Solar Panels Cost 16k-27k in Crossville, TN | October, 2024

Solar Panels Cost $16k-$27k in Crossville, TN | October, 2024

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How much do solar panels cost in Crossville, TN in 2024?

The current cost per watt for solar in Crossville, TN in October, 2024 is $3.92/W.

Put another way, solar panels will cost you $3,920 per 1 kW (or 1000 watts) of generation capacity. When you subtract the 30% federal tax credit, you can expect to spend about $13,720 for a 5 kW panel install in Crossville. Note that a more powerful system may be necessary to meet your energy demands.

To your left, you have the option to choose your county and view the average roof size along with the average maximum capacity for solar panel installations on homes in your area. Below, you can see an analysis of the price, payback period and 20 year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Crossville: $13,720US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Crossville: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Crossville: $13,518US Average: $15,784

Solar Potential in Crossville

Estimated system size and solar electricity production per median viable roof in
Crossville.

Roof size 858sq. ft.
Capacity 12kW DC
Electricity 14.2kkWh AC per yr.

Electricity Costs in Crossville, TN & What that Means for Your Solar Panel Pricing

Crossville residents generally consume 1,167 kWh of electricity each month, with bills around $137.99. Bear in mind that this statistic covers smaller residences including apartments, known for reduced energy use.

The rate of electricity in Crossville, TN, on average, is 11.83¢ per kWh for October 2024.

If you’re an average electricity user in Crossville, you may need a solar panel system sized at 10 kW or above to take care of your electricity needs. Presently, a 10 kW setup costs $27,440 after the 30% federal income tax credit.

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Average solar panel costs by system size in Crossville

Displayed on the left, you will find a cost summary for multiple solar panel system sizes set up in Crossville. Naturally, a larger solar system requires a greater initial expense, but it also translates to more significant electricity savings and more substantial income tax credits.

The solar panel cost calculator, positioned down and to the right, provides a cost-benefit analysis using an average $137.99 electric bill for Crossville. For personalized results, update the $137.99 to whatever your usual electricity bill is.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,048 a year
Est. Price
$16,464
Savings from a 6kWthis system
  • Est. yearly production 8,735 kWh
  • Est. monthly savings $87
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.64 tons a year
  • Equivalent to planting 121 trees a year
  • Equivalent to driving 6,538 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,223 a year
Est. Price
$19,208
Savings from a 7kWthis system
  • Est. yearly production 10,191 kWh
  • Est. monthly savings $102
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 3.08 tons a year
  • Equivalent to planting 142 trees a year
  • Equivalent to driving 7,628 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,398 a year
Est. Price
$21,952
Savings from a 8kWthis system
  • Est. yearly production 11,647 kWh
  • Est. monthly savings $116
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 3.52 tons a year
  • Equivalent to planting 162 trees a year
  • Equivalent to driving 8,717 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,572 a year
Est. Price
$24,696
Savings from a 9kWthis system
  • Est. yearly production 13,103 kWh
  • Est. monthly savings $131
  • Full payback in 15 years
Environmental Impacts
  • Reduces CO2 emissions by 3.96 tons a year
  • Equivalent to planting 182 trees a year
  • Equivalent to driving 9,807 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,747 a year
Est. Price
$27,440
Savings from a 10kWthis system
  • Est. yearly production 14,559 kWh
  • Est. monthly savings $138
  • Full payback in 17 years
Environmental Impacts
  • Reduces CO2 emissions by 4.17 tons a year
  • Equivalent to planting 192 trees a year
  • Equivalent to driving 10,329 mi less a year

Crossville Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant offers substantial financial support, potentially covering 80% to 100% of the costs for rural businesses and agricultural operations to install photovoltaic or wind energy systems. Think you might be eligible? Verify your qualification with our REAP Grant eligibility tool.

Thanks to the 30% federal income tax credit, residential solar installations are accessible for most people, turning solar power a sensible investment in various states. Furthermore, a variety of state and local programs are available to encourage solar adoption.

There are 2 solar rebate and incentive initiatives currently offered in Tennessee by various utilities and government bodies.

