Although Tennessee has picturesque scenery and plenty of sunshine, there has not been much in the way of state-sponsored legislation to promote renewable energy sources. This is due, in part, to the easily available coal in the region, although there are some incentives at the local levels in Tennessee to help you keep your wallet heavy and your carbon footprint light.
Tennessee has a solar rating of “good,” meaning that with local and federal incentives, a 3 kilowatt (kW) home solar system costing around $15,000 would pay for itself within 10 years. Not only would you be saving over $800 a year on utility bills with such a system, but these generally increase property values by about $10,000.
The main program that would apply to many of Tennessee’s resident’s would be the Tennessee Valley Authority (TVA) Generation Partners Program, but you may also quality for a Small Business Energy Loan. As always the best thing to do is to speak to a local Tennessee solar installer to find all your possible ways to reduce your costs.