How much do solar panels cost in 37206?

A standard 6kW residential solar system in 37206 (Nashville, TN) costs approximately $16,680 before incentives. After the 30% federal Investment Tax Credit, the net cost is $11,676.

How much will I save with solar panels in 37206?

Homeowners in 37206 can expect to save approximately $1,030 per year on electricity bills with a 6kW solar system, for a total of around $25,750 over 25 years.

How long is the payback period for solar in 37206?

The estimated payback period for a 6kW solar installation in 37206 is 11.3 years after the federal tax credit. This is based on 4.98 kWh/m²/day average solar irradiance and local electricity rates of $0.118/kWh.

Solar Panel Cost in 37206

Last updated April 14, 2026 · Source: NREL and SEIA

Nashville, Tennessee · Moderate ROI

Payback 11.3 years

6kW System Cost Breakdown

Gross Installation Cost $16,680 $2.78/W installed

Federal Tax Credit (30%) −$5,004 ITC through 2032

Net Cost After Credit $11,676 Your out-of-pocket cost

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Savings & ROI for 37206

Annual Electricity Savings $1,030 At $0.118/kWh local rate

Annual Solar Production 8,726 kWh 4.98 kWh/m²/day irradiance

Break-Even Point 11.3 years Moderate ROI

25-Year Net Savings +$14,074 After total system cost

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Solar Resource in Nashville

Nashville (37206) receives an average of 4.98 kWh/m²/day of solar irradiance, based on latitude 36.185°N and Tennessee regional weather patterns from NREL data. At the local electricity rate of $0.118/kWh, a 6kW system generates roughly $1,030 per year in bill savings.

Solar irradiance vs. US average (4.5 kWh/m²/day)

07.5 kWh/m²/day

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Nearby Zip Codes in Nashville

37201 Nashville, TN 11.3 yr payback $1,030/yr savings 37203 Nashville, TN 11.3 yr payback $1,030/yr savings 37211 Nashville, TN 11.3 yr payback $1,030/yr savings 37214 Nashville, TN 11.3 yr payback $1,030/yr savings

How We Calculate Solar Costs for 37206

Costs are based on the average price per watt for Tennessee ($2.78/W), applied to a standard 6kW residential system. Solar irradiance is derived from NREL PVWatts data for latitude 36.185°N, adjusted for local weather patterns. Electricity rate uses the Tennessee EIA average of $0.118/kWh.

The 30% federal Investment Tax Credit (ITC) applies as a credit against your federal income tax liability. Many states offer additional credits; check your state's energy office for local incentives.