3 Best Solar Companies in Greenwood, AR (2024 Reviews)
We analyzed over 1500 solar companies in the nation,
and have selected the top 3 in Greenwood based on:
Customer review scores- Service area for Greenwood, AR
- Company policies and services offered
- Accreditations and certifications
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Average Greenwood homeowner saves $1,326/year with solar panels
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Best Solar Companies in Greenwood
Looking to go solar but want to know which company would be best for you? Although it can be difficult to choose a solar company, the effort will pay off because going solar has many great benefits. Installation costs can be high, but switching to solar will save you money on your power bills over many years. In fact, you can expect to save about $16,000 over 20 years.
In this article, we’ll help you find the best companies in your area.For an idea of how much you would have to pay to install a solar panel system on your roof, you can get a free, no-obligation quote from one of the top solar companies in Greenwood by clicking the "get quote" button below.
EcoWatch Rankings for Solar Companies in Greenwood
Peak Power Solar
Clear Pricing Policy- Informative Resources
Limited information available on website
Services Offered
Panel Installation- Battery Storage
Perihelion Solar
- Free Quotes
- Clear Pricing Policy
- Reliable Customer Support
- Limited information available on website
Services Offered
- Skilled Repairs
- Off-Grid Solar Systems
- Battery Storage
- Panel Installation
- Grid-Tied Solar System
EightTwenty - Fayetteville
- Free Quotes
- Reliable Customer Support
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Panel Installation
Methodology: How We Ranked the Best Solar Companies in Greenwood
EcoWatch's solar experts analyzed each solar company in Greenwood based on criteria such as its reputation in the industry, customer reviews, services, warranty coverage and financing. Using this solar methodology, we used the data we collected to rate and rank each company and narrow down our picks for the best solar companies in Greenwood
Below are some the criteria we examined specifically for Arkansas solar companies
- Brand reputation and certifications (20%): We take each company's Better Business Bureau (BBB) score into consideration, as well as how long the installer has been in business (at least 5 years is required, 10 preferred) and what type of solar certifications it holds.
- Customer reviews (20%): Trust is a top priority at EcoWatch, so we take customer experience under close consideration. We scour different review sites and customer testimonials when ranking our top solar companies, checking sites such as Trustpilot and Google Reviews. We also consider any potential complaints or lawsuits filed against these companies and award or remove points accordingly.
- Warranty (20%): A company earns a perfect score in this category if it offers 25-year warranties that cover performance, product and workmanship. The industry standard that we measure companies against is 25-year product and performance warranties, along with a 10-year workmanship warranty. We also look closely into the track record of the post-installation support each company provides in terms of honoring its contracts
- Solar services (10%): All of the companies we review install solar panels, but we award companies higher points if they offer additional services for customers, like battery installation, energy-efficiency audits, and EV chargers.
- Pricing and financing (10%): It's hard to get exact quotes for solar projects, but we use marketplace research to determine how each company prices its equipment and installation services. Additionally, companies that offer more help for panel financing — like in-house loans, leases, or PPAs — score higher than those that don't.
- Availability (10%): The bigger the service area, the higher the company will score.
- Transparency and accessibility (5%): Solar installers that offer free consultations and easy contact methods score higher in this category.
- Environmental, social and corporate governance factors (5%): A company earns a perfect score in this category if it offers public data disclosure, addresses end-of-life (EOL) products or processes, and demonstrates a commitment to uplifting the communities that it serves.
The Cost and Benefits of Solar in Greenwood
For many readers, the decision of which solar installer to hire comes down to total costs.Some significant things that affect how much it will cost and how much you could save include:
- Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 0 of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $16,000 over 20 years on your energy bills.
- How much power your household consumes: Homes that consume a lot of energy each month may require more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
- Your income and budget: This shapes what kind of solar panels you can afford.
- How much energy costs for you: If your local utility rates are quite high, there's a better chance you'll have a higher return on your investment in a solar panel system. In Greenwood, you can save an average of $1,097 a month on your electricity bills.
There are several wonderful benefits of solar even with the initial cost of installation. It can help the environment and your finances. Plus, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.
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Solar Incentives in Greenwood
Switching to solar power has lots of considerable benefits. Not only can it help protect the environment, but you can also save some money on your installation with various government incentives.These incentives mostly take the form of cash rebates, tax breaks and/or performance-based incentives. They can reduce the cost of installing solar panels by 0, upwards of 50% depending on where you live. Our article on solar incentives has more detailed information on the incentives you can benefit from in Greenwood.
Environmental Impact of Switching to Solar in Greenwood
There are a few big reasons why homeowners want to invest in solar energy: for the good of their bank accounts and the planet.A question many might be asking themselves is how much can they really help the environment by going solar anyway? The more energy you use, the better off the planet will be if you switch to solar since you won’t have to burn as many fossil fuels.Because solar panels don’t release CO2 emissions into the atmosphere when generating electricity, they’re a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 70 pounds each year. The perks of solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.
EcoWatch's Greenwood, AR Solar Company Rankings FAQs
What is the most reputable solar installer in Greenwood?
In Greenwood, Peak Power Solar is the best local solar company. Our team of experts rates it 3.00 stars, so it's a solid choice if you're looking to install solar panels on your home.
What is the negative environmental impact of solar panels?
Solar panels can be bad for the environment when manufacturers use toxic chemicals in the manufacturing process. Chemicals can make solar panels difficult to recycle safely once they’ve reached the end of their lifespan. Solar panel manufacturing needs a lot of energy as well. The energy payback period is about 1 to 4 years.
How long does it take for solar to pay for itself?
The average payback period for solar panel installation is about 14.7 years, but the exact period varies depending on the cost of electricity where you are, incentives and net metering programs.
How long do solar panels last?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.