Kentucky is a great state for solar panels, but the upfront costs for their purchase and installation can be painful for the family budget. To avoid this, take advantage of solar incentives in Kentucky.
The US government wants more people to go solar: it’s a modern and green way of getting energy. This is why the Solar Investment Tax Credit (ITC) program was developed. It allows American citizens to claim 30% of the cost of their installation as an income tax deduction. The cost here is not only solar panels but also shipping, installation expenses and more. For example, if your system overall made you spend $10,000, the government returns you $3,000. To claim the ITC, complete all the necessary forms and submit them when filing your taxes.
Solar laws in Kentucky allow any client of an investor-owned utility or a rural electric cooperative to participate in a net metering program. This gives solar adopters an opportunity to send the excess electricity back to the grid instead of storing it with a battery.
When you sell your solar power to the utility, you receive credits that can be used to offset your next bills. In Kentucky, their value is equal to full retail electricity price. When you send more electricity than you receive, these credits start accumulating. They appear regularly on your bills and may be carried forward indefinitely. The credits can’t be transferred, sold or retired.
A solar easement contract is a written agreement between you and some other party, for example, your neighbor. It serves to protect your right to access direct sunlight. A solar easement will safeguard your panels from potential impairments, such as vegetation or structures. It is voluntary and tied to the land, not the owner. Any such agreement must be created in written form and must meet the general requirements for legal contracts.
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Years of experience in translation and a love of nature help Julia find the right words to encourage going solar. She joined the team in 2023 and is happy to make her contribution to a greener future.
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