Best 5 Solar Companies in Sherman, TX

Sherman homeowners are fortunate to live in plentiful sunlight, both to enjoy and harness as energy. Many are hiring top solar installers to get panels on their roofs. While embracing solar power comes with upfront costs, local homeowners could ultimately save $1,100 per kilowatt on their electric bills. A professional installer can help you choose the best panels to maximize your savings. Discover Sherman's top-rated solar companies and learn key decision-making strategies on this page.

Ranking Methodology

Our team has carefully researched dozens of solar providers near Sherman, emphasizing the following criteria:

• Educational programs and business model: Solar technicians must be knowledgeable. They should tap into their years of experience address your questions on how to look after your system and maximize its performance.
• Service offerings and warranties: Solar contractors should stand behind their equipment and services with warranties. We evaluated how each installer responds to issues and warranty claims, focusing on promptness and customer happiness.
• Professional licenses and credentials: Each contractor on our list meets state and city licensing requirements and keeps current with industry best practices. Many of them have been a part of the Sherman community for over 15 years.
• Panel quality and brand offerings: The leading solar companies keep up with new technology, providing equipment from innovative, dependable manufacturers.
• Feedback and reviews from customers: Most Sherman solar installers have both positive and critical reviews. However, a good review ratio demonstrates a company's reliability and responsiveness to issues.

Benefits of Solar Energy

Solar energy offers multiple advantages. Here are some highlights.

• Smaller power bills: Generating some or all of your own electricity will save you money on your electric bills long-term. Plus, some states offer net metering programs that make it possible for you to sell your unused energy back to the grid, generating additional credits toward your energy bill.
• Reduced carbon footprint: The sun is a highly abundant clean energy source, meaning you can reduce or eliminate your home's dependence on fossil fuels.
• Better energy independence: Solar energy can keep your home powered through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with an optional battery backup system.

What Solar Incentives Are Available to Sherman Homeowners?

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

How To Choose the Best Solar Company in Sherman

Choosing a company is the first step toward a well-oiled and valuable solar array. Consider all of these criteria in your contractor search.

Licensing and Training

All solar energy companies in Texas must have a state electrical contractors' license from the Texas Department of Licensing and Regulation. The Texas State Board of Plumbing Examiners regulates plumbing regulations and licensing standards for solar thermal installers. Solar providers can also pursue certifications from trade groups and standards organizations. The most respected ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Sherman

The type of solar panels you select dictates how much power you can produce. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.

You can also add electric car (EV) chargers and battery backup systems. These will increase your total installation cost, but they can increase your solar system's efficiency. Not every solar provider offers these additional features, so look for a contractor that sells them if it's a priority for you.

You can plan to spend about $16,650 on average for a five-kilowatt solar energy system in Sherman. Check the table in this section to get an idea of what amount Sherman solar companies might quote for your specific solar system's price.

Financing Solar Energy in Sherman

Solar contractors use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar leases, cash payments, power purchase agreements (PPAs) and solar loans. Though it requires a large up-front payment, cash is the most cost-effective choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the next best 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 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 don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in certain circumstances. Ask each installer you're considering about the payment plans it offers. A staff member can help you determine the most suitable option for your budget.

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

The IRS allows you to claim a 26% federal tax credit for solar panels on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own financing programs, incentives, and rebates that could save you more money.

Sources

• U.S. Centers for Disease Control and Prevention (CDC)
• National Renewable Energy Laboratory (NREL)
• U.S. Department of Energy