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Here s how the numbers work for a kentucky solar purchase of a 5 kw rooftop solar system.
Kentucky law used to require utilities to offer full retail net metering to their customers which meant that customers received the full retail value for each kilowatt hour kwh of energy their solar panel systems produced.
Kentucky does not have a renewable portfolio standard requiring local utilities to meet a certain renewable energy percentage by a specified date.
Learn about the company that brings solar energy to homes and businesses across the midwest.
We are solar in kentucky indiana ohio.
However it is currently near the bottom in terms of solar capacity installed ranking 44th in the nation with only enough energy to power 4 758 homes solar panel installation prices have fallen making now a good time to go green with solar power in kentucky.
Kyses newsletter for q3 2020 released september 2020.
Installing a typical 5 kw solar system should start at about 21 250.
It s time to go solar.
The new bill allows the public service.
Kentucky has one of the lowest average costs per watt for solar power a bonus to those who value clean green energy usage.
Therefore the main incentives for solar power in kentucky are the 500 tax credit and a favorable net metering policy.
The natural choice for sustainable energy.
The kentucky solar energy society s mission is to promote the use of renewable energy energy efficiency and conservation in kentucky through education advocacy networking and demonstration of practical applications.
Kentucky solar power incentives tax breaks and rebates.
Electricity is just so cheap in kentucky right now a solar system for you home isn t a good investment unless the environmental benefits are worth at least 3 946 to you.
However in 2019 kentucky passed a senate bill that could dramatically change the future of net metering.
Energy independence means a brighter cleaner future.