Solar Savings Calculator for Kentucky

Kentucky homeowners pay an average of $140/month for electricity at 13.5¢/kWh. With 4.2 peak sun hours per day, solar can dramatically cut your energy costs.

$140
Avg Monthly Bill
13.5¢/kWh
Electricity Rate
4.2h/day
Peak Sun Hours
$42,338
Est. 25-Year Savings

Calculate Your Savings in Kentucky

Adjust Your Details for Kentucky

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
8.4 kW
Panel Count
21 panels
Total System Cost
$23,100
Federal Tax Credit (30%)
-$6,930
Net Cost
$16,170
Annual Savings
$1,680
Payback Period
9.6 years
25-Year Savings
$42,338
Return on Investment
262%

* Estimates based on 4.2 peak sun hours/day in Kentucky, system cost of $2.75/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Kentucky

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Cities in Kentucky

Select your city for a more precise estimate with local electricity rates and utility information.

Louisville

13.8¢/kWh · 4.3h sun/day

Avg bill: $142/mo · Louisville Gas & Electric (LG&E)

Lexington

13.5¢/kWh · 4.2h sun/day

Avg bill: $138/mo · Kentucky Utilities

Bowling Green

13.2¢/kWh · 4.3h sun/day

Avg bill: $135/mo · Bowling Green Municipal Utilities

Owensboro

13¢/kWh · 4.3h sun/day

Avg bill: $130/mo · Kenergy Corp

Covington

14¢/kWh · 4.1h sun/day

Avg bill: $140/mo · Duke Energy Kentucky

Richmond

13.5¢/kWh · 4.2h sun/day

Avg bill: $135/mo · Kentucky Utilities

More Solar Resources for Kentucky

Kentucky Solar IncentivesTax credits, rebates, and SRECsKentucky Cost ComparisonSolar vs. grid costs over 25 yearsKentucky System SizingHow many panels your home needsKentucky Permits & RegulationsLocal permit requirements and HOA rulesIs Solar Worth It in Kentucky?Data-driven analysis for your stateKentucky Financing OptionsCompare loans, leases, and PPAs

Go Solar in Kentucky

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