Solar Panels Cost $0k-$0k in Barren County, KY | November, 2024
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How much do solar panels cost in Barren County, KY in 2024?
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During November, 2024, the current cost of solar panels in Barren County, KY was $0/W.
Stemming from this price, solar panel installations will cost you, on average, $0 per 1000 watts (1 kW) of generation capacounty. A 5 kW solar panel system in Barren County will typically cost you $0 after applying the 30% federal tax credit. It's important to note that a bigger system might be required to satisfy your energy demands.
To your left, you have the option to choose your county and view the typical roof size along with the average maximum capacity for solar panel installations on homes in your area. The following analysis, below, highlights the price, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Barren County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Barren County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Barren County: $34,598US Average: $16,169
Solar Potential in Barren County
Estimated system size and solar electricity production per median viable roof in Barren County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Barren County, KY & What that Means for Your Solar Panel Pricing
For Barren County energy consumers, the typical monthly kWh usage is 1,126, with an average electric bill of 144.16. This figure also encompasses the energy needs of apartments and smaller homes.
In November 2024, the electricity rate in Barren County, KY is on average 12.8¢ per kWh.
Initially, a 10 kW solar system is around $0, with the federal tax credit returning 30% of your investment amount, reducing the price to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Barren County
To the left side and below, you will see the pricing details for different sizes of solar panel systems installed in Barren County. When you opt for a larger solar system, the cost is larger, but it also results in greater electricity savings and a greater income tax credit.
The solar panel cost calculator to the right and below breaks down costs and benefits, using an average $144.16 electric bill in Barren County Change the $144.16 with your typical electricity bill to get more accurate results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,138 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,752 kWh
Est. monthly savings $95
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.4 tons a year
Equivalent to planting 386 trees a year
Equivalent to driving 20,795 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,327 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,211 kWh
Est. monthly savings $111
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 9.8 tons a year
Equivalent to planting 450 trees a year
Equivalent to driving 24,261 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,517 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,669 kWh
Est. monthly savings $126
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 11.2 tons a year
Equivalent to planting 514 trees a year
Equivalent to driving 27,726 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,707 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,128 kWh
Est. monthly savings $142
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 12.6 tons a year
Equivalent to planting 579 trees a year
Equivalent to driving 31,192 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,896 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,586 kWh
Est. monthly savings $144
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 12.76 tons a year
Equivalent to planting 586 trees a year
Equivalent to driving 31,583 mi less a year
Barren County Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and farmlands might have their solar energy or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Think you are eligible? Use our REAP Grant eligibility tool to verify your qualification.
With the 30% federal income tax credit, nearly all homeowners qualify for residential solar, making it a practical option in many regions in the United States. Furthermore, many state and local programs are intended to encourage more people to use solar power.
Residents of Kentucky can access 6 solar rebate and incentive programs from a range of utilities and governmental agencies.
Solar incentives in KYIncentive Description Value
Tax Exemption for Large-Scale Renewable Energy Projects
Value:Varies
Beginning in 2007, companies operating in Kentucky may be entitled to corporate sales or income tax exemptions on new energy efficiency or renewable energy investments. A complete sales tax exemption may apply to any materials or equipment a company uses to make improvements. Certain employees whose jobs were created as part of the improvements may write off a 4% wage assessment on their own income taxes. A minimum investment of $1 million is required. New solar facilities should be rated for at least 50 KW, while systems using other renewable technology should be rated for at least 1 MW. Additional information is available from the Think Kentucky website.
On-Farm Energy Efficiency Grant Program
Value:Varies
The Office of Agricultural Policy, a unit of the office of the Kentucky governor, oversees the County Agricultural Investment Program (CAIP). Farmers may be eligible for program grants to fund energy efficiency improvements. Eligible projects for grant funding include new implements, insulation/weatherization, lighting, HVAC, windows, roofing, and smart thermostats. New solar thermal/PV systems and wind turbines may also be eligible. Equipment and building materials must meet certain state efficiency standards. Interested farmers may apply at any time and will be considered for the upcoming program year. Additional information is available from the OAP website.
Net Metering
Value:Varies
Kentucky requires private electrical utilities in the Commonwealth to collect renewable energy credits through net metering arrangements with their customers. Any solar, wind, biomass, or other renewable energy system rated for under 45 kW should have a bidirectional meter equipped to measure net excess generation (NEG) sent back to the grid. Customers will be compensated at a rate set by the state utility regulator. As of 2021, the rate per kilowatt hour is 9.746 cents. Systems entering a net metering contract must comply with certain IEEE and UL standards. Utilities reserve the right to restrict NEG exports to keep the grid stable. Additional information is available from the Kentucky Public Service Commission website.
