Cost & Savings Breakdown
Based on $150/month electric bill in Nashville
System Size
9.8 kW
Annual Production
14,038 kWh
Gross System Cost
$27,963
Federal Tax Credit (30%)
-$8,389
State Incentive
None
Net Cost
$19,574
Monthly Savings
$122
CO₂ Offset/yr
12,915 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityNashville Electric
Net Metering PolicyAvoided Cost
Compensation RateAvoided cost rate
Capacity Limit10 kW residential limit
Electricity Rate$0.104/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 Nashville?
Solar in Nashville, Tennessee costs approximately $27,963 for a 9.8 kW system. After the 30% federal tax credit, your net cost is about $19,574.
What is the solar payback period in Nashville?
The estimated payback period for solar in Nashville is 13.4 years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.
Does Nashville Electric offer net metering?
Nashville Electric offers Avoided Cost net metering. Avoided cost rate.