How big of a discount can the state send you on a solar panel in Tennessee?

Question

I have been eyeing this solar panel:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160219725943&ssPageName=ADME:B:WNARL:US:1123

and was wondering just how much money I might get back from the government in the form of rebates since it's UL listed. If it's just $5, that's not too exciting. Thanks for reading.

Answer 1

There may be utility loans or rebates:

http://www.dsireusa.org/library/includes...

Answer 2

Tennessee doesn't offer any tax incentives or rebates for residential consumers, however the TVA (Tennessee Valley Authority, which supplies power to your local power company) does offer a program where residential customers can sell their green power back for a credit on their electric bill. The price varies based on your power company, but it is in the range of 15-20 cents/kilowatt-hour.

I would say your best bet would be to check with your local power company first to determine the price they would offer to buy your renewable energy. A link to a list of power suppliers is the third source link.

You might also be eligible for a federal tax credit on your system. The credit is for approximately 30% of the total cost, including instillation. A link to a TVA supplied pamphlet on the Federal Solar Tax Credit is the fourth source link.

Hope this helps!

Answer 3

i think it's fed and i think you can get thousands