Solar Panel Cost Guide in Millersville, TN (2025 Update)
- Millersville Solar Installation Cost: $20,094
- 25-Year Savings: $8,379
- Payback Period: 22.5 Years
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Average Cost of Solar Panels in Millersville
See how much it might cost to go solar in Millersville.
While the national average of solar panels is $2.66 per watt, solar panels in Millersville typically cost about 4.To account for the typical energy needs of the average home in Millersville, most homeowners require a 8.0-kilowatt system. Using the figure above, a solar installation costs around $20,094, or $28,734 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with.Even with the significant upfront cost, the average Millersville homeowner can save about $11,000 on their energy bills over 20 years, which is one of the perks of solar.
To receive a free quote from a vetted solar installation company in Millersville, you can click the button below.
Solar savings over time in Millersville
Year | Return on Investment |
---|---|
1 years | $-18,479 |
3 years | $-15,249 |
5 years | $-12,019 |
7 years | $-8,788 |
9 years | $-5,558 |
11 years | $-2,328 |
13 years | $903 |
15 years | $4,133 |
17 years | $7,363 |
19 years | $10,594 |
21 years | $13,824 |
23 years | $17,054 |
25 years | $20,284 |
Top Solar Installers in Millersville
When making the switch to solar, many homeowners choose to go with a solar installation company since installing solar panels yourself can be a challenging project. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be best for you.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in Millersville:
See all of the solar companies in Millersville
Factors that Affect Solar Panel Costs in Millersville
Though the average cost of a solar system in Millersville is $20,094, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,580 per kilowatt in Millersville.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Millersville, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your overall costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that has 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 | $1,091 | 23.4 years |
8 kW | $3.65 | $20,449 | $1,855 | 22.9 years |
10 kW | $3.58 | $25,060 | $2,820 | 22.5 years |
12 kW | $3.51 | $29,471 | $3,985 | 22.0 years |
14 kW | $3.44 | $33,681 | $5,351 | 21.6 years |
16 kW | $3.37 | $37,690 | $6,918 | 21.1 years |
18 kW | $3.29 | $41,499 | $8,685 | 20.7 years |
20 kW | $3.22 | $45,108 | $10,652 | 20.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you want plays a part in which installer you should choose, since different companies offer different panels.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Millersville, TN Solar Cost FAQs
How much does it cost to install solar panels in Millersville?
The average cost of solar panels in Millersville 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 certain factors like the model 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 Millersville?
Leasing solar panels can be an option if you can’t 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 you sell solar power back to the grid in Millersville?
Most states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though 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 how much energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use 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.