Solar Panel Cost Guide in Rogersville, TN (Mar 2023)
- Rogersville Solar Installation Cost: $13,927
- 25-Year Savings: $18,667
- Payback Period: 10.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Rogersville
Find out how much it might cost to install solar panels in Rogersville.
In Rogersville, solar panels cost about 2.49 per watt on average. To account for the typical energy usage of the average home in Rogersville, most homeowners require a 8.0-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,927, or $19,916 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and your own solar costs will most likely vary based on your energy needs and what company you want to go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Rogersville can save around $16,000 on their power bills over 20 years.
To get a free estimate from a pre-vetted solar installation company in Rogersville, you can click the button below.
Solar savings over time in Rogersville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,623 |
| 3 years | $-10,015 |
| 5 years | $-7,408 |
| 7 years | $-4,800 |
| 9 years | $-2,193 |
| 11 years | $414 |
| 13 years | $3,022 |
| 15 years | $5,629 |
| 17 years | $8,237 |
| 19 years | $10,844 |
| 21 years | $13,452 |
| 23 years | $16,059 |
| 25 years | $18,667 |
Top Solar Installers in Rogersville
Trying to put up solar panels by yourself can be a stressful project, which is why getting a solar installer is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you decide which one will be best for your home.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Rogersville
Factors that Affect Solar Panel Costs in Rogersville
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Rogersville: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The size of the solar panel 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, your total will most likely increase by about $2,490. The kind of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Rogersville homeowners decide to finance their solar panel systems to offset upfront costs. When estimating your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Rogersville is the company you choose to install your PV system. Similar to choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that offer a range of services at different costs. You may come across national solar installers that have lower prices due to 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 size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.59 | $10,876 | $13,605 | 11.1 years |
| 8 kW | $2.54 | $14,223 | $18,419 | 10.9 years |
| 10 kW | $2.49 | $17,430 | $23,373 | 10.7 years |
| 12 kW | $2.44 | $20,498 | $28,466 | 10.5 years |
| 14 kW | $2.39 | $23,426 | $33,698 | 10.3 years |
| 16 kW | $2.34 | $26,215 | $39,070 | 10.0 years |
| 18 kW | $2.29 | $28,864 | $44,581 | 9.8 years |
| 20 kW | $2.24 | $31,374 | $50,232 | 9.6 years |
How to Save on Solar Panels
There are numerous companies available in Rogersville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Rogersville, TN Solar Cost FAQs
How much does it cost to install solar panels in Rogersville?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,450 for a 5-kW system and $24,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a key 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 keep in mind are the quality and durability of your solar panels.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $816.06 per year.
How long do solar panels last in Rogersville?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.