Solar Panel Savings in Soddy-Daisy, TN
Calculate how much you can save with solar panels in Soddy-Daisy, Tennessee. Based on 5 peak sun hours/day and 12.1¢/kWh average electricity rate.
5
Peak Sun Hours/Day
12.1¢
Avg Rate (¢/kWh)
13.4 yr
Payback Period
$36k
25-Year Savings
Soddy-Daisy Solar Overview
Calculate Your Soddy-Daisy Solar Savings
Soddy-Daisy average: $109/mo
South-facing roofs produce the most energy
Add $8,000-$12,000 for whole-home battery backup
Annual Production
kWh/year
Annual Savings
per year
Net System Cost
after 30% ITC
Payback Period
break-even time
25-Year Total Savings
$36,241
Monthly Savings
$88
Federal Tax Credit
$5,958
Cumulative Savings vs System Cost
Cost Breakdown
| Item | Soddy-Daisy | National Avg |
|---|---|---|
| Gross System Cost (6kW) | $19,860 | $17,100 |
| Federal Tax Credit (30%) | -$5,958 | -$5,130 |
| Net System Cost | $13,902 | $11,970 |
| Cost Per Watt | $3.31/W | $2.85/W |
Solar Potential in Soddy-Daisy
Sun Hours vs National Average
Soddy-Daisy gets 11% more sun than the national average.
Climate Advantages
- 212 sunny days per year
- Average temperature: 60°F — moderate climate with good solar conditions
- Average roof size: 1,628 sq ft — enough for a 90-panel system
Soddy-Daisy Solar Incentives & Programs
Federal Investment Tax Credit (ITC)
30% of total system cost deducted from federal taxes. For a $19,860 system, that's a $5,958 credit. Valid through 2032.
Tennessee State Incentives
Federal 30% ITC; check local utility for additional rebates.
Net Metering — TVA
TVA does not currently offer standard net metering in Soddy-Daisy. Alternative buyback programs may be available — contact them for details.
Environmental Impact in Soddy-Daisy
3.7
Tons CO2 Offset/Year
60
Equivalent Trees Planted
0.8
Homes Worth of Energy
Based on 8,760 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.
Solar Energy in Soddy-Daisy, Tennessee
Soddy-Daisy, Tennessee receives an average of 5 peak sun hours per day, providing excellent conditions for residential solar installations. With electricity rates averaging 12.1¢ per kWh from TVA, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.
A typical 6kW solar system in Soddy-Daisy produces approximately 8,760 kWh per year, saving homeowners an estimated $1,061 annually. The system pays for itself in about 13.1 years, after which you enjoy essentially free electricity for the remaining 12+ years of the system's warranty life.
Soddy-Daisy has a solar penetration rate of 5.2% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 88.9 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.
Other Cities in Tennessee
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Frequently Asked Questions
How much do solar panels cost in Soddy-Daisy, TN?
The average cost of a 6kW solar panel system in Soddy-Daisy is approximately $19,860 before incentives ($3.31/watt). After the 30% federal Investment Tax Credit, the net cost is about $13,902. Federal 30% ITC; check local utility for additional rebates.
How many peak sun hours does Soddy-Daisy get?
Soddy-Daisy, TN receives an average of 5 peak sun hours per day and approximately 212 sunny days per year. This is above the national average of 4.5 hours, making it an excellent location for solar energy.
What is the solar payback period in Soddy-Daisy?
The average solar payback period in Soddy-Daisy is approximately 13.4 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $36,241.
Does Soddy-Daisy have net metering?
Soddy-Daisy does not currently have standard net metering. However, TVA may offer alternative solar buyback programs. Contact them for current rates and policies.
Is solar worth it in Soddy-Daisy, TN?
Yes, solar is a solid investment in Soddy-Daisy. While the 13.4-year payback is moderate, you'll still save $36,241 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.