Solar Panel Cost Guide in Greenbrier, TN (2025 Update)
- Greenbrier Solar Installation Cost: $20,039
- 25-Year Savings: $10,553
- Payback Period: 20.5 Years
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Average Cost of Solar Panels in Greenbrier
Here’s how much it might cost to install solar panels in Greenbrier.
While the national average of solar panels is $2.66 per watt, solar panels in Greenbrier typically cost around 4.The average Greenbrier homeowner needs a 8.0-kilowatt system, which would cost about $20,039 with the federal tax credit, or $28,656 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy consumption and what company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Greenbrier can save around $12,000 on their electricity bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Greenbrier
| Year | Return on Investment |
|---|---|
| 1 years | $-18,424 |
| 3 years | $-15,194 |
| 5 years | $-11,964 |
| 7 years | $-8,733 |
| 9 years | $-5,503 |
| 11 years | $-2,273 |
| 13 years | $958 |
| 15 years | $4,188 |
| 17 years | $7,418 |
| 19 years | $10,649 |
| 21 years | $13,879 |
| 23 years | $17,109 |
| 25 years | $20,339 |
Top Solar Installers in Greenbrier
Although you can install solar panels on your own, it takes extra labor and expertise. Because of that, almost all homeowners choose to hire a solar panel installer. Another upside of working with a solar installer is that they can help you optimize your ROI by lowering your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Greenbrier
Factors that Affect Solar Panel Costs in Greenbrier
The cost of installing a solar system in Greenbrier can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are a lot of different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average.While solar loans make going solar more accessible for Greenbrier homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Greenbrier, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.72 | $15,637 | $2,739 | 21.3 years |
| 8 kW | $3.65 | $20,449 | $4,053 | 20.9 years |
| 10 kW | $3.58 | $25,060 | $5,567 | 20.5 years |
| 12 kW | $3.51 | $29,471 | $7,282 | 20.0 years |
| 14 kW | $3.44 | $33,681 | $9,197 | 19.6 years |
| 16 kW | $3.37 | $37,690 | $11,313 | 19.2 years |
| 18 kW | $3.29 | $41,499 | $13,629 | 18.8 years |
| 20 kW | $3.22 | $45,108 | $16,146 | 18.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
EcoWatch's Greenbrier, TN Solar Cost FAQs
What is the average cost of installing solar panels in Greenbrier?
The average cost of solar panels in Greenbrier is about $17,900 for a 5-kW system and $35,800 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Greenbrier?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Greenbrier, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.