Solar Panel Cost Guide in Greenbrier, TN (2024 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.
Although the national average of solar panels is $2.66 per watt, solar panels in Greenbrier generally 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 true cost of your system can go higher or lower than the average in Greenbrier depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.Many homeowners find adopting solar power is a solid investment. The average homeowner in Greenbrier can save around $12,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar panel company in Greenbrier for a custom estimate.
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 by yourself, it takes extra labor and know-how. Because of that, most people choose to hire a solar panel installer. Another benefit of using a solar installer is that they can help you optimize your investment by reducing your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
If you're on the hunt for a solar company in Greenbrier, we've organized a list of our top suggestions here:
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 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 your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Greenbrier to be too steep, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.Though solar loans make adopting solar energy more accessible for Greenbrier homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can impact your pricing. Greenbrier’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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
There are a lot of companies available in Greenbrier, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: The kind of solar panel you’d like to get plays a role in which company you should go with, since different companies have access to different panels.
- Warranty: If you’re concerned about the endurance of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Greenbrier, TN Solar Cost FAQs
How much does it cost to install 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 actual cost will depend on stuff like the kind 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 appealing choice, as 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Can solar panels significantly reduce my electricity bills?
It is possible to erase 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 long do solar panels last in Greenbrier?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can decide 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.