Solar energy offers numerous benefits for homeowners in Tennessee. One of the primary advantages of solar power is its ability to generate clean and renewable energy. Unlike traditional energy sources that rely on fossil fuels, solar energy harnesses the power of the sun, resulting in significantly reduced greenhouse gas emissions. By choosing solar, homeowners can effectively reduce their carbon footprint and contribute to the fight against climate change.
Another benefit of solar energy is its potential for long-term cost savings. Solar panels allow homeowners to generate their own electricity, which can significantly reduce their reliance on the grid. In Tennessee, where electricity rates are typically higher than the national average, solar power can provide substantial financial benefits. By generating their own electricity, homeowners can offset their energy bills and potentially even receive credit for the excess power they produce through net metering programs. Over time, these savings can add up, making solar a financially viable option for homeowners in Tennessee.
A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².
State Homes Powered by Solar
Growth Projection: 1,747 MW over the next 5 years
At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in 97035.
There are 16 solar policies and incentives in the state of Tennessee. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy.
The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Tennessee. More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.