Solar Panels Cost 14k-25k in Hendersonville, TN | November, 2024

Solar Panels Cost $14k-$25k in Hendersonville, TN | November, 2024

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

Going solar averages out to $4.01 per watt in Hendersonville, TN in the month of November, 2024.

Utilizing this rate per watt, we can conclude that for every 1000 watts (1 kW) of solar generation capacity will require an investment of $4,010 for installation. In Hendersonville, the cost of a 5 kW system is generally $14,035, after the 30% federal tax credit. It's worth noting that a larger system might be required to satisfy your energy requirements.

By selecting your county on the left, you can determine the average roof size and the maximum capacity for residential solar on homes in your area. See below a detailed summary of the {price|costs, 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.
Hendersonville: $14,035US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Hendersonville: 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.
Hendersonville: $14,337US Average: $16,169

Solar Potential in Hendersonville

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

Roof size 983sq. ft.
Capacity 13.75kW DC
Electricity 16.3kkWh AC per yr.

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

For Hendersonville energy consumers, the standard monthly kWh usage is 1,084, with an average electric bill of $143.28. Compact houses, such as studio apartments or condos, are also encompassed in the figures cited in the previous sentence.

The mean rate for electricity in Hendersonville, TN in November, 2024 is 13.21¢ per kWh.

In Hendersonville, a system size of 9 kW or larger is needed for the typical energy consumer to account for all of their power demands. At the moment, a 9 kW setup costs around $36,090, but with a 30% tax credit, it is reduced to $25,263

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Average solar panel costs by system size in Hendersonville

To the left and below, you can find a detailed pricing breakdown for different solar panel system sizes set up in Hendersonville. Although a bigger solar installation has a greater cost, it also yields increased electricity savings and more substantial income tax credits.

Check the solar panel cost calculator to the right and below to see the cost and benefit details based on an average $143.28 electric bill in Hendersonville. Just change the $143.28 to your regular electricity bill for more accurate results.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $946 a year
Est. Price
$14,035
Savings from a 5kWthis system
  • Est. yearly production 7,279 kWh
  • Est. monthly savings $79
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 1.4 tons a year
  • Equivalent to planting 64 trees a year
  • Equivalent to driving 3,455 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,136 a year
Est. Price
$16,842
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 1.68 tons a year
  • Equivalent to planting 77 trees a year
  • Equivalent to driving 4,146 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,325 a year
Est. Price
$19,649
Savings from a 7kWthis system
  • Est. yearly production 10,191 kWh
  • Est. monthly savings $110
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 1.95 tons a year
  • Equivalent to planting 90 trees a year
  • Equivalent to driving 4,837 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,514 a year
Est. Price
$22,456
Savings from a 8kWthis system
  • Est. yearly production 11,647 kWh
  • Est. monthly savings $126
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 2.23 tons a year
  • Equivalent to planting 103 trees a year
  • Equivalent to driving 5,528 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,703 a year
Est. Price
$25,263
Savings from a 9kWthis system
  • Est. yearly production 13,103 kWh
  • Est. monthly savings $142
  • Full payback in 15 years
Environmental Impacts
  • Reduces CO2 emissions by 2.51 tons a year
  • Equivalent to planting 115 trees a year
  • Equivalent to driving 6,219 mi less a year

Hendersonville Solar Panel Installation Incentives & Rebates | 2024

For rural farms and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. Wondering if you qualify? Our REAP Grant eligibility tool can help you check.

For residential solar installations, almost all homeowners qualify for a 30% federal income tax credit, which makes solar energy a feasible choice in many parts of the country. State and local governments have various programs to further encourage the switch to solar energy.

Tennessee has 2 solar incentive and rebate programs available through a range of utilities and government bodies.

Solar incentives in TN

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?

Intending to stay in your house beyond the solar payback period? Solar panels are a smart investment in Hendersonville. In Hendersonville, TN, a 5 kW solar system installation might save you $20,352.2 on average over 20 years, with a typical break even point of 8 years.

The cost of not having solar panels in Hendersonville, TN

Forgoing solar panels or an alternative backup energy source means you'll miss out on the savings mentioned above and be fully dependent on your electric utility for power. The news has recently shown us that complete reliance on your utility provider isn't always the best idea.

Over the past few years, customers in Hendersonville have encountered an average of 1.74 utility outages each year. Typically, outages have an average duration of 143.71 minutes. However, during significant events such as tornadoes, equipment failure, or wildlife damage, these times can drastically increase.

A solar panel system with (or without) a backup battery could ease the stress of future outages you encounter.

Power Outages

Currently, 0 customers are being tracked in Sumner County.

Learn more

Customers Out:

0

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

Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is decreased as the system size increases. Consumers often realize that installing a solar system that can replace their entire electric bill is advantageous, ensuring maximum savings.

Make & Model - Similar to other industries, the solar energy sector offers a variety of solar panel and mounting equipment brands and designs. Taking into account the system preferences that your installer may have, it's essential to choose a recommended company. Buyers who prioritize superior equipment typically enjoy a superior long-term experience.

Solar Panel Type - For good reason why monocrystalline panels are now the industry standard. Even with a higher cost, this technology yield more energy. The majority of installers opt for panels constructed using this material.

Your Property - Every home and property differs in its own way. Challenges such as trees, sloping terrain, or other barriers can increase the difficulty of installing solar panels. Today, many solar installers can leverage satellite imagery to assess your home and incorporate these aspects into the initial cost estimate.

Labor Rates - Different companies pay varied wages to their employees, and these expenses are eventually borne by the consumers. Businesses often receive higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by region, will affect your final installation cost. Reputable local installers will integrate these numbers into your first quotes to avoid any surprises.

See what solar panels cost in other TN cities

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Who are the best solar installers in Hendersonville?

Core Development Group

(201) 825-2195

Services

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

Solar Alliance Southeast

Knoxville, TN(865) 309-4674

Services

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

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

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • 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.
  • Consulting on all things solar related.

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

LightEdison

Denver, CO(888) 966-6377

Services

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

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

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

Solar Plus

Atlanta, GA(470) 378-1182

Services

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

Hendersonville, TN Solar Panel Cost FAQs

  • As recorded in November, 2024, the standard cost for solar panel installations in Hendersonville, TN is $4.01/W. For a 5 kW solar panel system, the total cost in Hendersonville, TN after federal tax credits is around $14,035.
  • If you live in Tennessee, you can find 2 rebates and incentives through different utilities and government agencies. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • Choosing to pay cash ensures the most savings, but today there are several financing options for solar panels that are also cost-effective. Installers typically partner with financing companies and will incorporate this information into your initial quotes.
  • Yes, the typical duration for 5 kW solar panel systems to pay back their cost in Hendersonville, TN is 8 years, with electricity savings estimated at $20,352.2 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-11-05