Kentucky Solar Information

Kentucky isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Kentucky offer net metering. As always in Kentucky you are entitled to the 30% federal tax credit.

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Kentucky ranks in America for savings from installing solar panels on
5721.46 kWh

AC Energy output every year in Kentucky in 4 kW system
4.93 kWh

Solar Radiation (kWh / m2 / day)
11 ¢ /kWh

The cost of electricity today in Inter County Energy Coop
24 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years

Kentucky Solar Facts

$1.35
Average cost of a 4kw solar power system in 2019.
4 years
Average system payback period.
$50 524
Average lifetime savings.
4 ¢ /kWh
Levelized cost of solar energy.
5 kW
Recommended system size.

Choose relevant panels Calculate your system

How much do solar panels cost in Kentucky
$1.35 per watt

Cash purchased solar system

Before 30% solar tax credit
$5 965 total

Estimated system cost

Before 30% solar tax credit
4 years

Average system payback period

Solar power in Kentucky has been growing in recent years due to new technological improvements and a variety of regulatory actions and financial incentives, particularly a 30% federal tax credit, available through 2016, for any size project. Kentucky could generate 10% of all of the electricity used in the United States from land cleared from coal mining in the state. Covering just one-fifth with photovoltaics would supply all of the state's electricity.

The Berea Solar Farm is a community solar farm, which opened with 60 235-watt solar panels (14.1 kW). All of the available panels sold out in four days.

A 2 MW single axis tracking solar farm began operation in 2011 in Bowling Green. As of 2011, the largest system on any farm in the state was the 100.32 kW array completed on November 1, 2011, in Fancy Farms. The first hospital in the state to use solar power is Rockcastle Regional Hospital in Mt. Vernon, which installed a 60.9 kW array on the roof in November, 2011.

In 2015, Fort Campbell installed a 1.9MW solar farm that provides 10% of the electricity used by the base.

Kentucky's only maker of solar panels is Alternative Energy Kentucky.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you get solar

kWH

$ per kWH

According to Inter County Energy Coop, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

4.42 kW medium system size

Provides up to 80% of electricity consumption

$1.35 per watt

Average system cost

14 x 325 watt

solar panels
+
14 x 300 watt

microinverter
+
1 x 5 000 watt

inverter

$86.48 / month

Estimated savings on your average quarterly bill

$5 965.03

Estimated system cost
Excludes 30% Federal Tax Credit.
This price does not include the installation cost.
4 years

Average system payback period
$50 523.98

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

11 ¢ /kWh

The cost of electricity today in Inter County Energy Coop
24 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
4 ¢ /kWh

levelized cost of solar energy