about its private accreditations. Two of the most recognized are the PV Installation Professional and Solar Heating Installer 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 Holyoke
Your solar modules' style will influence how much power you can produce. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
If you need to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for accessories. By selecting the right components, you can make your system more effective and convenient to use. Not all solar companies include these extras, so look for a provider that sells them if it's crucial for you.
Most Holyoke homeowners opt for solar systems sized for five kilowatts (kW) of electrical capacity. These systems cost about $20,300 to install, considering both parts and installation. You can find more specific solar cost information in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,197.86 |
Solar Polycrystalline | $934.33 |
Thin-Film | $546.22 |
Solar Battery | $766.63 |
Solar Home EV Charger | $2,874.86 |
Financing Solar Energy in Holyoke
There are a plethora of ways to pay for new solar panels, and the right one will lower your costs. A few of the most common options include cash payments, loans, power purchase agreements (PPAs), and leases. 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 solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a home or auto loan, you'll pay a set monthly rate with potentially $0 down. Solar leases let you use your panels for a fixed monthly rate, while PPAs let you pay just 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. Look for companies that offer several 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 Holyoke.
You are eligible for a 26% federal solar tax credit for new solar power systems until the year 2032. Local and state governments and utility companies might also offer rebates, discounts, and unique financing solutions that could save you more.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.0 years |
2 kW | 3.9 years |
5 kW | 9.8 years |
10 kW | 19.6 years |
Frequently Asked Questions about Solar in Holyoke
On average, Holyoke homeowners pay roughly $936 per year on energy bills. Once you repay your solar array, you could reduce your costs by $977.60 per kilowatt you produce.
Yes, solar energy is spreading quickly in Holyoke. Some homes already benefit from solar power on-site or through utility grids, and they're supported by a state solar economy with 10400 workers and counting.
Yes, new solar systems mean 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.
Today's solar installations are incredibly durable, lasting up to 25 years. Monocrystalline panels and other top-tier models tend to last longer than less expensive models.
Solar panels don't need much maintenance to keep working for your home. All you'll need to do is inspect and clean the panels every six months or as necessary in dusty seasons. Solar companies frequently offer maintenance packages to help you in your system's care.
A typical Holyoke solar home utilizes a 4.5-kW panel array, but you might need a larger system if your energy needs are higher. Solar experts will evaluate your property's power usage and roof shading to recommend the appropriate system for you.
After you sign a PPA, your solar contractor will not charge to install or maintain your new panel array. Instead, you'll pay them only for the electricity you generate. Typically, PPAs last for 10–25 years or until you "buy out" of the contract.
If you choose a lease, you'll make set monthly payments.
With both leases and PPAs, you don't own your panels and lose eligibility for some incentives. Further, you'll have to "buy out" or transfer the contract if you sell your home during the term.
A power purchase agreement (PPA) is a contract between you and your provider. They install, own, and maintain the panels, and you purchase the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.
In contrast, solar loans can come from local banks, the government, specialty lenders and installer. 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 maintenance, you'll also have full ownership rights and can apply for many more incentives.
Sources
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