Sales Tax Credit for Clean Energy Technology

Value:Varies

New devices used in the generation, storage, or distribution of "green energy" in Tennessee may be eligible for state sales/use tax exemptions. Qualifying equipment should use solar, wind, geothermal, or hydrogen fuel cell technology and be installed in a Department of Environment-certified facility. To claim the exemption, the installing contractor should submit application paperwork to the Department of Revenue at the time of purchase. The buyer must then fill out a corresponding form. Approved exemptions will be paid as a refund to the contractor.

Pathway Energy Efficiency Loan Program

Value:Varies

Tennessee's Energy Efficiency Loan Program (EELP) is operated by Pathway Lending, a private non-profit operating in multiple states. Through the program, small businesses, local nonprofits, and local governments may obtain special financing for new renewable energy investments and energy efficiency improvements. Repayment plans last up to six years and are typically based on energy savings at below-market interest. To apply, an organization must submit successful proposals and complete an energy audit. Additional information is available from the Pathway Lending website.

Are solar panels worth it in Tennessee?

If your plan is to stay in your home past the time it takes to pay off your solar system, installing solar panels is a smart move in Crossville. With a 5 kW solar system in Crossville, TN, the average savings over a 20 period is $19,397.6, with break even usually occurring at 8 years.

The cost of not having solar panels in Crossville, TN

Without solar panels or another backup power source, you miss out on the savings highlighted previously and rely entirely on your electric utility for electricity. Recent media examples have revealed that complete dependence on your utility company isn't always the best condition.

Residents in Crossville have seen an average of 4.09 utility outages per year in recent times. Outages typically last for an average of 402.5 minutes. Major occurrences like vandalism, grid management errors or hurricanes can lead to a significant rise in these time frames.

Owning a solar panel system, with or without a backup battery, could reduce the pressure of any future outages you may experience.

Power Outages

Currently, 0 customers are being tracked in Cumberland County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Crossville, TN?

Your Energy Needs - With larger solar panel systems, the cost per watt declines, despite the greater upfront expense. Homeowners often realize that setting up a solar system that can cover their entire electric bill is advantageous, resulting in optimal savings.

Make & Model - Solar panels come in a range of makes and models. Considering the brand preferences that your installer may have, it's essential to select a reputable installer. For consumers desiring a better long-term experience, investing in superior quality makes and models is critical.

Solar Panel Type - For many good reasons, monocrystalline panels are now the standard in the industry. Even though they are pricier, they generate additional energy. Many installers utilize panels made from this material.

Your Property - Each property and home is one of a kind. Uneven ground, trees, or additional hindrances can increase the difficulty of installing solar panels. By using satellite images, the majority of solar installers nowadays can evaluate your home and incorporate these factors into the initial cost estimate.

Labor Rates - Employees are paid varied wages from different companies, and these costs are handed down to the consumers. Paying higher wages typically results in companies receiving better reviews for their work and customer service.

Permitting & Interconnection - Permitting and utility interconnection fees change locally and will influence your installation cost. Quality installers will factor these costs into your first quotes to prevent unexpected expenses.

See what solar panels cost in other TN cities

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Who are the best solar installers in Crossville?

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Tungsten Electric

Nashville-Davidson metropolitan government, TN(615) 491-0206

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Crossville, TN Solar Panel Cost FAQs

  • In Crossville, TN, the mean cost per watt for solar panels as recorded in October, 2024 is $3.92/W. The cost of installing a 5 kW solar panel system in Crossville, TN is about $13,720 post federal tax credit.

  • Right now, Tennessee has 2 rebates and incentives available through a variety of utility companies and government entities. In addition, the 30% federal income tax credit is available to almost everyone.

  • Opting for cash payments results in the highest savings, but there are now numerous financing options for solar panels that are financially sensible. Many installers have partnerships with financing companies and will provide this information in your initial quotes.

  • Yes, in Crossville, TN, the average time for 5 kW solar panel systems to pay for themselves is 8 years, leading to electricity savings of $19,397.6 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01