Best 4 Solar Companies in Fishers, IN
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Fishers homeowners are lucky to live in abundant sunlight, both to appreciate and use for energy. Many are working with top solar companies to get panels on their roofs. If you're considering going solar, you might be concerned about high prices or long payback periods. By collaborating with a experienced installer, you'll have both the financial and operational support you need for a successful transition. On this page, we'll show you Fishers' top solar installers and provide insightful advice for your solar journey.
4 Best Solar Companies in Fishers
Brands are algorithmically curated from a database of local service providers near you. We require a minimum number of Google reviews and average ratings for provider inclusion.
![Blue Raven Solar Logo](https://whoapro.io/cdn-cgi/image/width=384,quality=75,format=avif/https://thisoldhouse.jppadmin.com/wp-content/uploads/sites/10/2022/05/Blue_Raven_Logo-removebg-preview-e1652215204611.png)
Blue Raven Solar
Ratings are based on our detailed proprietary methodology and review standards.
Based on 311 reviews
Bone Dry Solar
Ratings are based on our detailed proprietary methodology and review standards.
Based on 35 reviews
![Solar Energy Solutions Logo](https://whoapro.io/cdn-cgi/image/width=384,quality=75,format=avif/https://d3dnbtekrx9gtc.cloudfront.net/solar-energy-solutions-883803.webp)
Solar Energy Solutions
Ratings are based on our detailed proprietary methodology and review standards.
Based on 19 reviews
![Green Alternatives Inc. Logo](https://whoapro.io/cdn-cgi/image/width=384,quality=75,format=avif/https://d3dnbtekrx9gtc.cloudfront.net/green-alternatives-inc-482374.webp)
Green Alternatives Inc.
Ratings are based on our detailed proprietary methodology and review standards.
Based on 19 reviews
Ranking Methodology
We assessed a multitude of Fishers solar installers, using the following criteria to determine the superior:
- Warranty and service offerings: Solar installers 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.
- Educational approach and support: Solar technicians must be excellent teachers. They should tap into their years of experience address your questions on how to care for your system and optimize its performance.
- Reviews and feedback from customers: Most Fishers solar providers have both positive and critical reviews. However, a good review ratio shows a company's reliability and responsiveness to issues.
- Certifications and licenses: Each company on our list complies with state and city licensing requirements and keeps current with industry best practices. Many of them have been a part of the Fishers community for over 15 years.
- Panel brands and quality: The premier solar companies remain current on new technology, providing equipment from innovative, dependable manufacturers.
Facts about Fishers
- Average Max Temperature:60°F
- Solar Payback Period:16 years
- Average Daily Sunlight:52%
- Homes Powered by Solar:975
- Average Annual Energy Bill:$1,290
- Solar Power per Capita:22.2%
Benefits of Solar Energy
Solar energy offers numerous advantages that will enhance your home for years to come.
- Better energy independence: Adding a battery backup or storage system lets you have trustworthy energy during storms and grid outages.
- Reduced carbon footprint: Using clean solar power lowers your dependence on conventional, less environmentally-friendly sources.
- Lowered energy bills: With solar energy systems, you generate 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.
What Solar Incentives Are Available to Fishers Homeowners?
Indiana homeowners who choose solar could qualify for special financing, tax credits, reimbursements and rebates. Here are just a few of the local incentive offerings.
