13 Best Solar Companies in Richmond, IN (2024 Reviews)
We analyzed over 1500 solar companies in the nation,
and have selected the top 13 in Richmond based on:
Customer review scores- Service area for Richmond, IN
- Company policies and services offered
- Accreditations and certifications
Please enter a valid 5-digit zip code!
Average Richmond homeowner saves $1,424/year with solar panels
Why you can trust EcoWatch
Best Solar Companies in Richmond
As a homeowner in Richmond, you may be considering switching to solar power and wondering about the best solar companies in your area. Solar could be a good idea since it has many perks. While solar is a sizable investment, you’ll be able to make that money back and then some, all while doing your part for the environment. In fact, you could look forward to saving about $17,000 over 20 years.
Here, we’ll make a list of some of the top solar companies in Richmond to make your decision much easier.If you’d like to get free, no-obligation quotes from the best Richmond solar companies, you can click the button below to learn more.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch Rankings for Solar Companies in Richmond
Solar Energy Solutions
Informative Resources- Free Quotes
Limited information available on website
Services Offered
Tesla Powerwall- Financing Assistance
- Battery Storage
- Panel Installation
OGW Energy Resources
- Free Quotes
- Clear Pricing Policy
- Reliable Customer Support
- Informative Resources
- Limited information available on website
Services Offered
- Permit Assistance
- Panel Installation
- Battery Storage
- Consultation
- Financing Assistance
Raiden Electric
- Reliable Customer Support
- Prompt Service Delivery
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Consultation
- Skilled Repairs
- Cleaning and Maintenance
- Panel Installation
- Financing Assistance
Sustainergy Cooperative
- Reliable Customer Support
- Free Quotes
- Informative Resources
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Battery Storage
- Financing Assistance
- System Decommissioning
- Panel Installation
Icon Solar
- Informative Resources
- Clear Pricing Policy
- Reliable Customer Support
- Free Quotes
- Limited information available on website
Services Offered
- Panel Installation
- Permit Assistance
- Battery Storage
- Cleaning and Maintenance
- Grid-Tied Solar System
- Tesla Powerwall
- Financing Assistance
Solar Power & Light, LLC.
- Reliable Customer Support
- Free Quotes
- Clear Pricing Policy
- Informative Resources
- Limited information available on website
Services Offered
- Battery Storage
- Panel Installation
- Skilled Repairs
- Cleaning and Maintenance
- Financing Assistance
TGE Solar
- Clear Pricing Policy
- Informative Resources
- Reliable Customer Support
- Free Quotes
- Limited information available on website
Services Offered
- Consultation
- Panel Installation
MasterRoof Solar Panels
- Reliable Customer Support
- Informative Resources
- Free Quotes
- Clear Pricing Policy
- Limited information available on website
Services Offered
- Consultation
- Skilled Repairs
- Panel Installation
- Permit Assistance
- Financing Assistance
- Grid-Tied Solar System
- Cleaning and Maintenance
Village Solar Co
- Free Quotes
- Informative Resources
- Reliable Customer Support
- Limited information available on website
Services Offered
- Battery Storage
- Panel Installation
- Cleaning and Maintenance
Paff Electric & Solar
- Reliable Customer Support
- Limited information available on website
Services Offered
- Panel Installation
- Solar Panel Upgrades
- Financing Assistance
- Skilled Repairs
- Battery Storage
- Cleaning and Maintenance
Solgen Power
- Reliable Customer Support
- Prompt Service Delivery
- Free Quotes
- Informative Resources
- Limited information available on website
Services Offered
- Panel Installation
- Consultation
- Permit Assistance
- Financing Assistance
Cincy Solar Systems
- Free Quotes
- Clear Pricing Policy
- Reliable Customer Support
- Limited information available on website
Services Offered
- Cleaning and Maintenance
- System Decommissioning
- Panel Installation
- Off-Grid Solar Systems
- Skilled Repairs
- Consultation
- Battery Storage
Rocknoll Energy Systems
- Clear Pricing Policy
- Informative Resources
- Reliable Customer Support
- Limited information available on website
Services Offered
- Financing Assistance
- Off-Grid Solar Systems
- Panel Installation
- Battery Storage
Methodology: How We Ranked the Best Solar Companies in Richmond
EcoWatch's solar experts analyzed each solar company in Richmond 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 Richmond
Below are some the criteria we examined specifically for Indiana 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 Richmond
For many people, the decision of which solar company to choose comes down to pricing.The cost of solar and the savings it generates vary depending on some important factors such as:
- Incentives: The federal solar investment tax credit currently lets you lower your taxes by 0 of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. In addition, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.
- Electricity consumption: The average household in Richmond uses a lot of energy, and so may see more savings on electricity bills than other places.
- Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.
- System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a solid investment for many homeowners.
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Solar Incentives in Richmond
In an effort to increase solar panel installation and usage, incentives are offered by the government – and even some utility companies – to help make solar power more affordable and accessible.In addition to the federal solar investment tax credit, there are also some state- and city-level benefits, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. For comprehensive information about local incentives, check out our article on solar incentives.
Environmental Impact of Switching to Solar in Richmond
Installing solar panels can have a positive impact on the environment.A question many might have in mind is how much can they really help protect the environment by going solar anyway? The average person has a substantial carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to figure out what to do. Using solar power is a simple thing you can do to help.In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many people have been happy with using solar energy.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Richmond, IN Solar Company Rankings FAQs
Which solar installation company is the best near me?
In Richmond, Solar Energy Solutions is the top local solar company. Our team of experts rates it 3.00 stars, so it's a good choice if you're planning to add solar panels to your house.
What is the negative environmental impact of solar panel manufacturing?
Solar panels can be detrimental for the environment when manufacturers use toxic chemicals in the construction. Chemicals can make solar panels difficult to dispose of safely once they’ve reached the end of their lifespan. Solar panel manufacturing uses a lot of energy as well. The energy payback period is about 1 to 4 years.
How long does it take to see a return on your investment after getting solar panels?
Solar panels generally pay for themselves in about 16.1 years, but your solar payback period will vary based on your utility costs. The higher your typical electricity bill, the faster your solar panel system will pay for itself.
When should I put up solar panels?
Despite summer being the most common time people install solar panels, the best time is actually winter. You can save money since there's less demand during the winter months, and it allows you to be up and running with solar for the more expensive power bills you may get during the summer.
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.