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5 best solar companies in New Albany, Indiana
Josephine NesbitHome improvement writer
Josephine Nesbit is a contributing writer for USA TODAY Homefront. She specializes in home impr...
Updated Jun 22, 2024
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We've ranked the top 5 solar companies that operate within 50 miles of New Albany. We base our ranking off average customer ratings weighted against the number of reviews. For more information, check out our full methodology.
High-quality solar panel installation in New Albany, Indiana requires you to hire a solar installer with proper certification, expertise and experience. We've created a list of the best solar companies in New Albany to help you choose the perfect installer.
Before choosing an installer, request referrals, evaluate potential installers and request multiple quotes to find the ideal company for your needs. You can find a local solar company in New Albany or pick an established national brand.
- Extends 25-year manufacturer’s warranty
- Provides solar panel and battery installation
- Offers comprehensive financing
Even though solar panels need a big initial investment, you can lower your energy bills in the long term by making the transition. According to the U.S. Energy Information Administration (EIA), adopting solar energy enables New Albany homeowners to save a yearly average of around $1,600.
Different solar companies provide different products. Take the time to look at each company and get quotes from all before scheduling your solar panel installation.
Find the top solar company for you in New Albany
Search for New Albany solar companies that have at least 3.5 out of 5 stars based on customer feedback on Google Reviews and comparable sites. Make sure the company has a favorable rating on Better Business Bureau (BBB) when choosing a solar company.
You should look through past customer reviews to get insight into other homeowners' thoughts about the company. Keep an eye out for repeated negative feedback as a potential red flag.
Solar by Ecos
Services offered
Highlights
- Clear pricing policy
Redemption Solar and Roofing
Services offered
Highlights
- Free quotes
- Informative resources
EightTwenty - Charlestown
Services offered
Highlights
- Clear pricing policy
Solar Energy Solutions
Services offered
Highlights
- Clear pricing policy
Daily Green Power - Solar Panel Installation Company
Services offered
Highlights
- Clear pricing policy
What are the biggest reasons for going solar in New Albany?
Regions with inconsistent sunshine, including those with extra rain or clouds like New Albany, can still benefit from solar energy. A few key motivations to go solar include these:
- Reduce environmental impact: Transitioning to solar decreases your carbon footprint by conserving fossil fuels that would instead be utilized to power your house. The Environmental Protection Agency (EPA) indicates that generating electricity is a large source of greenhouse gas emissions.
- Save on energy bills: Switching to solar enables you to reduce your energy bills. Electricity from solar panels works in place of the utility-supplied power you'd normally buy.
- Charge an electric vehicle: You can charge electric vehicles at home using solar panels. This provides the greatest assurance that your electric car is operating on clean, renewable energy.
Facts about New Albany
Monthly Energy Spending Per Capita
Clear Sky Days Per Year
Annual Solar Savings Per kW
How much does it cost to install solar panels in New Albany?
Per a survey we did in October 2023, the typical cost of upgrading to solar panels across the country is $11,743.
The cost of installing solar panels varies based on several factors, including your location, sunlight access, roof orientation, shading, system size and labor. Be ready to pay extra if you choose any accessories like animal guards, solar trackers or batteries.
Based on statistics from the EIA, the Bureau of Labor Statistics (BLS) and NASA the typical price to install solar panels in New Albany is $24,833.
How much can you save by going solar in New Albany?
Putting in solar panels requires considerable spending upfront, but you can recoup those costs through big reductions in your energy bills down the line.
Money savings in New Albany from going solar
Homeowners in New Albany who move completely to solar energy can expect to save money. However, it takes time to recoup the initial investment, and things such as rainfall and tree coverage impact the time it takes to see returns on your investment in solar panels.
- Payback period: The average payback period is the time it takes for a solar energy system to recoup its initial cost. The payback period in New Albany is approximately 15 years, according to our calculations, which are based on data from the Database of State Incentives for Renewables and Efficiency (DSIRE), the EIA and NASA.
- Annual solar savings in New Albany: Homeowners in New Albany typically save an average of $1,596 per year by switching to solar energy, based on our findings using data from NASA, the Department of Energy and the EIA.
- Average total solar savings after 25 years: Based on our data from NASA and the EIA, if you make the full switch to solar energy, you can expect to save around $23,679 over a 25-year period.
Energy savings in New Albany from going solar
Not only does transitioning to solar save you money, but it also reduces your carbon footprint and its impact on the environment. Below are estimated CO2 emission reductions you can expect from going solar, according to our calculations based on data from NASA and the EPA.
- CO2 emissions reduced per year: 90 lb/MWh
- CO2 emissions reduced over 25 years: 2250 lb/MWh
Best solar installation for you
Experts Ready to Help
What solar incentives are available in New Albany?
A variety of solar incentives are available to New Albany homeowners. Certain programs are available to all Indiana residents, whereas others change by municipality, city and utility company.
Per the DSIRE, these are the solar incentives offered to Indiana residents:
| Name / Incentive Type | Incentive Amount/Details |
|---|---|
Property Tax Incentive Renewable Energy Property Tax Exemption | 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 |
Rebate Program Noble REMC - Residential Energy Efficiency Rebate Incentives | 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 |
Feed-in Tariff NIPSCO - Feed-In Tariff | 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 |
Rebate Program Duke Energy - Residential and Builder Energy Efficiency Rebate Program | 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 |
Rebate Program Clark County REMC - Energy Efficiency Rebate Program | Heat Pumps: $750 - $1500 Geothermal Heat Pumps: $1500 Refrigerator/Freezer Recycling: $50 per unit LED: 75% of cost |
Rebate Program Harrison County REMC - Residential Energy Efficiency Rebate Program | Air-Source Heat Pump or Ductless Mini-Split Heat Pump Replacing heating systems that used 100% electric resistance heat: $750-$1,450 Air-Source Heat Pump or Mini-Split System replacing any heating system other than 100% resistance heat: $700 Dual Fuel Heat Pump: $1,000 Geothermal Heat Pump: $1,450 Water Heating: $500 |
Personal Tax Credit Federal Residential Renewable Energy Tax Credit | 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. |
What are common factors to consider before hiring a New Albany solar installer?
Consider these questions before hiring a professional solar panel installation company.
What size system do you need?
The size of your system is determined by your household’s energy consumption and the solar panel system's production ratio. Larger households typically use more energy and may require a bigger setup. If the system isn’t large enough, it might fail to generate enough energy to power your entire house.
Is your home subject to specific permits and regulations?
Your solar plans may be impacted by specific permits and state or local laws. You must get proper permits through your local building department and schedule an inspection.
Does your home get enough sunlight access?
Not all residences get similar amounts of sunlight. Local tree coverage, rain levels and severe weather can impact sunlight access. If your home doesn't get sufficient sun, it may require more panels with higher wattage.
Do you need a solar battery?
A solar battery enables the storage of extra power in solar panel systems. This is especially useful when you're trying to prevent power loss under cloudy skies. The addition of battery storage might bump up the cost of installation.
Which type of solar panel do you want?
Several solar panel varieties are available, each differing in design, life expectancy and efficiency. These factors affect pricing, the rate of panel replacement and space taken on your roof.
Our methodology for selecting solar companies
The Homefront Local team employs a proprietary scoring algorithm that evaluates companies based on key factors you value, such as average customer review ratings and trustworthiness indicators. Our method for determining trust involves a comparative analysis of the number of reviews a company receives compared to its local competitors. This leads to companies that have earned more trust from your local community being awarded a higher score.
We review national and large regional solar providers against our full methodology. We score solar companies on reputation and customer reviews, service options, payment, financing and warranties.
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