Cost & Savings Breakdown
Based on $150/month electric bill in Chattanooga
System Size
7.5 kW
Annual Production
10,735 kWh
Gross System Cost
$21,384
Federal Tax Credit (30%)
-$6,415
State Incentive
None
Net Cost
$14,968
Monthly Savings
$122
CO₂ Offset/yr
9,876 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEPB
Net Metering PolicyAvoided Cost
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.136/kWh
Peak Sun Hours4.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
Common Questions
How much does solar cost in Chattanooga?
Solar in Chattanooga, Tennessee costs approximately $21,384 for a 7.5 kW system. After the 30% federal tax credit, your net cost is about $14,968.
What is the solar payback period in Chattanooga?
The estimated payback period for solar in Chattanooga is 10.3 years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.
Does EPB offer net metering?
EPB offers Avoided Cost net metering. Check with your utility for current compensation rates..