Kentucky solar power incentives tax breaks and rebates.
Solar panels for ky.
Unfortunately the kentucky legislature is currently squandering the state s considerable solar power potential.
Without any solar incentives in place aside from the tva generation partners program cost after year 1 remain higher than most other states and the payback time frame.
The consensus on kentucky solar power rebates and incentives.
However it is currently near the bottom in terms of solar capacity installed ranking 44th in the nation with only enough energy to power 4 758 homes solar panel installation prices have fallen making now a good time to go green with solar power in kentucky.
Federal solar tax credit.
Therefore the main incentives for solar power in kentucky are the 500 tax credit and a favorable net metering policy.
Kentucky does not have a renewable portfolio standard requiring local utilities to meet a certain renewable energy percentage by a specified date.
This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.
Kentucky has one of the lowest average costs per watt for solar power a bonus to those who value clean green energy usage.