Solar Panels Cost $0k-$0k in Bath County, KY | November, 2024
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How much do solar panels cost in Bath County, KY in 2024?
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Getting a solar system is about $0 per watt in the month of November, 2024 in Bath County, KY.
It will cost $0, on average, for every 1000 watts (1 kW) your solar panels is able to generate. After applying the 30% federal tax credit, a 5 kW panel install in Bath County typically costs $0. Depending on your energy consumption habits, you might require a bigger system.
Use the menu on the left to pick your county and find out the average roof size and the average maximum capacity for residential solar on residences in your area. Below, you can see a summary of the price, payback period and 20 year average savings for a 5 kW system installed in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Bath County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Bath 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.
Bath County: $34,709US Average: $16,169
Solar Potential in Bath County
Estimated system size and solar electricity production per median viable roof in Bath County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Bath County, KY & What that Means for Your Solar Panel Pricing
Bath County's average monthly kWh consumption is 1,116, with the average electric bill around 144.62. This figure also includes data from apartments and smaller homes with lower energy needs.
The rate of electricity in Bath County, KY, averaging, is 12.96¢ per kWh in November 2024.
Right now, a 10 kW setup is priced at around $0 before incentives, but after the 30% federal tax credit, the total comes to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Bath County
Visible below and to the left is the price structure for multiple sizes of solar panel systems in Bath County. More extensive solar installations carry a greater cost, yet they also provide higher electricity savings and more generous income tax credits.
In the calculator located to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $144.62 electric bill for Bath County. Simply change the $144.62 to your typical electricity bill for 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 8.35 tons a year
Equivalent to planting 384 trees a year
Equivalent to driving 20,668 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 9.74 tons a year
Equivalent to planting 447 trees a year
Equivalent to driving 24,112 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 11.13 tons a year
Equivalent to planting 511 trees a year
Equivalent to driving 27,557 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 12.52 tons a year
Equivalent to planting 575 trees a year
Equivalent to driving 31,002 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 $145
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 12.77 tons a year
Equivalent to planting 587 trees a year
Equivalent to driving 31,608 mi less a year
Bath County Solar Panel Installation Incentives & Rebates | 2024
Between 80% and 100% of your solar or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. Think you fit this category? Check your qualification with our REAP Grant eligibility tool.
Homeowners can benefit from a 30% federal income tax credit for adding residential solar panels, making solar power a feasible option across much of the country. Additionally, a number of state and local programs are available to promote solar adoption.
Residents of Kentucky can access 6 solar rebate and incentive programs from a range of utilities and governmental organizations.
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 Bath County, KY?
If you're intending to reside in your home past the solar system's payback period, solar panels are a wise decision in Bath County. If you install a 5 kW solar system in Bath County, KY, you might save $34,708.8 over 20 years on average, with a break even point at roughly 0 years.
The cost of not having solar panels in Bath County, KY
Apart from missing out on the savings highlighted earlier, not having solar panels or an alternative backup energy source leaves you fully reliant on your electric utility for electricity. The media has demonstrated several cases where complete reliance on your utility isn't always the best scenario.
In recent years, utilities in Bath County have had an average of 1.12 outages per customer annually. The typical duration of each outage is 143.74 minutes. When significant events such as planned maintenance, grid management errors or heavy rain and flooding occur, these time frames can become much longer.
Take a look at the info below to see the number of current electricity customers without power in Bath County.
Regardless of whether a backup battery is included or not, a solar panel system could reduce the strain of possible future outages.
Power Outages
Currently, 0 customers are being tracked in Bath County.
What impacts the cost of solar panels in Bath County, KY?
Your Energy Needs - The cost per watt is reduced with larger solar panel systems, even though the initial cost is higher. A lot of people find it advantageous to set up a solar energy system that can fully cover their entire electric bill. This results in optimal savings.
Make & Model - Similar to many products, solar panels come in a variety of makes and models. The potential system preferences of your contractor mean that it is it's even more vital to select a recommended company. The employment of superior materials is likely to result in a more favorable long-term experience for buyers.
Solar Panel Type - Monocrystalline panels have secured their spot as the industry standard, and for valid reasons. Even with a higher cost, this technology yield more energy. Most installers opt for panels constructed using this material.
Your Property - Each property and home has its own unique features. Irregular terrain, trees, or additional hindrances may add to the difficulty of the installation. These days, satellite images enable many solar installers to assess your home and include these elements into the preliminary cost estimate.
Labor Rates - The varying wages that companies offer their employees lead to costs that are ultimately borne by consumers. Businesses paying more to their employees typically receive higher reviews for their services and customer service.
Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Quality local installers will integrate these numbers into your preliminary quotes to avoid any surprises.
See what solar panels cost in other Bath County cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Bath County, KY Solar Panel Cost FAQs
As of November, 2024, the average cost for solar panels in Bath County, KY is $0/W. In Bath County, KY, the cost of installing a 5 kW solar panel system is approximately $0 after applying the federal tax credit.
In Kentucky, you have access to 6 rebates and incentives provided by numerous utilities and government organizations. In addition, the 30% federal income tax credit is available to almost everyone.
Although paying in cash offers the most savings, numerous financing options for solar panels now exist that are cost-effective. Many installers have financing partners and will provide this information in your initial quotes.
Yes, homeowners in Bath County, KY can expect 5 kW solar panels to pay off in 0 years, with an estimated $34,708.8 in electricity savings during a 20-year span.