Best 5 Solar Companies in Greenville, NC

How To Choose the Best Solar Company in Greenville

The more informed your company research is, the better your solar system will ultimately perform. Here are some crucial criteria to remember while searching for a solar specialist.

Licensing and Training

A licensed electrical contractor in North Carolina may supervise home solar photovoltaic installations in North Carolina if they have the pertinent 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), one of the solar sector's most trusted trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Greenville

The kind of solar panels you purchase dictates how much energy you can generate. Monocrystalline panels and high-quality and 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 meant for large home installations, but they're excellent for small projects like sheds and RVs.

You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can improve your solar system's efficiency. Not every solar company offers these optional components, so look for a contractor that sells them if it's essential for you.

A majority of Greenville homeowners select solar systems designed for five kilowatts (kW) of electrical capacity. These systems run about $17,550 to install, considering both parts and installation. You can find more specific solar cost information in the table.

Financing Solar Energy in Greenville

There are a plethora of ways to pay for a new solar system, and the right one will lower your costs. A few of the most common options include leases, cash payments, power purchase agreements (PPAs), and loans. Though it requires a large up-front payment, cash is the most affordable choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the second most effective option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for cost-saving solar incentives, and depending on your lender, you could put 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, much like 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 contractors that offer multiple payment plans to find the right fit for your wallet.

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

You can claim a 26% federal solar 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.