Solar Panels Cost 20k-32k in Nolensville, TN | October, 2024

Solar Panels Cost $20k-$32k in Nolensville, TN | October, 2024

High Power Bills?

Reduce or replace your electricity bill with solar

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

During October, 2024, the average expense of solar panel installations in Nolensville, TN was $4.19/W.

It will cost $4,190, on average, per 1K (or 1000 watts) your solar panels is able to generate. In Nolensville, a 5 kW solar system will cost you, on average, $14,665 after the 30% federal income tax credit. Please keep in mind that a more powerful system could be essential to satisfy your energy demands.

To the left, you can choose your county to determine the average roof size and the maximum capacity of solar panel systems for houses in your area. Below, you'll see a detailed summary of the costs, payback period, and 20-year typical 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.
Nolensville: $14,665US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Nolensville: 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.
Nolensville: $13,228US Average: $15,784

Solar Potential in Nolensville

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

Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.4kkWh AC per yr.

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

The average monthly cost for electricity in Nolensville is $142.41, with typical usage at 1,215 kWh. Please note that the energy usage for apartments and other smaller living spaces is included in this figure.

The average rate for electricity in Nolensville, TN during October, 2024 is 11.72¢ per kWh.

The typical energy consumer in Nolensville will need an 11 kW or more solar setup to cover their entire energy consumption needs. The starting price for an 11 kW solar system will be $46,090, but after receiving a 30% federal tax credit, your expense drops to $32,263.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Nolensville

To the left and below, there is the cost breakdown for various sizes of the solar panel systems set up in Nolensville. When you select a larger solar system, the cost is higher, but it also leads to more significant electricity savings and a larger income tax credit.

Check a cost benefit analysis in the solar panel cost calculator down and to the right, for an average electric bill of $142.41 in Nolensville. Adjust the $142.41 to your usual bill payment for more accurate results.

System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,223 a year
Est. Price
$20,531
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 2.99 tons a year
  • Equivalent to planting 138 trees a year
  • Equivalent to driving 7,413 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,398 a year
Est. Price
$23,464
Savings from a 8kWthis system
  • Est. yearly production 11,647 kWh
  • Est. monthly savings $116
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 3.42 tons a year
  • Equivalent to planting 157 trees a year
  • Equivalent to driving 8,472 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,572 a year
Est. Price
$26,397
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 3.85 tons a year
  • Equivalent to planting 177 trees a year
  • Equivalent to driving 9,531 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,747 a year
Est. Price
$29,330
Savings from a 10kWthis system
  • Est. yearly production 14,559 kWh
  • Est. monthly savings $142
  • 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
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $1,922 a year
Est. Price
$32,263
Savings from a 11kWthis system
  • Est. yearly production 16,015 kWh
  • Est. monthly savings $142
  • Full payback in 19 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

Nolensville Solar Panel Installation Incentives & Rebates | 2024

Rural small business owners and farmers could receive REAP Grant funding covering between 80% and 100% of their solar energy or wind turbine installation costs. Believe you fall into this category? Verify your qualification with our REAP Grant eligibility tool.

Nearly all residents can qualify for a 30% federal income tax credit for residential solar, which makes it a sensible option in various areas of the United States. On top of that, there are various state and local incentives to further encourage the adoption of solar energy.

Multiple utilities and government agencies in Tennessee provide 2 solar rebate and incentive initiatives.

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?

For those expecting to remain in their homes after the solar system's payback period, adding solar panels is a smart choice in Nolensville. If you install a 5 kW solar system in Nolensville, TN, you might save $19,513.4 over 20 years on average, with a break even point at approximately 9 years.

The cost of not having solar panels in Nolensville, TN

If you don't have solar panels or an alternate backup power source, you miss out on the aforementioned savings and your household is completely dependent on your electric utility for electricity. Recent news reports have shown that total reliance on your utility is not always the best situation.

Each year, utility customers in Nolensville have encountered an average of 1.33 outages per year. On average, an outage lasts 85.6 minutes. When major events such as wildfires, wildlife damage, or equipment failure occur, these durations can increase significantly

A solar panel system could lessen the burden of future outages, even if it is without a backup battery.

Power Outages

Currently, 0 customers are being tracked in Williamson County.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

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

Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is decreased as the system size expands. Many consumers realize it's a smart idea to install a solar system that can generate enough power to fully cover their electric bill, because it helps them reduce costs.

Make & Model - Similar to many other products, there are different makes and models of solar panels to choose from. The installer’s preference for brand makes it essential to select a reputable company. Choosing better quality materials usually ensures a more favorable long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have established themselves as the industry standard, and for good reasons. Although they are pricier, they generate increased energy. Most installers use panels constructed from this material.

Your Property - Every home and property differs in its own way. Challenges like trees, irregular terrain, or other impediments can increase the difficulty of installing solar panels. Solar installers currently commonly use satellite imagery to assess your home and include these considerations into the preliminary cost estimate.

Labor Rates - The differing wages that companies give their employees result in costs that are inevitably passed on to consumers. It is typical for companies that offer higher wages to get better reviews for their services and customer service.

Permitting & Interconnection - The fees for local permitting and utility interconnection, which vary by area, will influence the cost of your installation. Reliable installers will factor these costs into your first quotes to prevent unexpected expenses.

See what solar panels cost in other TN cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in Nolensville?

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.

Nolensville, TN Solar Panel Cost FAQs

  • In October, 2024, the average cost of solar panels per watt in Nolensville, TN is $4.19/W. The cost of installing a 5 kW solar panel system in Nolensville, TN is about $14,665 post federal tax credit.

  • There are 2 rebates and incentives available in Tennessee from a range of utility providers and government organizations. On top of that, nearly everyone can qualify for the 30% federal tax credit.

  • While paying cash ensures the most savings, numerous financing options for solar panels exist that also are financially sensible. Financing options are often provided by installers and may be included in your initial quotes.

  • Yes, in Nolensville, TN, 5 kW solar panel systems usually pay off in 9 years, providing an average electricity cost savings of $19,513.4 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01