Is Kentucky a Good State for Solar Panels?
One of the crucial points regarding the installation of solar panels (SP) is the number of sunny days in the area where you live. According to official statistics, the average number of sunny days across the country is 205 days. In KY, the average is 198 days, which is nice. This indicates that your SP will be able to accumulate sunlight and heat without any problems. And you can get the most out of your purchase.
Another important parameter is the number of houses in which such systems have already been installed. Referring to the data provided by the https://www.seia.org/states-map 20,533 houses are equipped with SP. In the state there are 43 rather large enterprises for the manufacture and maintenance of SP, which is also another good incentive for the purchase of SP.
Another strong argument is the state’s support for those who purchase solar panels in the form of a 30% tax credit. In this way you can significantly reduce your solar panel purchase costs.
Finally, if you have surplus energy you can sell it and get paid for it. This is a great additional source of income.
To summarize everything mentioned above buying SP in KY is not just a tribute to fashion. It’s a great investment in your future and the future of our planet as a whole. First you invest in this project then it works for you for 25 or more years!
Can You Get Free Solar Panels in Kentucky?
There are ways when you can get SP without paying money up front. These are solar leasing, rebates and tax credits. You can take out an installment plan or use the 30% tax credit. So in Kentucky you can’t get a panel for free, but you can avoid paying money up front by taking advantage of one of the state’s programs.
For instance, the federal Investment Tax Credit (ITC) allows deducting a percentage of the cost of a solar energy system for home dwellers from their federal taxes. They are aimed at to promoting the adoption of solar energy, reduce dependence on traditional energy sources, and contribute to environmental sustainability in Kentucky.
How Much do Solar Panels Cost in Kentucky?
SP installation in the state of KY will cost you an average of $7,500 to $15,500. When calculating the cost of SP installation, you should consider the main parameters that determine the final cost. So these include:
- the work itself and the installation;
- the pricing policy of your city;
- the type of equipment to be installed;
- roof reinforcement if necessary;
- tax credit incentive.
Pros and Cons of Installing Solar Panels in Kentucky
Pros | Cons |
198 sunny day for proper SP operation; 20,533 houses equipped with SP; Solar panel tax credit cut off up to 30% of the initial price; Increases the value of your home; You save on electricity bills; You can sell your extra energy and get money; You become eco friendly. | High cost; Not attractive design. |
To join eco-friendly community, do the following:
- Fill out the application form on our website.
- Receive and compare competitive offers to select the best option for your needs.
- Make a deal.
- Begin your journey towards saving the planet with renewable energy.