Solar Panel Cost Guide in Rogersville, TN (2024 Update)
- Rogersville Solar Installation Cost: $20,018
- 25-Year Savings: $18,670
- Payback Period: 15.4 Years
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Average Cost of Solar Panels in Rogersville
See how much it might cost to go solar in Rogersville.
While the national average of solar panels is $2.66 per watt, solar panels in Rogersville typically cost around 4.To account for the typical energy needs of the average home in Rogersville, most homeowners require a 8.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $20,018, or $28,626 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Rogersville can save around $16,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a customized estimate.
Solar savings over time in Rogersville
| Year | Return on Investment |
|---|---|
| 1 years | $-18,633 |
| 3 years | $-15,865 |
| 5 years | $-13,096 |
| 7 years | $-10,328 |
| 9 years | $-7,559 |
| 11 years | $-4,790 |
| 13 years | $-2,022 |
| 15 years | $747 |
| 17 years | $3,515 |
| 19 years | $6,284 |
| 21 years | $9,053 |
| 23 years | $11,821 |
| 25 years | $14,590 |
Top Solar Installers in Rogersville
Many homeowners choose to use a solar panel company since installing solar panels by yourself can be a lot of work. In addition, if you’d like to maximize your investment in solar power, using a solar company can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
If you’d like to switch to solar energy but still aren’t certain which solar installer to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Rogersville
Factors that Affect Solar Panel Costs in Rogersville
For many Rogersville homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Rogersville, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,580. There are a lot of different solar panel brands and the one you pick also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much 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 too expensive, solar loans are a popular route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Rogersville is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services for different budgets.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $8,844 | 16.0 years |
| 8 kW | $3.65 | $20,449 | $12,193 | 15.7 years |
| 10 kW | $3.58 | $25,060 | $15,743 | 15.4 years |
| 12 kW | $3.51 | $29,471 | $19,493 | 15.0 years |
| 14 kW | $3.44 | $33,681 | $23,443 | 14.7 years |
| 16 kW | $3.37 | $37,690 | $27,594 | 14.4 years |
| 18 kW | $3.29 | $41,499 | $31,946 | 14.1 years |
| 20 kW | $3.22 | $45,108 | $36,498 | 13.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Rogersville, TN Solar Cost FAQs
What is the average cost of installing solar panels in Rogersville?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Rogersville?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.