Tennessee Solar Information

Tennessee isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Tennessee offer net metering. As always in Tennessee you are entitled to the 30% federal tax credit.

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Tennessee ranks in America for savings from installing solar panels on
5769.69 kWh

AC Energy output every year in Tennessee in 4 kW system
4.96 kWh

Solar Radiation (kWh / m2 / day)
10 ¢ /kWh

The cost of electricity today in Murfreesboro TN (City of)|Tennessee Valley Authority
21 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years

Tennessee Solar Facts

$1.39
Average cost of a 4kw solar power system in 2019.
5 years
Average system payback period.
$43 612
Average lifetime savings.
4 ¢ /kWh
Levelized cost of solar energy.
5 kW
Recommended system size.

Choose relevant panels Calculate your system

How much do solar panels cost in Tennessee
$1.39 per watt

Cash purchased solar system

Before 30% solar tax credit
$5 965 total

Estimated system cost

Before 30% solar tax credit
5 years

Average system payback period

Solar power in Tennessee is capable of producing much of the state's electricity; however, the industry remains in early stages in the state. With 129 MW of solar power in 2015, Tennessee ranked 20th among states for installed solar capacity.

The largest solar installations in Tennessee are the 20 MW Selmer and 20 MW Mulberry Solar Farms in McNairy County, both built in 2014. In 2013, Volkswagen opened an 8 MW solar farm at its assembly plant in Chattanooga. In 2012, Tennessee's largest solar installation was the 5 MW West Tennessee Solar Farm.

A 68.5 MW(DC) (53 MW(AC)) solar farm is under construction near Millington with expected completion in 2017.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you get solar

kWH

$ per kWH

According to Murfreesboro TN (City of)|Tennessee Valley Authority, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

4.3 kW medium system size

Provides up to 80% of electricity consumption

$1.39 per watt

Average system cost

14 x 325 watt

solar panels
+
14 x 300 watt

microinverter
+
1 x 5 000 watt

inverter

$77.65 / month

Estimated savings on your average quarterly bill

$5 965.03

Estimated system cost
Excludes 30% Federal Tax Credit.
This price does not include the installation cost.
5 years

Average system payback period
$43 611.98

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

10 ¢ /kWh

The cost of electricity today in Murfreesboro TN (City of)|Tennessee Valley Authority
21 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
4 ¢ /kWh

levelized cost of solar energy