Incentive Type:Property Tax Incentive
Website:https://www.in.gov/dlgf/deductions-property-tax/
Incentive Amount:
Solar energy systems used for heating or cooling: out-of-pocket expenditures by the owner for the components and labor
Wind, hydroelectric, geothermal, solar thermal, solar PV, and other solar energy systems: the assessed value of the system
Incentive Type:Rebate Program
Website:https://www.powermoves.com/your-home/applications/
Incentive Amount:
Dual Fuel Heat Pump: $500
Pool Pumps: $250/unit
Heat Pump Water Heaters: $400/unit
Air-Source Heat Pumps: $250 - $1,500/unit
Geothermal Heat Pumps: $1,500/unit
Incentive Type:Rebate Program
Incentive Amount:
Dual Fuel Heat Pump: $500
Variable Speed Pool Pump: $250
Air-Source Heat Pump: $250-$750
Ground Source Heat Pump: $1500
Heat Pump Water Heater: $400
Incentive Type:Feed-in Tariff
Incentive Amount:
Wind 3 - 10 kW: $0.23 - $0.25/kWh
Wind 10 kW-200 kW: $0.15 - $0.138/kWh
Solar 5 kW - 10 kW: $0.17 - $0.1564/kWh
Solar 10 - 200 kW: $0.15/kWh - $0.138/kWh
Biomass 100kW - 1 MW: $0.0918/kWh
Incentive Type:Rebate Program
Website:http://www.duke-energy.com/indiana/savings/smart-saver.asp
Incentive Amount:
HVAC Install (Heat Pumps, Geothermal Heat Pumps, Central Air Conditioners): $300 - $400/unit with additional $125 if installed along with a smart thermostat
Heat Pump Water Heater: $350
Attic Insulation and Air Sealing: $250/unit
Duct Sealing: $100/unit
Variable Speed Pool Pump: $300
Incentive Type:Rebate Program
Website:https://www.electricideas.com/home/home-energy-products-program/
Incentive Amount:
Wi-Fi/Smart Thermostat: $50-$100
Air Source Heat Pump: $100 - $200/ton
Ductless Heat Pump/Mini Split: $80 - $285/ton
Geothermal Heat Pump: $120-$240/ton
Packaged Terminal Heat Pump: $100-$250
ECM Furnace Fan Motor: $100
Heat Pump Water Heater: $350
Variable Speed Pool Pumps: $200
Dehumidifier: $25
Incentive Type:Personal Tax Credit
Website:https://www.ecowatch.com/solar/ev-appliance-solar-tax-credit-calculator
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 Fishers
The cost and effectiveness of solar panels often rely on the provider that mounted them. Make your choice based on the following important considerations.
Licensing and Training
In Indiana, there are no electrical or solar contracting licenses at the state level, but cities and counties might adopt their own licensing programs. Solar companies can also pursue certifications from standards organizations and trade groups. The top ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Fishers
The type of solar panels you choose dictates how much power 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 recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can boost your solar system's performance. Not all solar providers include these add-ons, so look for a company that installs them if it's a priority for you.
If you're a resident of Fishers and are considering getting a five-kilowatt solar energy system, you could plan to spend about $20,500 for materials and labor. Find more information on specific component and solar panel costs in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,153 |
Solar Polycrystalline | $899 |
Thin-Film | $526 |
Solar Battery | $738 |
Solar Home EV Charger | $2,766 |
Financing Solar Energy in Fishers
Solar companies offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are cash payments, solar loans, solar leases and power purchase agreements (PPAs). We advise making a cash payment or securing a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to minimize your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to use your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We advise working with a contractor that offers multiple financing options. Speak with each salesperson about what's available, and secure more than one estimate for the best odds of staying within your spending limits.
The table below lists the average payback periods for different capacities of solar systems in Fishers.
The IRS allows you to claim a 26% federal tax credit for solar panels on total system costs, so long as you purchase it before 2032. Municipal authorities and utilities might also offer their own incentives, rebates, and financing programs that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.1 years |
2 kW | 4.1 years |
5 kW | 10.4 years |
10 kW | 20.7 years |
Frequently Asked Questions about Solar in Fishers
Most Fishers homeowners spend about $1,290 on energy each year. Your costs could drop by $870.18 for each kilowatt you generate after you pay off a solar array.
Yes, solar energy is spreading quickly in Fishers. Some homes already generate solar power on-site or through utility grids, and they're backed by a state solar economy with 3600 job opportunities and counting.
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.
One common way to determine your home's solar viability is by using PVWatts. This powerful free tool considers tree cover, local weather and topography, system size, and panel efficiency to determine how much electricity your array could generate. However, it's not a substitute for consulting with a solar expert, who can build a full estimate with the most updated data.
Today's solar installations are impressively durable, lasting up to 25 years. Monocrystalline options and other top-tier models tend to last longer than less expensive models.
The average payback period for a solar loan in Fishers is 16.5 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.
Most utilities and states provide net metering programs, and some require homeowners to join. Once you sign up, you can get a check or bill credit for any surplus electricity you produce and send to the grid. Generally, power companies reimburse solar homeowners at a wholesale or "avoided-cost" rate.
A PPA is a contract between you and your contractor. They install, own, and maintain the panels, and you buy the generated electricity from them for 10–25 years. There will usually be options to extend the agreement and buy out early to own your system.
In contrast, solar loans can come from the government, installer, specialty lenders and local banks. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for taking care of the system, you'll also have total ownership and can apply for many more benefits.
Sources
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