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  • Written by
    Max Peterson
  • Fact Checked
  • Updated

Olive Branch homeowners are fortunate to live in ample sunlight, both to appreciate and harness as energy. Many are hiring top solar installers to get panels on their roofs. If you live in one of the area's many old homes, you might not think your electrical system would accommodate solar panels. However, new innovations and savvy installers can help these homeowners access sustainable, clean power. In this guide, we'll showcase Olive Branch's best solar providers and offer advice for your company choice, so you can find the ideal one for your household.

3 Best Solar Companies in Olive Branch

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.

Top Rated Provider
Top Rated

Phoenix Exteriors Roofing & Solar

4.4/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 48 reviews


1661 International Dr Suite 400, Memphis, TN 38120

(901) 446-2287

phoenixexteriors.com

Sunpro Solar

4.1/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 24 reviews


3975 Vantech Dr Suite 7, Memphis, TN 38115

(901) 979-1085

www.gosunpro.com/location/tennessee/m...

Bluff City Solar Co

4.3/5

Ratings are based on our detailed proprietary methodology and review standards.

Based on 11 reviews


200 Jefferson Ave, Memphis, TN 38103

(662) 502-5073

www.solar-memphistn.com

Ranking Methodology

Our team has researched dozens of solar installers near Olive Branch, focusing on the following criteria:

  • Panel quality and brand offerings: The best solar companies remain current on new technology, providing equipment from cutting-edge and trustworthy manufacturers.
  • Experience and professional licensure: Each company on our list complies with state and city licensing requirements and stays up to date with industry best practices. Many of them have been a part of the Olive Branch community for a decade or longer.
  • Reviews and feedback from customers: Most Olive Branch solar companies have both favorable and unfavorable reviews. However, a good review ratio demonstrates a company's reliability and responsiveness to issues.
  • Warranty and service offerings: Solar installers should stand behind their systems and services with warranties. We evaluated how each provider responds to issues and warranty claims, focusing on promptness and customer satisfaction.
  • Educational approach: Solar technicians must be excellent teachers. They should utilize their years of experience answer your questions on how to care for your system and improve its performance.

Facts about Olive Branch

  • Average Max Temperature:
    71°F
  • Solar Payback Period:
    20 years
  • Average Daily Sunlight:
    59%
  • Homes Powered by Solar:
    437
  • Average Annual Energy Bill:
    $1,367
  • Solar Power per Capita:
    38.1%

Benefits of Solar Energy

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

  • Better energy independence: Adding a solar battery storage system lets you have dependable energy during storms and grid outages.
  • Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
  • Lowered energy bills: You can skip the premium cost of grid-tied power by generating some electricity at home. Plus, many states offer net metering which can allow you to sell your unused energy back for credits on your bill.

What Solar Incentives Are Available to Olive Branch Homeowners?

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

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 Olive Branch

The more informed your company investigation is, the better your solar installation will ultimately perform. Make your choice based on the following important considerations.

Licensing and Training

Mississippi requires solar installers to have a Solar and Wind Construction classification on a per-job basis. Jobs valued at under $50,000 may be exempt from licensure requirements. A contractor may also need an electrical or plumbing certification if either portion of related work is valued at more than $50,000. Solar providers can also earn certificates 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 Olive Branch

The kind of solar panels you choose determines how much power you can produce. Monocrystalline panels and high-quality and 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.

Additional accessories, such as electric vehicle (EV) chargers and battery storage, will increase your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies offer these optional components, so look for a provider that installs them if it's a priority for you.

Most Olive Branch homeowners opt for solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $15,700 to install, considering both materials and labor. You can find more specific solar cost information in the table.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,066.43
Solar Polycrystalline$831.81
Thin-Film$486.29
Solar Battery$682.51
Solar Home EV Charger$2,559.43

Financing Solar Energy in Olive Branch

There are a plethora of ways to pay for new solar panels, and the right one will help you decrease overhead. A few of the most common options include cash payments, leases, loans, and power purchase agreements (PPAs). Most solar experts recommend paying cash or using a solar loan. Cash payments demand 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. Much like a home or car loan, you'll pay a set monthly rate with as little as $0 down. Solar leases let you rent your panels for a set 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 do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each company you're evaluating about the payment options it offers. A consultant can help you determine the most suitable option for your financial situation.

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

You are eligible for a 26% federal solar tax credit for new solar energy devices until the year 2032. Local and state governments and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.

Solar System CapacityEstimated Payback period
1 kW2.1 years
2 kW4.2 years
5 kW10.5 years
10 kW21.0 years

Frequently Asked Questions about Solar in Olive Branch

Sources

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