Solar Panel Cost Guide in Ashland City, TN (2024 Update)
- Ashland City Solar Installation Cost: $19,901
- 25-Year Savings: $12,595
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in Ashland City
See how much it might cost to make the switch to solar in Ashland City.
While the national average of solar panels is $2.66 per watt, solar panels in Ashland City typically cost around 4.Because a 7.9-kW system is needed to cover the energy usage of a typical home in Ashland City, the average price of going solar will be about $19,901 after claiming the federal solar tax credit of 0.
These figures are only estimates, and your own solar costs will most likely look different based on your specific situation and what company you go with.Many homeowners find going solar is a solid investment. The average homeowner in Ashland City can save around $13,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar installer in your area for a custom quote.
Solar savings over time in Ashland City
| Year | Return on Investment |
|---|---|
| 1 years | $-18,286 |
| 3 years | $-15,056 |
| 5 years | $-11,826 |
| 7 years | $-8,595 |
| 9 years | $-5,365 |
| 11 years | $-2,135 |
| 13 years | $1,096 |
| 15 years | $4,326 |
| 17 years | $7,556 |
| 19 years | $10,787 |
| 21 years | $14,017 |
| 23 years | $17,247 |
| 25 years | $20,477 |
Top Solar Installers in Ashland City
Installing solar panels on your own can be a difficult project, which is why getting a solar installer is a good option for many homeowners. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Ashland City:
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 Ashland City
Factors that Affect Solar Panel Costs in Ashland City
There are several criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar system you need to offset your energy usage, 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. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Ashland City, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a role in determining your pricing. Ashland City’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that offers the products, warranties and services you want and also fits within your budget.
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 | $4,337 | 19.6 years |
| 8 kW | $3.65 | $20,449 | $6,183 | 19.2 years |
| 10 kW | $3.58 | $25,060 | $8,230 | 18.8 years |
| 12 kW | $3.51 | $29,471 | $10,478 | 18.4 years |
| 14 kW | $3.44 | $33,681 | $12,926 | 18.1 years |
| 16 kW | $3.37 | $37,690 | $15,574 | 17.7 years |
| 18 kW | $3.29 | $41,499 | $18,423 | 17.3 years |
| 20 kW | $3.22 | $45,108 | $21,472 | 16.9 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Ashland City, TN Solar Cost FAQs
How much does it cost to install solar panels in Ashland City?
The average cost of solar panels in Ashland City 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 kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Ashland City?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home 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.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $665.80 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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 account for 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.