Cost & Savings Breakdown
Based on $150/month electric bill in Murfreesboro
System Size
8.5 kW
Annual Production
12,167 kWh
Gross System Cost
$24,235
Federal Tax Credit (30%)
-$7,270
State Incentive
None
Net Cost
$16,964
Monthly Savings
$122
CO₂ Offset/yr
11,193 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityMurfreesboro Electric
Net Metering PolicyAvoided Cost
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.120/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 Murfreesboro?
Solar in Murfreesboro, Tennessee costs approximately $24,235 for a 8.5 kW system. After the 30% federal tax credit, your net cost is about $16,964.
What is the solar payback period in Murfreesboro?
The estimated payback period for solar in Murfreesboro is 11.6 years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.
Does Murfreesboro Electric offer net metering?
Murfreesboro Electric offers Avoided Cost net metering. Check with your utility for current compensation rates..