Solar panels in Kentucky

AVERAGE PAYBACK
PERIOD

8 YEARS

20 - YEAR
SAVINGS

$20,150

SOLAR PANEL COST
PER WATT

$1

THE BENEFITS OF SOLAR IN KENTUCKY

Solar energy is a sustainable and environmentally friendly solution for homeowners in Kentucky. By installing solar panels on your property, you can harness the power of the sun to generate electricity. This renewable energy source not only reduces your dependence on fossil fuels but also decreases harmful greenhouse gas emissions, promoting cleaner air and a healthier environment for future generations.

In Kentucky, solar panels can greatly benefit homeowners by reducing their electricity bills. The average residential electricity rates in the state are higher than the national average. By generating your own solar power, you can offset a significant portion of your electricity consumption, resulting in substantial savings over time. In addition, Kentucky offers net metering, which allows homeowners to sell excess solar energy back to the grid, further reducing or even eliminating electricity costs. Moreover, the installation of solar panels can potentially increase the value of your home, offering a long-term return on investment.

LITTLE BIT MORE ABOUT SOLAR PANELS IN KENTUCKY

3.5 HOURS PEAK SUN

A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².

7,544 HOMES

State Homes Powered by Solar

RANKS 43RD IN COUNTRY FOR SOLAR GROWTH

Growth Projection: 1,340 MW over the next 5 years

SINCE 2018 PEOPLE IN KENTUCKY HAVE SAVED ON AVERAGE $20,150

You can also join them, all you have to do is leave an application

WHY SHOULD YOU CONSIDER GOING SOLAR IN KENTUCKY

YOU CAN SAVE ON YOUR UTILITIES BILL

At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in 97035.

INCENTIVES AND TAX CREDITS

There are 36 solar policies and incentives in the state of Kentucky. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy.

IMPROVE THE VALUE OF YOUR HOUSE

The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Kentucky. More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

FIGHT AGAINST RISING ELECTRICITY COSTS IN Kentucky

It is no surprise that electricity costs have been increasing. The cost of electricity has risen by around 5% and that trend is expected to continue in Kentucky . Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.

SOLAR PANELS IN KENTUCKY

AVERAGE PAYBACK PERIOD