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
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.

More Solar Resources for Kentucky

Ready to Go Solar in Kentucky?

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