Solar power in Nashville, Tennessee
Nashville Electric Service (NES) unfortunately doesn’t have a net metering program. However, NES offers its customers the opportunity to take advantage of the Tennessee Valley Authority’s (TVA) Green Power Providers program. When customers install a solar energy system that is less than 10 kilowatts in size, TVA will pay $0.09 for every kilowatt hour of energy that the system generates. In return, TVA will retain the rights to all renewable energy credits created by the system. This means extra money in your pocket, just from your solar system producing energy! However, this program closes on December 31, 2019, so the sooner you install solar, the better!
Nashville residents can reduce the upfront costs of solar installations by taking advantage of the 30% federal tax credit. The tax credit is equal to 30% of the costs associated with installing a solar system. This, plus the Green Power Providers program, creates a recipe for great savings on solar panels in Tennessee!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Nashville to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Nashville and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Nashville, Tennessee in 2020 is $2.56 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Nashville, TN is $12,800. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 11.35kW solar system in Nashville, TN
This system would offset 100% of your energy usage if your typical monthly bill is $160, however your situation may vary so try our Nashville solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
7 Years 11 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 11.35kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Nashville, TN that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in Tennessee
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in Tennessee
Check out all of the ways energy providers of Tennessee can help you be more energy efficient and save money.
The following programs are available:
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.