Solar Panel Cost Guide in Johnson City, TN (2023 Update)
- Johnson City Solar Installation Cost: $14,327
- 25-Year Savings: $20,619
- Payback Period: 10.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Johnson City
Let's have a look at the average cost of solar panels in Johnson City.
In Johnson City, solar panels cost about 2.49 per watt on average. Because a 8.2-kW system is needed to cover the energy costs of a typical home in Johnson City, the average price of going solar will be about $14,327 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you want, your solar contractor and more. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $16,000 in savings on energy bills over 20 years.
To receive a free estimate from a highly rated solar company in Johnson City, you can click the button below.
Solar savings over time in Johnson City
| Year | Return on Investment |
|---|---|
| 1 years | $-12,930 |
| 3 years | $-10,134 |
| 5 years | $-7,338 |
| 7 years | $-4,543 |
| 9 years | $-1,747 |
| 11 years | $1,049 |
| 13 years | $3,844 |
| 15 years | $6,640 |
| 17 years | $9,436 |
| 19 years | $12,231 |
| 21 years | $15,027 |
| 23 years | $17,823 |
| 25 years | $20,619 |
Top Solar Installers in Johnson City
Although it's possible to install solar panels yourself, it involves extra labor and handiness. Because of that, the majority of homeowners choose a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and part replacements.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Johnson City
Factors that Affect Solar Panel Costs in Johnson City
There are a number of criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,490. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Johnson City average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Johnson City, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Johnson City is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for example, you'll have no shortage of solar installers that provide a range of services at different costs. You may notice 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 major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.59 | $10,876 | $14,643 | 10.7 years |
| 8 kW | $2.54 | $14,223 | $19,803 | 10.4 years |
| 10 kW | $2.49 | $17,430 | $25,103 | 10.2 years |
| 12 kW | $2.44 | $20,498 | $30,542 | 10.0 years |
| 14 kW | $2.39 | $23,426 | $36,120 | 9.8 years |
| 16 kW | $2.34 | $26,215 | $41,838 | 9.6 years |
| 18 kW | $2.29 | $28,864 | $47,695 | 9.4 years |
| 20 kW | $2.24 | $31,374 | $53,692 | 9.2 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though 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 make sure you peruse their list of offerings before deciding.
- Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Johnson City, TN Solar Cost FAQs
How much does it cost to install solar panels in Johnson City?
The average cost of solar panels in Johnson City is about $12,450 for a 5-kW system and $24,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Johnson City?
Leasing solar panels can be an appealing choice, as it usually comes with low or $0 upfront payments. The drawback 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.
Is it worth going solar in Johnson City?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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.