Solar Savings Calculator for Franklin, TN
Homeowners in Franklin pay an average of $158/month for electricity through Middle Tennessee Electric. With 4.5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$158
Avg Monthly Bill
13.5¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$49,090
Est. 25-Year Savings
Calculate Your Savings in Franklin
Adjust Your Details for Franklin, TN
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
8.8 kW
Panel Count
22 panels
Total System Cost
$24,200
Federal Tax Credit (30%)
-$7,260
Net Cost
$16,940
Annual Savings
$1,896
Payback Period
8.9 years
25-Year Savings
$49,090
Return on Investment
290%
* Estimates based on 4.5 peak sun hours/day in Franklin, TN, 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.
Local Solar Details for Franklin
Utility & Permits
- Utility Company
- Middle Tennessee Electric
- Permit Cost
- $325
- Permit Timeline
- 2-4 weeks
- Net Metering
- none
System Estimates
- Recommended Size
- 8.8 kW
- Panel Count
- 22 panels
- Gross Cost
- $24,200
- Net Cost (after credits)
- $16,940
Available Incentives for Franklin, TN
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.
Other Cities in Tennessee
More Solar Tools for Franklin
Franklin Solar IncentivesAll available tax credits and rebatesFranklin Cost ComparisonSolar vs. grid costs over 25 yearsFranklin System SizingHow many panels your home needsFranklin Permits & RegulationsLocal permit requirementsIs Solar Worth It in Franklin?Data-driven analysis for your cityFranklin Financing OptionsCompare loans, leases, and PPAs
Ready to Go Solar in Franklin, TN?
Ready to Go Solar in Franklin?
Get a free personalized quote for your Franklin home. We handle permits, installation, and utility interconnection.
Get Your Free Quote