Solar Panel ROI in 37201

Nashville, Tennessee — Is solar worth it here? Here's what the data says.

1.9x ROI Score
12.9 yrs Payback Period
$1,036/yr Annual Savings
$25,900 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,036
·
Payback 12.9 yrs
·
25-yr savings $25,900

Solar Calculator for 37201 (Nashville)

Adjust values to see your personalized solar ROI estimate for Nashville, Tennessee.

kW
$
$ /kWh
5.01 kWh/m²/day
Based on NREL data for Nashville, TN
ROI Score 1.9x
Annual Production 8,778 kWh
Annual Savings $1,036
Payback Period 12.9 years
25-Year Savings $25,900
After 30% ITC $9,380

Solar Data for 37201 – Nashville, TN

Solar Irradiance 5.01 kWh/m²/day +1% vs national avg
vs Tennessee Avg +0% State avg: 4.82 kWh/m²/day
Electricity Rate $0.118/kWh Tennessee average rate
Annual Production 8,778 kWh 6kW system estimate

Nashville's 5.01 kWh/m²/day is 1% above the national average. At $0.118/kWh, the 12.9-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for Nashville, Tennessee

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $13,400 system, that's $4,020 back.

Net Metering

Most Tennessee utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

Tennessee State Programs

Check with the Tennessee energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Nashville.

37201 vs Tennessee Average

Solar Irradiance
37201: 5.01 TN avg: 4.82
Payback Period
37201: 12.9 yrs TN avg: 14.2 yrs
Annual Savings
37201: $1,036 TN avg: $945
25-Year Savings
37201: $25,900 TN avg: $23,625

See the full Tennessee solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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