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Best 5 Solar Companies in Greenville, NC

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

Greenville homeowners experience 5,900,000 sunny days per year, making the city an excellent environment for solar panels. While embracing solar power comes with upfront costs, local homeowners could ultimately save $960 per kilowatt on their electric bills. A professional installation team can help you choose the best panels to maximize your savings. On this page, we'll highlight Greenville's best solar providers and offer insightful advice for your solar journey.

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 Greenville Solar Companies

Top Tier Solar Solutions Logo

Top Tier Solar Solutions

4.5/5
Based on 35 customer reviews.

Services Offered

Consultation Skilled Repairs Financing Assistance Residential Panels

Highlights

  • Informative resources
  • Free quotes
  • Reliable customer support
5305 Raynor Rd, Garner, NC 855-997-1213 toptiersolarsolutions.com
Emerald Energy Logo

Emerald Energy

4.7/5
Based on 110 customer reviews.

Services Offered

Commercial Panels Maintenance Battery Storage Residential Panels Financing Assistance Grid-Tied Solar System Ev Charger Consultation

Highlights

  • Clear pricing policy
  • Free quotes
  • Reliable customer support
3201 Wellington Ct Suite, 103, 103, NC 919-247-3670 emeraldenergync.com
8MSolar Logo

8MSolar

4.7/5
Based on 213 customer reviews.

Services Offered

Residential Panels Maintenance Battery Storage Consultation Tesla Powerwall Permit Assistance Commercial Panels Solar Panel Upgrades Skilled Repairs

Highlights

  • Reliable customer support
  • Free quotes
  • Informative resources
5112 Departure Dr, Raleigh, NC 919-948-6474 8msolar.com
Noon Solar Logo

Noon Solar

4.7/5
Based on 50 customer reviews.

Services Offered

Full-Service Consultation Maintenance Residential Panels Solar Panel Upgrades

Highlights

  • Informative resources
  • Reliable customer support
  • Free quotes
3915 Beryl Rd, Raleigh, NC 919-215-9662 noonsolar.org

Ranking Methodology

Our team has carefully researched dozens of solar providers near Greenville, concentrating on the following criteria:

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Facts about Greenville
Average Max Temp: 70°F
Solar Payback Period: 10.4 years
Average Daily Sunlight: 58%
Homes Powered by Solar: 11,796
Average Annual Energy Bill: $1,464
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 benefits. Here are some highlights.

  • Reduced carbon footprint: Embracing solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
  • Smaller power bills: Generating some or all of your own electricity will save you money on your electric bills long-term.
  • Better energy independence: Adding a battery storage system lets you have reliable energy during grid outages and storms.

What Solar Incentives Are Available to Greenville Homeowners?

North Carolina homeowners who decide on solar could qualify for tax credits, special financing, reimbursements and rebates. Here are just a few of the area's incentive programs.

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: 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: Rebate Program

Website: duke-energy.com

Incentive Amount:

Central A/C or Heat Pump: $300 - $400 + 50 with smart thermostat
Geothermal Heat Pumps: $400 + 50 with smart thermostat
Heat Pump Water Heater: $350
Attic Insulation & Air Sealing: $250
Duct Sealing: $100
Pool Pump: $300

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 Greenville

The more comprehensive your company research is, the better your solar system will ultimately work. Here are some important factors to consider while shopping for a solar installer.

Licensing and Training

A licensed electrical contractor in North Carolina may oversee home solar photovoltaic installations in North Carolina if they have the pertinent classification from the North Carolina State Board of Examiners of Electrical Contractors. You should also visit a company's website to learn about its private accreditations. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, awarded 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 Greenville

The type of solar panels you choose decides how much power you can produce. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.

Additional accessories, 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 contractor offers these extras, so look for a provider that sells them if it's crucial for you.

If you're a resident of Greenville and are considering getting a five-kilowatt solar energy system, you could expect to pay about $17,550 for parts and installation. See more information on specific component and panel costs in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,149
Solar Polycrystalline $896
Thin-Film $524
Solar Battery $735
Solar Home EV Charger $2,757

Financing Solar Energy in Greenville

There are various ways to pay for new solar panels, and the right one will help you decrease overhead. A few of the most common options include loans, leases, power purchase agreements (PPAs), and cash payments. Most solar experts recommend a cash payment 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 incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a home or auto loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a PPA lets you pay a variable rate based on only the energy you use. We generally don't recommend these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in certain circumstances. Ask each installer you're considering about the financing options it offers. A staff member can help you determine the most suitable option for your pocketbook.

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

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 rebates and financing plans that could reduce your total cost even more.

Solar System Capacity Estimated Payback period
1 kW 2.1 years
2 kW 4.2 years
5 kW 10.4 years
10 kW 20.8 years

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Frequently Asked Questions About Solar in Greenville

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

On average, Greenville homeowners shell out roughly $1,464 per year on electric bills. Once you repay your solar array, you could reduce your costs by $961.20 per kilowatt you produce.

Is solar energy common in Greenville?

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

Will solar panels increase my Greenville home value?

Yes, new solar systems lead to 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.

What if I live in a gloomy or rainy

Solar panels could still operate in cloudy conditions. Your contractor will position your panels to capture the most sunlight possible. They might also recommend a backup battery to keep your system functioning at its best.

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

Solar panels don't demand much maintenance to keep working well. All you'll need to do is inspect and clean the panels every six months or as necessary in dusty seasons. Solar providers frequently offer maintenance packages to assist in your system's care.

What is the average payback period for Greenville solar panels?

Most Greenville homeowners pay back a solar loan in 12.8 years. You can shorten the payback period by paying off extra loan principal each month.

How can I boost my solar array's performance?

To enhance your solar system's performance, you can try 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

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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