Fair Viability

Is Solar Worth It in Tennessee in 2026?

Complete analysis of solar costs, incentives, net metering, and payback for Tennessee homeowners — without the federal ITC.

Cost Per Watt

$2.70

installed

Electricity Rate

$0.128

per kWh

Payback (No ITC)

15.3 yr

current reality

Payback (With 30% ITC)

10.7 yr

hypothetical

25-Year ROI

63%

return on investment

Incentive Breakdown — Tennessee

Available incentives for a typical 7kW residential solar system in Tennessee

Federal ITC (25D)

Expired

The federal solar Investment Tax Credit expired on January 1, 2026. No federal credit available for new installations.

State Tax Credit

None

Tennessee does not offer a state tax credit for solar installations.

SREC Market

Not Available

Tennessee does not have a traditional SREC market.

Property Tax Exemption

No statewide property tax exemption for solar

Sales Tax Exemption

No statewide sales tax exemption for solar

Key Incentives: Limited state-level solar incentives.

Solar Math — With vs Without Federal ITC

Cost breakdown for a typical 7kW residential system in Tennessee

2026 Reality (No Federal ITC)

System Size
7 kW
Cost per Watt
$2.70/W
Gross Cost
$18,900
Federal ITC
$0
Net Cost
$18,900
Annual Savings
$1,234/yr
Payback Period
15.3 years

Hypothetical (With 30% ITC)

System Size
7 kW
Cost per Watt
$2.70/W
Gross Cost
$18,900
Federal ITC (30%)
-$5,670
Net Cost
$13,230
Annual Savings
$1,234/yr
Payback Period
10.7 years

Impact: Without the federal ITC, Tennessee homeowners face a 4.6-year longer payback period — paying $5,670 more out of pocket.

Net Metering Policy — Tennessee

How Tennessee compensates your excess solar production

None No Statewide Net Metering

No statewide net metering mandate. Export compensation varies by utility and is typically minimal.

Tennessee (TVA territory) does not have traditional net metering. TVA offers Green Power Providers or Dispersed Power Production programs.

Cost Per Watt Benchmark — Tennessee

Tennessee Average

$2.70/W

National Average

$3.05/W

Typical 7kW System

$18,900

$2.00/W $3.50/W $5.00/W

Tennessee's average installed cost is below the national average of $3.05/W

Breakeven Timeline

Without the federal ITC, a typical 7kW system in Tennessee breaks even in 15.3 years. With the former 30% ITC, payback would drop to 10.7 years.

Without Federal ITC

15.3

years to break even

With Former 30% ITC

10.7

years to break even

Production Details

Peak Sun Hours4.9 hrs/day
Production1377 kWh/kW/yr
Annual Production$9,640 kWh
Annual Savings$1,234

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