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Best 5 Solar Companies in Greensboro, NC

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

Greensboro homeowners are lucky to live in plentiful sunlight, both to appreciate and harness as energy. With all the options to choose from in this vibrant community, you might feel overwhelmed searching for the right contractor. In this article, we'll show you Greensboro's best solar providers and offer tips for your company choice, so you can find the perfect one for your household.

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 Greensboro Solar Companies

AIS Solar Logo

AIS Solar

4.6/5
Based on 38 customer reviews.

Services Offered

Tesla PowerwallPanel InstallationBattery StorageFinancing AssistanceSolar Panel Upgrades

Highlights

  • Reliable customer support
  • Free quotes
  • Informative resources
115 Pomona Dr, Greensboro, NC 888-662-4948 aissolar.com
Balex Electrical Company, LLC Logo

Balex Electrical Company

4.6/5
Based on 152 customer reviews.

Services Offered

Cleaning And MaintenanceSolar Panel UpgradesPanel InstallationSkilled RepairsFinancing Assistance

Highlights

  • Clear pricing policy
  • Free quotes
  • Reliable customer support
7347 W Friendly Ave Suite J, Greensboro, NC 336-298-4192 balexelectrical.com
Renu Energy Solutions Logo

Renu Energy Solutions

4.3/5
Based on 17 customer reviews.

Services Offered

Battery StorageTesla PowerwallPanel InstallationFinancing AssistanceCleaning And MaintenanceConsultation

Highlights

  • Clear pricing policy
  • Free quotes
  • Informative resources
115 E Main St Suite E, Jamestown, NC 336-525-6786 renuenergysolutions.com
Carolina Connections Solar Energy - North Carolina Installation & Sales Logo

Carolina Connections Solar Energy - North Carolina Installation & Sales

4.5/5
Based on 134 customer reviews.

Services Offered

Grid-Tied Solar SystemFinancing AssistanceConsultationBattery StoragePermit AssistancePanel Installation

Highlights

  • Free quotes
  • Reliable customer support
  • Clear pricing policy
422 Huffman Mill Rd #105, Burlington, NC 336-585-1314 carolinaconnections.com

More Local Solar Companies

Beam Solar Co

User Reviews: 3.9/5 

1231 Shields Rd #5
Kernersville, NC 27284

Freedom Solar Power - Raleigh Solar Panel Installers

User Reviews: 4.6/5 

4502 Bennett Memorial Rd
Durham, NC 27705

Just One Solar

User Reviews: 4.7/5 

5425 Page Rd
Durham, NC 27703

Jim's Solarguard

User Reviews: 4.3/5 

700 E Geer St
Durham, NC 27701

Yes Solar Solutions

User Reviews: 4.8/5 

202 North Dixon Avenue
Cary, NC 27513

Southern Energy Management

User Reviews: 4.7/5 

5908 Triangle Dr
Raleigh, NC 27617

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

Ranking Methodology

Our team has meticulously studied dozens of solar installers near Greensboro, emphasizing the following criteria:

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Facts about Greensboro
Average Max Temp:68°F
Solar Payback Period:10.4 years
Average Daily Sunlight:58%
Homes Powered by Solar:37,075
Average Annual Energy Bill:$1,322
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 provides multiple perks. Here are some highlights.

  • Lower utility costs: Producing some or all of your own electricity will spend less on electricity long-term.
  • Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
  • Better energy independence: Solar panels can keep your home powered through blackouts and emergencies, giving you additional security. You can use your solar energy anytime with an optional battery storage system.

What Solar Incentives Are Available to Greensboro Homeowners?

North Carolina homeowners who choose solar could qualify for tax credits, reimbursements, rebates and special financing. Here are just a few of the local incentive offerings.

