Solar Farms In Kentucky

Speaking to the panel bishop said solar farms are on the horizon and i think it would be best for us to be prepared as quickly as possible.
Solar farms in kentucky. We used daviess county s amended ordinance as our. Western kentucky will soon be home to two new solar farms able to produce a combined 230 million kilowatt hours of energy. An extra 500 in tax credit on top of the 30 federal tax credit when you purchase a pv system in kentucky. A favorable net metering policy that requires utilities to give you full credit for any surplus production from you solar pv system.
A new solar farm coming to western kentucky in 2022 promises to be the state s biggest by a wide margin. Kentucky utilities opened a 10 megawatt solar facility at the e w. Some 800 acres of solar panels are. Kentucky is about to catch some rays in a big way.
Brown generating station in burgin in 2016. Department of agriculture usda grant applications that have been submitted which provide significant support for renewable energy projects for agricultural producers. Killenberg expects to see interest in developing solar farms in kentucky to ramp up due to improvements in solar technology and a greater emphasis on renewable energy from power providers like tva. 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. 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. If the project wins approval it will be the second solar farm in mercer county. Savion is the leading solar developer in kentucky with five projects totaling over 650 million in addition to projects in over 20 states.
All three projects include u s. In a deal between community energy and big rivers electric corporation creating 100 megawatts 100 mw of new solar power in western kentucky. The main incentives for going solar in kentucky are the following.