Solar Panels Cost $0k-$0k in Fulton County, KY | February, 2025

Electricity Costs in Fulton County, KY & What that Means for Your Solar Panel Pricing

Fulton County residents generally use 1,154 kWh per month, with an average electric bill of 153.22. Apartments and compact residences, which usually have diminished energy consumption, are included in this data.

In February 2025, the electricity rate in Fulton County, KY averages 13.28¢ per kWh.

You'll spend $0 on a 10 kW solar installation after taking the 30% federal income tax credit into consideration.

Are solar panels worth it in Fulton County, KY?

Homeowners in Fulton County who expect to live in their residence beyond the payback period of their solar system will find solar panels an excellent choice. Having a 5 kW solar system in Fulton County, KY can potentially save you roughly $36,772.8 over a span of 20 years, with an average break even point of 0 years.

The cost of not having solar panels in Fulton County, KY

Besides missing out on the aforementioned savings, not having solar panels or a different backup energy source makes you fully reliant on your electric utility for electricity. The news has provided several examples demonstrating that full reliance on your utility is not always ideal.

Yearly, the utilities in Fulton County have reported about 0.71 outages per customer. Outages generally last for an average of 98.22 minutes. During major occurrences like thunderstorms, overloaded power grids, or wildlife damage, these times can extend significantly.

View the graphic below to see the number of current electricity customers without power in Fulton County.

A solar panel system, with or without a backup battery or not, could reduce the impact of future power outages you might face.

What impacts the cost of solar panels in Fulton County, KY?

Your Energy Needs - Even though larger solar panel systems have a larger initial cost, the cost per watt drops. For most individuals, setting up a system that can produce enough power to reduce their entire electric bill is useful, providing significant savings.

Make & Model - Similar to many other products, there are a variety of makes and models of solar panels on the market. The potential brand preferences of your installer mean that it is it's even more necessary to pick a highly rated company. Choosing superior quality materials generally yields a more favorable long-term experience for the buyer.

Solar Panel Type - For good reasons, monocrystalline panels have emerged as the standard in the industry. Even though they are costlier, they generate additional energy. The majority of installers use panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors like irregular terrain, trees, or other challenges can make the installation more challenging. Nowadays, solar installers commonly leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies offer varying pay rates to their employees, which are then passed on to the prices consumers pay. Businesses that invest in higher wages often see higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Reliable local installers will incorporate these figures into your preliminary estimates to avoid any surprises.