Solar Energy Kentucky

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.

Solar energy kentucky. This is lower than the average price of residential solar power systems across the united states which is currently 2 53 per watt. Solar panel cost data kentucky 2020 updated. Kyses newsletter for q3 2020 released september 2020. Kentucky solar power incentives tax breaks and rebates.

As kentucky s number one renewable energy company solar energy solutions is dedicated to the design development and construction of best in class residential institutional and commercial solar energy projects throughout the bluegrass state. With over 1 700 operating installations we lead the solar power industry in our professional. Installing a typical 5 kw solar system should start at about 21 250. Here s how the numbers work for a kentucky solar purchase of a 5 kw rooftop solar system.

Therefore the main incentives for solar power in kentucky are the 500 tax credit and a favorable net metering policy. Kentucky has one of the lowest average costs per watt for solar power a bonus to those who value clean green energy usage. As of sep 2020 the average cost of solar panels in kentucky is 2 34 per watt making a typical 6000 watt 6 kw solar system 10 398 after claiming the 26 federal solar tax credit now available. The feds calculate their 30 tax credit based on actual out of pocket costs so you ll get 6 375 back as a tax credit for a new price after year 1 of 14 875.