Solar Savings Calculator for Tennessee

Tennessee homeowners pay an average of $145/month for electricity at 13¢/kWh. With 4.5 peak sun hours per day, solar can dramatically cut your energy costs.

$145
Avg Monthly Bill
13¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$44,427
Est. 25-Year Savings

Calculate Your Savings in Tennessee

Adjust Your Details for Tennessee

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
8.4 kW
Panel Count
21 panels
Total System Cost
$23,100
Federal Tax Credit (30%)
-$6,930
Net Cost
$16,170
Annual Savings
$1,740
Payback Period
9.3 years
25-Year Savings
$44,427
Return on Investment
275%

* Estimates based on 4.5 peak sun hours/day in Tennessee, system cost of $2.75/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Tennessee

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Cities in Tennessee

Select your city for a more precise estimate with local electricity rates and utility information.

More Solar Resources for Tennessee

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