- South Dakota offers great incentives for switching to solar energy.
- The Rural Energy for America Program provides loan financing and grants for the development of renewable energy systems in South Dakota.
- The top solar companies in South Dakota include GenPro Energy Solutions, Midwest Solar, Black Hills Solar, and Lakota Solar Enterprises.
- GenPro Energy Solutions has the lowest average cost, while Lakota Solar Enterprises is a good choice for dealing with local policies.
- Payment options for solar energy systems in South Dakota include cash, solar loans, and leasing from a solar company.
When considering a switch to solar energy in South Dakota, it’s crucial to fully understand all your options because investing in solar panels is a big investment. South Dakota has great incentives for switching to solar energy, some of the best solar energy companies in the U.S. are located there.
While great companies are offering solar energy solutions in South Dakota, the available options to choose from may be limited.
The Solar Energy Industries Association (SEIA) estimates less than ten solar energy companies in the state, in this article we’ll discuss the 4 best solar companies in South Dakota to save you money.
Incentives for Solar Energy in South Dakota
Switching to solar energy has a lot of benefits, apart from saving you money it’s also a green energy source. Different states have different incentives, since South Dakota wants to keep growing their solar energy base they have really good incentives to consider.
Residential Clean Energy Credit
One of the best incentives that South Dakota residents have is Residential Clean Energy Credit. This credit offers a 30% return in tax credits for the entire cost of your new solar panels. The incentive for this tax credit will drop to 26% in 2033 and will probably keep dropping more rapidly as solar energy becomes more popular in South Dakota.
South Dakota Property Tax Exemption
This incentive offers a local property tax exemption for a renewable energy system that is 5MW or less. It continuously exempts the first $50,000 or 70% of the assessed value of the solar system from real property taxes. The buyer will receive the incentive that offers the highest return.
Rural Energy for America
The Rural Energy for America Program (REAP) is an incentive administered by the US Department of Agriculture. They provide loan financing and grants to farmers and rural small businesses for the development of renewable energy systems.
Best Solar Companies in South Dakota
Once you’ve decided to switch to solar energy it’s time to find the best solar company in your area. However, it’s important to not only choose the highest-rated brand name but instead pick the best fit for you.
GenPro Energy Solutions
GenPro Energy Solutions is a solar energy company based out of South Dakota, more specifically Piedmont. They specialize in providing sustainable clean energy solutions including solar, wind, and energy systems.
GenPro Energy Solutions also offer system design, installation, maintenance, and project management. Therefore, there’s no need to reach out to 3rd party services since they handle everything in-house.
GenPro Energy Solutions pros include having NABCEP-certified technicians, providing competitive pricing, and offering various products and services. Some of the cons of choosing GenPro include having no option for leases or PPAs, and limited warranty coverage.
Midwest Solar is also a company based out of South Dakota, and they are located in Sioux Falls. They focus on designing and installing solar power systems in residential and commercial areas. Midwest Solar has a custom approach tailored to meet specific energy needs that their customers may have.
This solar energy company has a focus on promoting sustainable energy while helping its customer base reduce its carbon footprint. Some of Midwest Solar’s great features are its custom system designs, outstanding customer service, and reliable warranty coverage.
Some cons about Midwest Solar are they don’t do leases and they’re a pretty new company.
Black Hills Solar
Black Hills Solar focuses on serving its customer base in the black hills region of South Dakota. They on residential and commercial solar installations, with an emphasis on reliable, efficient, and clean solar energy.
Black Hills Solar offers services to help customers with system design, installation, and maintenance to ensure smooth sailing with them. Customers know this solar energy company for its grade-A customer service, extensive range of products and services, and NABCEP-certified technicians.
Lakota Solar Enterprises
Lakota Solar Enterprises is a Native American-owned solar energy company and they’re based out of the Pine Ridge Indian Reservation in South Dakota. This is a solar company that specializes in off-grid solar power systems. Lakota Solar provides renewable energy solutions to local Native American communities and people in remote locations.
Lakota Solar Enterprises has a mission and vision dedicated to empowering Native American communities by providing clean energy and creating jobs.
SunPower panels earned a reputation for reaching higher efficiency ratings compared to conventional solar panels, meaning they can generate more electricity within the same space.
One of Sunpower’s key selling points is its Maxeon solar cell technology. Maxeon cells are known for their high efficiency, durability, and resistance to the environment.
Which Solar Companies Are the Best to Save Money?
GenPro Energy Solutions has the lowest average cost, and they’re also one of the top-rated solar companies in South Dakota. The next lowest average cost is Lakota Solar Enterprises, and they’re a great choice if you’re dealing with many local policies.
It’s important to remember that every situation is different depending on the status of the buyer, and the state of the home. Lakota Solar and GenPro Energy have the lowest average cost but that doesn’t guarantee the best price, weigh out all the options.
Can I afford Solar Energy in South Dakota?
It’s no secret that switching to solar energy can be quite expensive at first, and if you’re considering making such an investment then you must inform yourself of all the options you have for switching to solar energy.
On average, solar panels in the U.S. come for $2.99 per watt on a system size of 8KW and the total installed cost of your new solar energy system would come close to $24,000. Since switching to solar energy is such a big investment many companies offer flexible payment options for your new solar energy system.
If you have the money available then paying for your solar panels upfront is a great idea. If you take this option there are no worries about interest rates or financing fees down the road. Pay your new solar energy company, have the system installed, and be done with it.
If you choose this option your solar provider will offer you financing options with a solar loan. It’s important to keep a close watch on the fees and interest rates associated with these loans as they are typically provided through a third party.
The last method is to lease your solar panels from a solar company. Here you pay the company for the energy the solar panels generate without committing to a big investment.
Consider This Before Switching to Solar Energy
If you install large solar panels, it will change the appearance of your home quite a bit. If you’re a renter or reside in a community association, consult your HOA to address any regulations or permissions.
Get a roof inspection to make sure your roof is in good condition.
Roofs weakened by age or damage may not suit the installation of solar panels in homes. If your roof gets the green light from the inspection, make sure no trees or other objects block the panel from receiving sunlight.
If your homeowners or renters insurance has an option to cover solar panels then consider adding them to your policy. Switching to solar energy is a big investment and it should be protected.
|GenPro Energy Solutions||Piedmont, South Dakota||Sustainable clean energy solutions including solar, wind, and energy systems|
|Midwest Solar||Sioux Falls, South Dakota||Designing and installing solar power systems in residential and commercial areas|
|Black Hills Solar||Black Hills region, South Dakota||Residential and commercial solar installations|
|Lakota Solar Enterprises||Pine Ridge Indian Reservation, South Dakota||Off-grid solar power systems|
|Sunpower||N/A||High efficiency solar panels|
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