Solar Panel Cost Guide in Eagleton Village, TN (2025 Update)
- Eagleton Village Solar Installation Cost: $20,227
- 25-Year Savings: $10,783
- Payback Period: 20.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Eagleton Village
Here’s how much it might cost to switch to solar power in Eagleton Village.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Eagleton Village, the average cost of a solar system is 4 per watt.Using this figure, a typical 8.1-kW system would cost about $20,227 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy consumption and what installation company you go with.But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $12,000 over 20 years on power bills.
You can click the button below to get connected with a vetted solar installer in Eagleton Village that can help you get a more accurate cost estimate for your home.
Solar savings over time in Eagleton Village
| Year | Return on Investment |
|---|---|
| 1 years | $-18,708 |
| 3 years | $-15,669 |
| 5 years | $-12,631 |
| 7 years | $-9,592 |
| 9 years | $-6,554 |
| 11 years | $-3,515 |
| 13 years | $-477 |
| 15 years | $2,561 |
| 17 years | $5,600 |
| 19 years | $8,638 |
| 21 years | $11,677 |
| 23 years | $14,715 |
| 25 years | $17,754 |
Top Solar Installers in Eagleton Village
When switching to solar energy, many homeowners decide to use a solar installer since installing solar panels yourself can be a difficult project. Another good thing about going with a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Eagleton Village
Factors that Affect Solar Panel Costs in Eagleton Village
For many Eagleton Village homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Eagleton Village, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Eagleton Village, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by around $3,580 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to install 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 solar panels out of pocket is out of reach, solar loans are a popular choice because they decrease your upfront costs and let you pay for your system over five to seven years on average.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can influence your pricing. Eagleton Village’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger 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 | $2,836 | 21.2 years |
| 8 kW | $3.65 | $20,449 | $4,182 | 20.8 years |
| 10 kW | $3.58 | $25,060 | $5,729 | 20.3 years |
| 12 kW | $3.51 | $29,471 | $7,476 | 19.9 years |
| 14 kW | $3.44 | $33,681 | $9,424 | 19.5 years |
| 16 kW | $3.37 | $37,690 | $11,572 | 19.1 years |
| 18 kW | $3.29 | $41,499 | $13,921 | 18.7 years |
| 20 kW | $3.22 | $45,108 | $16,470 | 18.3 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. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: When reading through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
EcoWatch's Eagleton Village, TN Solar Cost FAQs
How much does it cost to install solar panels in Eagleton Village?
The average cost of solar panels in Eagleton Village 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 such as the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Eagleton Village is currently $351,210, which means you could be looking at a value of about $14,400 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Eagleton Village is a fruitful investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 install 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.