Best 10 Solar Companies in Lewisville, TX

Lewisville homeowners are increasingly using solar panels to generate energy and heat their water. While embracing solar power comes with upfront costs, local homeowners could ultimately save $860 per kilowatt on their electric bills. A professional technician can help you select the best panels to maximize your savings. In this article, we'll showcase Lewisville's best solar providers and offer advice for your company choice, so you can find the right one for your home.

Ranking Methodology

Our team focuses on the following criteria to assess the best Lewisville solar companies.

• Panel quality and brand offerings: The top solar companies stay up-to-date with new technology, offering equipment from cutting-edge and trustworthy manufacturers.
• Educational approach and support: Solar technicians must be excellent teachers. They should utilize their years of experience answer your questions on how to maintain your system and improve its performance.
• Professional licenses and credentials: Each company 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 Lewisville community for more than a decade.
• Feedback and reviews from customers: Most Lewisville solar providers have both favorable and unfavorable reviews. However, a good review ratio reflects a company's reliability and responsiveness to issues.
• Warranty and service offerings: Solar contractors should stand behind their products and services with warranties. We evaluated how each installer responds to issues and warranty claims, focusing on promptness and customer happiness.

Benefits of Solar Energy

Solar energy offers numerous advantages that will enhance your home for years to come.

• Better energy independence: Solar energy can keep your home powered through emergencies and blackouts. You can use your solar energy anytime with an optional battery storage system.
• Lowered energy bills: With solar panels, you produce power without paying the tacked-on costs of grid-connected power. You can eliminate your bills completely if you go off-grid. Plus, a significant number of states have adopted net metering, which permit you to earn money by selling your unused energy back to the grid.
• Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.

What Solar Incentives Are Available to Lewisville Homeowners?

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

How To Choose the Best Solar Company in Lewisville

The more thorough your company research is, the better your solar installation will ultimately operate. Consider each of these aspects 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 installers can also pursue certifications from standards organizations and trade groups. The top 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 Lewisville

The style of solar panels you select determines 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 the best for large residential installations, but they are excellent accessories for non-traditional roofs.

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

Most Lewisville homeowners opt for solar systems rated for five kilowatts (kW) of electrical capacity. These systems run about $16,650 to set up, considering both materials and labor. You can find more specific solar cost information in the table.

Financing Solar Energy in Lewisville

Choosing the right financing option will affect your overall solar system cost and expected savings. Common payment options include cash payments, leases, loans, and power purchase agreements. 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 runner-up option. As with a car or home loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate determined by the energy you use, similar to an electric bill. We typically don’t recommend these two choices because you won't own the system and cannot use solar incentives. Look for contractors that offer two or more 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 Lewisville.

A 26% federal solar tax credit applies to new residential solar equipment purchased through 2032. Additional incentives may be available through local governments, usually in the form of rebates and special financing programs.

Sources

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