Solar Panels Cost $0k-$0k in Butler County, KY | November, 2024
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How much do solar panels cost in Butler County, KY in 2024?
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To get solar installed averages out to $0 per watt in Butler County, KY in November, 2024.
Each 1 kW (1000 watts) of solar generation capacounty will require an investment of $0 for installation. You can conclude this by using this rate price cost above. Subtracting the 30% federal tax credit, a 5 kW panel install in Butler County typically costs $0. Keep in mind that a larger system could be necessary to fully meet your energy needs.
By selecting your county on the left, you can see the average roof size and the average maximum capacity for residential solar panel systems in your area. See below a comprehensive breakdown of the {price|costs, 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.
Butler County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Butler 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.
Butler County: $36,065US Average: $16,169
Solar Potential in Butler County
Estimated system size and solar electricity production per median viable roof in Butler County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Butler County, KY & What that Means for Your Solar Panel Pricing
Every month, a typical Butler County energy consumer uses 1,261 kWh, leading to an average bill of 150.27. This dataencompass apartments and smaller dwellings with reduced energy consumption.
Butler County, KY's electricity rate averages 11.92¢ per kWh in November 2024.
Presently, an 11 kW solar setup will cost you roughly $0upfront, but thanks to the 30% federal tax credit, you get a 30% reimbursement, bringing the cost down to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Butler County
Displayed on the left side, you will find a detailed price breakdown of the various sizes of solar panel systems set up in Butler County. More extensive solar installations come with a higher price, yet they also provide greater electricity savings and more generous income tax credits.
The cost-benefit analysis for solar panels, presented in the calculator below and to the right, is based on an average electric bill of $150.27 in Butler County. Adjust the $150.27 to your average bill payment for more accurate results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,225 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,211 kWh
Est. monthly savings $102
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.69 tons a year
Equivalent to planting 399 trees a year
Equivalent to driving 21,516 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,400 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,669 kWh
Est. monthly savings $117
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 9.93 tons a year
Equivalent to planting 456 trees a year
Equivalent to driving 24,589 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,575 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,128 kWh
Est. monthly savings $131
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 11.18 tons a year
Equivalent to planting 513 trees a year
Equivalent to driving 27,663 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,750 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,586 kWh
Est. monthly savings $146
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 12.42 tons a year
Equivalent to planting 570 trees a year
Equivalent to driving 30,737 mi less a year
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $1,925 a year
Est. Price
$0
Savings from a 11kWthis system
Est. yearly production 16,045 kWh
Est. monthly savings $150
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
Butler County Solar Panel Installation Incentives & Rebates | 2024
Small businesses and agricultural enterprises in rural areas may see between 80% and 100% of their photovoltaic or wind turbine installation costs covered by the REAP Grant. Wondering about your eligibility? Use our REAP Grant eligibility tool to check.
When it comes to residential solar, the majority of people qualify for the 30% federal income tax credit, which makes solar a sensible option in most regions of the nation. In addition, many state and local programs work to further encourage the adoption of solar power.
In Kentucky, different utilities and government bodies offer 6 solar rebate and incentive programs.
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 Butler County, KY?
Homeowners in Butler County who plan to live in their residence beyond the payback period of their solar system will find solar panels an clear choice. By installing a 5 kW solar system in Butler County, KY, you can expect to save approximately $36,064.8 over 20 years, with the break even point typically being 0 years.
The cost of not having solar panels in Butler County, KY
The lack of solar panels or an alternative energy backup means you'll forgo the earlier mentioned savings and be entirely reliant on your electric utility for power. Recent news has proven that total reliance on your utility company isn't always the best option.
In recent times, customers in Butler County have encountered an average of 1.6 outages per year. Outages typically last for an average of 161.9 minutes. Major occurrences like heavy rain and flooding, equipment failure, or vandalism can lead to a significant rise in these time frames.
Take a look at the graphic below to see the number of current electricity customers without power in Butler County.
Even without a backup battery, a solar panel system can reduce the pressure of future outages you may experience.
Power Outages
Currently, 0 customers are being tracked in Butler County.
What impacts the cost of solar panels in Butler County, KY?
Your Energy Needs - Larger solar panel systems have a larger initial cost, yet the average cost per watt drops as the system size grows. Most individuals find it useful to set up a solar system that can generate enough electricity to replace the entirety of their electric bill. This math makes the most sense for increased savings.
Make & Model - Just like other products, solar panels come in a variety of makes and models. As your installer may prefer specific brands, it's important to choose a highly rated installer. For consumers wanting a more favorable long-term experience, choosing higher quality makes and models is critical.
Solar Panel Type - It's understandable that monocrystalline panels are now the industry standard. They are more expensive but provide more energy. Many professionals in solar installation utilize panels constructed from this material.
Your Property - Each property and home has its own characteristics. Factors like uneven ground, trees, or other considerations can make the installation more challenging. By using satellite images, most solar installers nowadays can assess your home and incorporate these elements into the initial cost estimate.
Labor Rates - The varied employee wages paid by companies result in costs that consumers eventually paying . Higher wages often correlate with better reviews for companies' services and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will influence your installation cost. Good installers will factor these costs into your first quotes to prevent unexpected expenses.
See what solar panels cost in other Butler County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Butler County?
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Butler County, KY Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Butler County, KY is $0/W. In Butler County, KY, installing a 5 kW solar panel system will set you back approximately $0 after federal tax incentives.
Utilities and government agencies in Kentucky are currently offering 6 different rebates and incentives. Additionally, the vast majority qualify for the 30% federal tax credit.
Paying in cash results in the highest savings, but there are numerous financing options available today for solar panels that are also cost-effective. Financing options are often provided by installers and may be included in your initial quotes.
Yes, in Butler County, KY, the average payback period for 5 kW solar panels is 0 years, resulting in average electricity savings of $36,064.8 over 20 years.
Savings from 
Environmental Impacts 
