Is Solar Worth It in Knoxville, TN?

A data-driven analysis based on Knoxville's electricity rates, sun exposure, and available incentives.

Yes, Solar Is Worth It in Knoxville

With a 9.5-year payback and 267% ROI, solar is an excellent investment in Knoxville.

9.5 years
Payback Period
$43,174
25-Year Savings
267%
Return on Investment
$16,170
Net System Cost
$142
Monthly Savings
$1,704
Annual Savings
8.4 kW
System Size
$924
Home Value Boost

Why Solar Works in Knoxville

  • +Estimated $924 increase in home value
  • +30% federal tax credit reduces upfront cost significantly
  • +Protection against future electricity rate increases (avg 3%/year)

Considerations

  • -Lower electricity rates (13¢/kWh) mean smaller immediate savings
  • -No net metering policy — excess energy has limited value

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