Solar Panels Cost $0k-$0k in Clinton County, KY | November, 2024
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How much do solar panels cost in Clinton County, KY in 2024?
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For the month of November, 2024, the cost per watt for going solar in Clinton County, KY is $0/W, on average.
Stemming from the rate, you can come to the conclusion that for every 1 kW (1000 watts) your solar system can generate, you will need to invest $0 to have it installed. Typically, the expense for a 5 kW solar setup in Clinton County, after the 30% federal tax credit, comes to $0. Remember, a bigger system may be essential to ensure your energy needs are met effectively.
By selecting your county on the left, you can find out the typical roof size and the maximum capacity for residential solar on homes in your area. The following summary, 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.
Clinton County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Clinton 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.
Clinton County: $31,716US Average: $16,169
Solar Potential in Clinton County
Estimated system size and solar electricity production per median viable roof in Clinton County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Clinton County, KY & What that Means for Your Solar Panel Pricing
An energy consumer in Clinton County typically uses 1,021 kWh per month, leading to an average electric bill of 132.15. These statistics also reflects the energy consumption patterns of smaller residences, such as apartments.
In November 2024, the electricity rate in Clinton County, KY averages 12.94¢ per kWh.
Before incentives, a 9 kW solar installation is priced at about $0, with the federal tax credit providing 30% back, reducing the price to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Clinton County
To the left and below, you can find a detailed price breakdown for various solar panel system sizes installed in Clinton County. A bigger solar array will naturally cost more, but it will also provide higher electricity savings and increased income tax credits.
The breakdown of costs and benefits for solar panels, displayed in the calculator to the right and below, is based on an average electric bill of $132.15 in Clinton County. If you desire personalized results, modify the $132.15 to your average electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $948 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,293 kWh
Est. monthly savings $79
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.64 tons a year
Equivalent to planting 351 trees a year
Equivalent to driving 18,919 mi less a year
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 9.17 tons a year
Equivalent to planting 421 trees a year
Equivalent to driving 22,703 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 10.7 tons a year
Equivalent to planting 491 trees a year
Equivalent to driving 26,487 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 12.23 tons a year
Equivalent to planting 562 trees a year
Equivalent to driving 30,271 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 $132
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
Clinton County Solar Panel Installation Incentives & Rebates | 2024
With the REAP Grant, up to 100% and no less than 80% of the installation costs for solar or wind turbines may be covered for rural small business owners and farmers. Curious if you fit this category? Check your eligibility with our REAP Grant eligibility tool.
For residential solar projects, most people are eligible for the 30% federal income tax credit, making solar a practical solution in numerous parts of the country. State and local efforts are also in place to enhance the growth of solar energy use.
A variety of utilities and governmental bodies in Kentucky provide 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 Clinton County, KY?
For homeowners in Clinton County planning to remain in their homes after the payback period for solar panels, solar energy is a smart choice. Installing a 5 kW solar system in Clinton County, KY will, on average, save you $31,716 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Clinton County, KY
The absence of solar panels or another backup power source means missing out on the previously highlighted savings and full dependence on your electric utility for power. As recent examples in the news have shown, total dependence on your utility provider is not always ideal.
Recently, utilities in Clinton County have averaged an average of 2.5 outages per customer annually. On average, an outage lasts 295.12 minutes. When major events such as construction accidents, equipment failure or earthquakes occur, these durations can increase significantly
Take a look at the info below to see the number of current electricity customers without power in Clinton County.
A solar energy system, with or without a backup battery, could help reduce the effects of any future power interruptions you might experience.
Power Outages
Currently, 0 customers are being tracked in Clinton County.
What impacts the cost of solar panels in Clinton County, KY?
Your Energy Needs - Even if the initial expense is greater, the price per watt decreases with larger solar panel systems. Consumers often find that setting up a solar system that can fully cover their electric bill is extremely useful. This method leads to greater savings.
Make & Model - There are a variety of makes and models of solar panels. Because the installer you select might have specific brand preferences, choosing a reputable installer is especially important. For consumers wanting a superior long-term experience, opting for better quality models is important.
Solar Panel Type - Monocrystalline panels have earned their place as the standard in the industry, and for valid reasons. Although the cost is higher, they provide more energy. The majority of installers use these panels.
Your Property - Every home and property differs in its own way. Challenges like sloped land, trees, or other hindrances can increase the difficulty of installing solar panels. Many solar installers now are able to leverage satellite imagery to evaluate your home and incorporate these factors in the preliminary cost estimate.
Labor Rates - Employees get varying wages from different companies, and these costs are handed down to the consumers. Companies that invest in higher wages usually see higher reviews for their services and customer service.
Permitting & Interconnection - Your final installation price will be influenced by the permitting and utility interconnection fees, which vary by area. Good local installers will build these figures into your preliminary estimates to eliminate any surprises.
See what solar panels cost in other Clinton County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Clinton County?
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Clinton County, KY Solar Panel Cost FAQs
The average solar panel cost in Clinton County, KY as of November, 2024 is estimated at $0/W. After federal tax credits, the installation of a 5 kW solar panel system in Clinton County, KY is estimated to cost $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.
Cash payments provide the greatest savings, but numerous financing options for solar panels that are financially advantageous are now available. Many installers work with financing partners and will include this information in your initial quotes.
Yes, the typical payback time for 5 kW solar panel systems in Clinton County, KY is 0 years, and the expected electricity cost savings over 20 years is $31,716.