Solar Panels Cost 13k-25k in Green Hill CDP, TN | October, 2024

Solar Panels Cost $13k-$25k in Green Hill CDP, TN | October, 2024

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How much do solar panels cost in Green Hill CDP, TN in 2024?

Having solar installed costs $3.98/W in Green Hill CDP, TN in October, 2024.

It will cost $3,980, on average, per 1000 watts (1 kW) of capacity that your solar panels have. With a 30% federal tax credit, the typical price for a 5 kW solar installation in Green Hill CDP is approximately $13,930. Depending on your energy usage habits, you may need a bigger system.

To the left, you can choose your county to see the typical roof size and average maximum capacity for residential solar on homes in your area. You can also see an overview of the costs, payback period and 20 year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Green Hill CDP: $13,930US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Green Hill CDP: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Green Hill CDP: $12,735US Average: $15,784

Solar Potential in Green Hill CDP

Estimated system size and solar electricity production per median viable roof in
Green Hill CDP.

Roof size 894sq. ft.
Capacity 12.5kW DC
Electricity 14.7kkWh AC per yr.

Electricity Costs in Green Hill CDP, TN & What that Means for Your Solar Panel Pricing

On average, Green Hill CDP residents use 1,044 kWh each month, and the electric bill is $135.98. Keep in mind that apartments and smaller dwellings, which generally have reduced energy requirements, are included in this statistic.

The electricity rate per kWh in Green Hill CDP, TN for October 2024 is on average 13.03¢.

In Green Hill CDP, a typical electricity user's needs will usually be entirely accounted for by a solar panel system of 9 kW or more. Upfront, a 9 kW setup will cost you $35,820, but after the 30% federal tax credit, the total cost is $25,074.

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Average solar panel costs by system size in Green Hill CDP

To the left, you will find a breakdown of prices for different solar panel system sizes installed in Green Hill CDP. With more extensive solar systems, the price rises, but so do the electricity savings and the income tax credits you can receive.

Look at the solar panel cost calculator below and to the right to see the cost and benefit details calculated from an average $135.98 electric bill in Green Hill CDP. Adjust the $135.98 to your typical electricity bill payment for results that are tailored to you.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $946 a year
Est. Price
$13,930
Savings from a 5kWthis system
  • Est. yearly production 7,279 kWh
  • Est. monthly savings $79
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 2.42 tons a year
  • Equivalent to planting 111 trees a year
  • Equivalent to driving 5,989 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,136 a year
Est. Price
$16,716
Savings from a 6kWthis system
  • Est. yearly production 8,735 kWh
  • Est. monthly savings $95
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 2.9 tons a year
  • Equivalent to planting 133 trees a year
  • Equivalent to driving 7,187 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,325 a year
Est. Price
$19,502
Savings from a 7kWthis system
  • Est. yearly production 10,191 kWh
  • Est. monthly savings $110
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 3.39 tons a year
  • Equivalent to planting 156 trees a year
  • Equivalent to driving 8,385 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,514 a year
Est. Price
$22,288
Savings from a 8kWthis system
  • Est. yearly production 11,647 kWh
  • Est. monthly savings $126
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 3.87 tons a year
  • Equivalent to planting 178 trees a year
  • Equivalent to driving 9,583 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,703 a year
Est. Price
$25,074
Savings from a 9kWthis system
  • Est. yearly production 13,103 kWh
  • Est. monthly savings $136
  • Full payback in 15 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

Green Hill CDP Solar Panel Installation Incentives & Rebates | 2024

Rural small business and farm owners might benefit from the REAP Grant, which could cover 80% to 100% of their solar energy or wind energy installation expenses. Curious if you fall into this category? Confirm your eligibility with our REAP Grant eligibility tool.

With the availability of a 30% federal income tax credit, solar energy becomes a feasible solution for most homeowners, particularly in numerous parts of the country. A number of state and local programs are set up to increase the adoption of solar energy.

In Tennessee, 2 solar rebates and incentives are currently available from different utilities and government agencies.

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 goal is to own your home well past the payback period of your solar system, solar panels are an clear choice in Green Hill CDP. A 5 kW solar system in Green Hill CDP, TN could potentially save you $18,705.2 over the course of 20 years, with the break even point averaging at 9 years.

The cost of not having solar panels in Green Hill CDP, TN

Opting not to have solar panels or a separate backup energy solution results in you missing out on the savings noted earlier and leaves you fully reliant on your electric utility for electricity. As shown by recent news stories, total reliance on your utility company is not always ideal.

Annually, customers in Green Hill CDP face approximately 1.33 outages each year. Outages typically last for an average of 85.6 minutes. Major occurrences like planned maintenance, overloaded power grids or high winds can lead to a significant rise in these time frames.

Regardless of whether a backup battery is present, a solar panel system could reduce the impact of future power outages you might face.

Power Outages

Currently, 0 customers are being tracked in Wilson County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Green Hill CDP, TN?

Your Energy Needs - With larger solar panel systems, the cost per watt decreases, despite the greater upfront expense. Many consumers realize it's a great idea to install a solar system that can make enough power to replace their electric bill, because it helps them reduce costs.

Make & Model - Just like other products, solar panels come in a variety of makes and models. The brand preferences of your chosen installer can make it crucial to select a highly rated company. The utilization of high-quality models is expected to provide a more satisfactory long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have become the industry standard, and for valid reasons. Despite the higher price tag, these panels provide greater energy output. The majority of installation experts use panels constructed from this material.

Your Property - Things like rough terrain, trees, or other challenges may cause the installation to be more difficult. With the use of satellite images, the majority of solar installers nowadays can assess your home and incorporate these considerations into the initial cost estimate.

Labor Rates - The wages that companies offer their employees are different, and these expenses are inevitably reflected in consumer prices. Companies paying higher wages usually garner better reviews for their services and customer service.

Permitting & Interconnection - Local permitting and utility level interconnection fees change by area and will affect your final install price. That said, reputable local installers will be able to build these numbers into your first quotes so there are no surprises.

See what solar panels cost in other TN cities

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Who are the best solar installers in Green Hill CDP?

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.

Green Hill CDP, TN Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Green Hill CDP, TN is $3.98/W. The installation of a 5 kW solar panel system in Green Hill CDP, TN will cost about $13,930 after federal tax credits.

  • If you live in Tennessee, you can find 2 rebates and incentives through different utilities and government agencies. In addition, the 30% federal income tax credit is available to almost everyone.

  • Even though cash payments offer the greatest savings, several financing options for solar panels today are also cost-effective. Many installers collaborate with financing partners and will provide this information in your initial quotes.

  • Yes, the typical duration for 5 kW solar panel systems to pay back their cost in Green Hill CDP, TN is 9 years, with electricity savings estimated at $18,705.2 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01