Tennessee

Benefits of Going Solar in Tennessee:

1. Reduced electricity bills: With solar panels, homeowners can generate their own electricity, reducing their reliance on the grid and ultimately lowering their monthly bills.

2. Increased property value: Homes with solar panels are often valued higher on the market, providing a return on investment for homeowners.

3. Environmental benefits: Solar energy is a clean, renewable source of energy that doesn't emit harmful greenhouse gases.

4. Energy independence: Solar panels allow homeowners to become more self-sufficient in their energy use, providing a level of independence from the grid.

Top Utilities Net Metering Policies in Tennessee:

1. Nashville Electric Service (NES): NES offers net metering to residential customers with solar systems up to 10kW in capacity. Excess energy produced is credited at retail rate, with any unused credits carrying over to the next billing cycle.

2. Memphis Light, Gas and Water (MLGW): MLGW provides net metering to residential customers with solar systems up to 10kW in capacity. Excess energy produced is credited at retail rate, with any unused credits carrying over to the next billing cycle.

3. Appalachian Electric Cooperative (AEC): AEC provides net metering to residential customers with solar systems up to 25kW in capacity. Excess energy produced is credited at retail rate, with any unused credits carried over to the next billing cycle.

Rebates and Incentives in Tennessee to go solar:

1. Tennessee Solar Panel Tax Credit: This state tax credit provides a 25% rebate on the total cost of a solar system, up to $1,000 per kW of installed capacity. The credit can be carried over for up to three years if not fully used in the first year.

2. TVA Green Power Providers: This program from the Tennessee Valley Authority offers incentives to residential and commercial customers who install solar systems up to 200kW in capacity. Participants receive a performance-based incentive of up to $0.04 per kWh of electricity produced, paid annually over 10 years.

3. Property Tax Exemption: Tennessee offers a property tax exemption for residential solar installations, meaning the added value to the home from the solar system is not factored into property tax assessments.