Cost of Solar in Nashville
Solar panels are more affordable than ever. Find out what works for your home!
Going solar in the Nashville area has become more affordable over time.
Given industry technological advancements over time, going solar in the Nashville area has become a more affordable prospect for homeowners. The cost of going solar for your home will depend on several factors, though: your property, electricity use and ongoing energy goals will all play a role. Our experts can help you navigate this and design a personalized solution for your home made to address your unique needs, down to how many solar panels will be needed.
Calculating Your Solar Panel Cost
It’s hard to calculate the average cost of solar panels, since every home will have varying factors. Each residential solar panel system we install is designed to best address that particular home’s energy needs. With that said, though, you can estimate how much solar panels will cost for your home using dollars per watt. Watts is the measurement for how much energy your home uses as well as the measurement for solar production.
Our team will determine how many panels your Nashville home needs based on how many watts your home typically needs. From that number, our experts can create a solar solution unique to your home. The number of solar panels needed for your home plus installation costs will add up to your total cost for going solar.
Your Nashville Solar Panel Installation Cost Includes The Following:
Step
1
Installation Equipment
This will include solar panels and inverters, battery, wiring, conduit and mounting racks and hardware.
Step
2
A Custom-Designed Solar System
After you sign the contract, our team will work on designing a system for your home, including filing relevant permits and prepping for installation day.
Step
3
All Installation Day Procedures
Our experienced team will arrive on installation day to install and test out your system, being careful and ensuring everything is working as intended, before cleaning up your property and leaving it looking like we were never there!
Cost of Solar FAQs
How much do solar panels cost in Nashville?
It depends on the number of panels required for your home’s unique needs as well as your home’s location. Pink Energy calculates the cost based on dollars per watt. Keep in mind that installation costs will factor into how much a solar panel system will be as well.
Do solar panels increase home value in Nashville?
Potentially! According to this 2018 Zillow study, homes with solar panels installed may sell by up to 4.1% more than homes without. Buyers appreciate energy-efficient homes powered by renewable energy sources!
Are solar panels a good investment in Nashville?
Solar panels are an excellent investment. Given their longevity (about 25 years), solar panels can potentially save you thousands of dollars off your electric bills over time.
How much is the federal tax credit for solar panels?
The federal solar tax credit is 26% of your total solar investment through the end of 2022. This percentage goes down to 22% through the end of 2023 and is unavailable for residential solar systems after that. Tax credits are subject to change and eligibility for federal tax credits depends on your individual and financial circumstances, so we recommend you always consult with your accountant or tax advisor to determine your eligibility.⁵
