Solar Panel Cost Guide in Mount Pleasant, TN (2024 Update)

  • Mount Pleasant Solar Installation Cost: $19,765
  • 25-Year Savings: $15,183
  • Payback Period: 17.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated May 20, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Mount Pleasant

Let’s have a look at the average cost of solar panels in Mount Pleasant.

The national average cost of solar panels is $2.66 per watt, but in Mount Pleasant it’s 4 per watt.The average solar panel system size in Mount Pleasant is around 7.9 kilowatts, meaning a cost of about $19,765 for a solar installation, or $28,264 before the 0 federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Mount Pleasant homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Despite the significant initial cost, the average Mount Pleasant homeowner can save around $15,000 on their power bills over 20 years, which is one of the perks of solar.

To calculate your potential ROI and connect with a local solar installer, click the button below.

Solar savings over time in Mount Pleasant

YearReturn on Investment
1 years$-18,224
3 years$-15,141
5 years$-12,059
7 years$-8,976
9 years$-5,894
11 years$-2,811
13 years$272
15 years$3,354
17 years$6,437
19 years$9,519
21 years$12,602
23 years$15,685
25 years$18,767

Top Solar Installers in Mount Pleasant

When going solar, many homeowners prefer to use a solar installer since installing solar panels yourself can be a difficult project. A solar installer can also help save you money in the long run by offering warranties, repairs and component replacements.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

Best Technology

Tesla Energy

★★★★★
3.2
  • 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 Mount Pleasant

Factors that Affect Solar Panel Costs in Mount Pleasant

The cost of installing a solar system in Mount Pleasant can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,580.There are a lot of different solar panel brands and the one you choose also changes the cost. In general, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Mount Pleasant, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.

Solar Panel Installation Company

The last major cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Mount Pleasant, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, 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 sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.72$15,637$6,37017.8 years
8 kW$3.65$20,449$8,89517.4 years
10 kW$3.58$25,060$11,62017.1 years
12 kW$3.51$29,471$14,54516.7 years
14 kW$3.44$33,681$17,67116.4 years
16 kW$3.37$37,690$20,99716.1 years
18 kW$3.29$41,499$24,52415.7 years
20 kW$3.22$45,108$28,25115.4 years

How to Save on Solar Panels

The company that does your 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: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
  • Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable 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 good reviews from past customers.
  • Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.

Best Technology

Tesla Energy

★★★★★
3.2
  • 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 Mount Pleasant, TN Solar Cost FAQs

How much does it cost to install solar panels in Mount Pleasant?

This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Mount Pleasant?

A solar panel system isn’t free in Mount Pleasant, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Is it worth going solar in Mount Pleasant?

Solar panels can be a good investment for lots of 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.

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 average daily sunlight your roof gets. You can take a 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.