As renewable energy systems continue to gain popularity, many homeowners in Tennessee are turning to solar energy systems. A solar setup can help them save money by reducing their energy bills and carbon footprint.

What Are the Best Solar Companies in Tennessee?

Below are the top solar companies you can work with in Tennessee for an effective solar energy system.

LightWave Solar

LightWave Solar has a reputation for providing high-quality solar installations in Tennessee. They have been in the solar industry for over 17 years, and their team consists of experienced professionals passionate about renewable energy.

LightWave Solar has received numerous awards and recognition for its work, including being named one of the Top Solar Contractors in the US by Solar Power World for eleven years. Furthermore, LightWave obtained the 72nd position on the Top Solar EPCs list and the 56th on the Top Solar + Storage Installers list.

Greene Tech Renewable Energy

Since 2008, Greene Tech Energy has maintained and installed solar energy systems for Tennessee's residential, commercial, and industrial properties. They provide access to tax credits for their systems to make the transition to solar energy more affordable to customers.

Greene Tech Renewable Energy also offers a complete system audit and report to ensure your solar setup is working to the best of its abilities.

SunPro Power

SunPro Power is a renewable energy company that designs and installs solar energy systems for residential, commercial, and industrial clients. They offer a range of services, including solar panel installation and energy storage solutions.

In 2021, ADT acquired SunPower Pro to expand its territory and provide better services. Now, ADT has a customer-centric approach to solar energy solutions. They take the time to understand each client’s unique needs and preferences and recommend customized solutions tailored to their needs.

ReNew Solar Solutions

ReNew Solar Solutions offers a full range of solar energy solutions, including solar panel installation, maintenance, repair, energy storage solutions, and energy efficiency upgrades. Clients can get all the solar energy solutions from one provider, saving time and money.

In addition to solar system installation, they provide energy efficiency upgrades. These modifications can help clients save on energy bills and reduce their carbon footprint.

Average Cost of Solar Panels and Installation in Tennessee

According to EnergySage, the average cost of a residential solar power installation in Tennessee ranges between $13,260 and $17,940 as of September 2023, with the exact price depending on the size of the solar system, energy usage, and the specific solar company chosen.

Solar panels have also decreased, with the average cost per watt ranging from $2.65 to $3.59 in Tennessee. Solar owners in Tennessee enjoy an average solar payback period of 12.71 years for their investment.

Tennessee Solar Incentives, Tax Credits, and Solar Rebates

Tennessee solar panels come with incentives, tax credits, and rebates to help residents and businesses install solar energy systems. Here are some of the incentives currently available:

Solar easement and rights

Tennessee law guarantees homeowners and businesses the right to generate electricity using solar energy systems.

TVA green power providers

The Tennessee Valley Authority (TVA) offers a program called Green Power Providers (GPP) that pays participants for the solar energy they generate. Residential and commercial customers can participate in the program and receive a credit on their monthly electric bill for the solar energy they produce.

Solar property tax exemption

The Tennessee Solar Property Tax Exemption allows homeowners who install solar panels on their properties to limit the property tax assessment of the solar equipment to 12.5% of the total system value.

Federal solar tax credit

The government provides a 30% solar tax credit for solar panel systems installed between 2022 and 2032. The rate is expected to drop to 22% by 2034.

Note that incentives and tax credits can change over time. So, it’s best to check with the appropriate agencies and organizations to confirm current availability and eligibility requirements.

How to Choose the Right Tennessee Solar Company

Here are some tips on how to choose the right solar power company to ensure your investment is worthwhile:

Research

Check different websites, read customer reviews, and learn about the company’s experience and qualifications.

License and insurance

Ensure the solar company is licensed and insured in Tennessee to protect yourself and your property in case of accidents or damages.

Experience

An experienced solar company will have the knowledge and skills to handle any challenges during installation.

Quality products

Choose a company that uses high-quality solar panels and equipment, to ensure your solar system is efficient and long-lasting.

Customer service

Find a company that provides excellent customer service. A good solar company will be responsive, transparent, and willing to answer any questions.

Financing options:

Look for a solar company that offers financing options or helps you navigate available incentives and federal solar tax credits.

Take your time and compare different options to find the best fit for your unique energy needs.

Call Solar America Today

Solar America is here to help simplify the process of obtaining solar for your property. Our service connects you with highly-rated solar installation professionals in your area, so you can rest assured that you’ll receive quality service. To start your solar journey, call us at 1-855-999-6970 today or visit our website to get started today.