Incentive Type: Rebate Program

Website: duke-energy.com

Incentive Amount:

Residential: $0.60/W-AC
Nonresidential: $0.50/W-AC
Nonprofit: $0.75/W-AC

Incentive Type: Property Tax Incentive

Incentive Amount:

Residential systems: 100% of the appraised value
All other systems: 80% of the appraised value

Incentive Type: Property Tax Incentive

Incentive Amount:

No more than conventional equipment

Incentive Type: Rebate Program

Website: energyunited.com

Incentive Amount:

Heat Pumps (15 SEER): $150/unit
Heat Pumps (16 SEER): $300/unit

Incentive Type: Rebate Program

Website: duke-energy.com

Incentive Amount:

Central Air Conditioning or Heat Pump: $300 - $400 + $50 with added smart thermostat
Geothermal Heat Pump: $400 + $50 with added smart thermostat
Heat Pump Water Heater: $350
Attic Insulation or Attic Air Sealing: $250
Duct Sealing: $100
Variable-Speed Pool Pumps: $300

Incentive Type: Performance-Based Incentive

Website: ncgreenpower.org

Incentive Amount:

Varies by technology and system size
PV larger than 5 kW: must enter bid process
Wind up to 10 kW: $0.09/kWh
Wind larger than 10 kW: must enter bid process

Incentive Type: Loan Program

Incentive Type: Green Building Incentive

Incentive Amount:

Authorized by legislation for green buildings. Actual permit process to be determined by local government.

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 Greensboro

The purchase price and effectiveness of solar panels often rely on which company installed them. Consider all of these elements in your company search.

Licensing and Training

A licensed electrical contractor in North Carolina may direct home solar photovoltaic installations in North Carolina if they have the relevant classification from the North Carolina State Board of Examiners of Electrical Contractors. Check for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar industry's most respected trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Greensboro

Your solar panels' style will impact how much electricity you can produce. Monocrystalline panels 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.

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

Generally speaking, it costs about $17,550 for a five-kilowatt solar array in Greensboro. This table lists more specific pricing information for different solar panel types and system components in your area.

Solar Panel CostAverage Cost
Solar Monocrystalline$980
Solar Polycrystalline$764
Thin-Film$447
Solar Battery$627
Solar Home EV Charger$2,351

Financing Solar Energy in Greensboro

Choosing the ideal financing plan will influence your overall solar system cost and expected savings. Common payment options include power purchase agreements, leases, cash payments, and loans. Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they save you from 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. Similar to a car or home loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a variable rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be appropriate in particular circumstances. Ask each company you're considering about the payment options it offers. A staff member 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 Greensboro.

You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.

Solar System CapacityEstimated Payback period
1 kW2.1 years
2 kW4.2 years
5 kW10.4 years
10 kW20.8 years

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Frequently Asked Questions About Solar in Greensboro

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

Most Greensboro homeowners spend about $1,322 on energy each year. Your costs could drop by $868.56 for each kilowatt you generate after you pay off a solar array.

Is solar energy widely available in Greensboro?

Yes, solar energy is readily available in Greensboro. A growing number of local homes already access solar power on-site or through utility grids, and North Carolina has about 6617 jobs forming its solar economy.

Should I anticipate a boost in my property value after going solar?

Yes, solar panels will boost your property value. According to the National Renewable Energy Laboratory, for every dollar you save 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 assess my site's solar suitability?

To determine your home's solar readiness, nothing substitutes for a comprehensive quote from a local solar provider. However, you can use the PVWatts tool for a simple solar viability prediction based on public data, including tree cover, local weather and topography, system size, and panel efficiency.

How many years will a common solar system last?

Today's solar systems are remarkably durable, lasting up to 25 years. Monocrystalline options and other high-end models tend to work longer than less expensive models.

What's the average solar system size in Greensboro?

The average Greensboro solar system size is 7.0 kilowatts (kW). However, your final system size depends on your family's power consumption. Your panel model, roof size, and surrounding shading could also impact your final result. A professional solar installer will consider these factors and determine the right array size for your home.

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

Even the most esteemed Greensboro solar companies will have both glowing and critical reviews. To make the most informed choice possible, focus on these signs to know if a company isn't worth your attention:
  • High-pressure sales tactics
  • Being evasive about references, training and credentials, cost and warranties
  • Inflexible options
  • Rushing through the site assessment
  • Limited customer feedback

How are a solar lease and PPA different?

Choosing a leasing option means your solar installer will handle panel maintenance while you make fixed monthly payments. Power Purchase Agreements differ slightly because you only pay for the electricity you produce.

You don't own the panels with either option, though you can choose to "buy out" of the contract for a fee.

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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