Incentives for Energy Independence
Value:Varies
Various tax incentives are available in Kentucky to encourage renewable adoption research and adoption in the Commonwealth. New renewable generation farms, such as those using solar, wind, or biomass technology, may be totally exempt from state income tax, entity tax, and sales/use tax. Employees maintaining the systems may be entitled to tax credits equal to a 4% wage assessment on employers. Exemptions or special assessments are determined on a case-by-case basis and will last for up to 25 years. Certain administrative fees payable to the Kentucky Economic Development Finance Authority may apply. Additional information is available from the Think Kentucky website.
Energy Efficiency Loans for State Government Agencies
Value:Varies
The Green Bank of Kentucky (GBKY) received seed funding from the 2009 federal stimulus package. Currently, the Bank offers revolving loans to commonwealth government agencies for sustainability projects. Agencies may select from three different loan options. In each case, repaid principal will immediately "revolve" to support subsequent borrowers. SELF loans may fund any energy efficiency improvements or renewable energy investments that will reduce consumption by 20%. Available principal ranges from $50K to a maximum of $225K. Hybrid loans offer principal from $50K to $600K. These loans require energy audits before project work begins, the cost of which may be covered by loan funds. Agencies have the burden of procuring contractors and new equipment/materials. ESPC loans are designed for comprehensive or large-scale industrial improvements. Loan principal starts at $600K with no maximum. The applicant must use a recognized Energy Service Company or Energy Savings Performance Company for the work. Additional information is available from the GBKY website.
Interconnection Standards
Value:Varies
Distributed generation and interconnection have been standardized by the Kentucky Public Service Commission since 2009. Each energy system connected to the commonwealth grid will be assigned to a numerical "level" based on rated capacity. Systems at each level must follow recognized standards such as those set by IEEE or UL. Interconnection fees and application review turnaround will depend on the system's level. Customers must carry at least minimum liability insurance coverage on their energy system, and they may be required to install disconnect switches or other safety features by their utility. However, they will own any renewable energy credits they generate and may sell them to the utility at their discretion.
Are solar panels worth it in Barren County, KY?
For those in Barren County planning to stay in their homes past the payback period of their solar system, solar panels make excellent sense. Installing a 5 kW solar system in Barren County, KY will, on average, save you $34,598.4 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Barren County, KY
Beyond forgoing the savings highlighted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. Many recent news reports have highlighted that relying entirely on your utility isn't always ideal.
There are about 1.64 outages per customer annually in Barren County. On average, an outage lasts 244.14 minutes. When major events such as overloaded power grids, wildfires or construction accidents occur, these durations can increase significantly
View the info below to see the number of current electricity customers without power in Barren County.
A solar energy system, regardless of whether it has a backup battery or not, should help relieve the strain of future power outages you may face.
Power Outages
Currently, 0 customers are being tracked in Barren County.
What impacts the cost of solar panels in Barren County, KY?
Your Energy Needs - Larger solar panel setups come with a greater price tag, yet the cost per watt reduces as the size of the system expands. A lot of people find it useful to set up a solar energy system that can offset their entire electric bill. This ensures optimal savings.
Make & Model - Solar panels are offered in a range of makes and models. The installer you select may have certain system preferences, so it's important to select a reputable installer. For buyers desiring a superior long-term experience, choosing better quality makes and models is important.
Solar Panel Type - For good reasons, monocrystalline panels have become the standard in the industry. These panels are more expensive but generate more energy. The majority of installers in the industry use panels made of this material.
Your Property - Each property and home is one of a kind. Trees, uneven ground, or additional hindrances can increase the difficulty of installing solar panels. Using satellite images, solar installers currently can assess your home and include these elements into the preliminary cost estimate.
Labor Rates - Various wages are paid to employees by various companies, and these expenses are passed on to the consumers. It is frequently observed that companies with higher wages get superior reviews for their services and customer service.
Permitting & Interconnection - Your installation cost will be impacted by area-specific permitting and utility interconnection fees. That said, experienced local installers will be able to integrate these numbers into your preliminary quotes so there are no surprises.
See what solar panels cost in other Barren County cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Barren County, KY Solar Panel Cost FAQs
As recorded in November, 2024, the standard cost for solar panel installations in Barren County, KY is $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Barren County, KY drops to roughly $0.
There are 6 rebates and incentives available in Kentucky from a range of utility providers and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
While cash payments offer the most savings, there are now many financing options for solar panels that are also financially beneficial. Financing partners are often associated with many installers, and this will be provided in your initial quotes.
Yes, in Barren County, KY, the average time for 5 kWsolar panel systems to pay for themselves is 0 years, leading to electricity savings of $34,598.4 over a 20-year period.