Solar Panels Cost $0k-$0k in Gallatin County, KY | December, 2024
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How much do solar panels cost in Gallatin County, KY in 2024?
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To go solar is around $0 per watt in Gallatin County, KY in December, 2024.
It will cost $0, on average, per 1000 watts (1 kW) your panels can produce. A 5 kW system in Gallatin County averages approximately $0 after accounting for the 30% federal income tax credit. A 5kW system may not be big enough to fully meet your energy needs.
On the left, you can choose your county to find the typical roof size and the maximum capacity for solar panels on houses 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.
Gallatin County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Gallatin 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.
Gallatin County: $35,976US Average: $16,152
Solar Potential in Gallatin County
Estimated system size and solar electricity production per median viable roof in Gallatin County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Gallatin County, KY & What that Means for Your Solar Panel Pricing
In Gallatin County, the average electric bill is 149.90 per month, and residents use 1,176 kWh. Smaller houses, such as condos and duplexes, are also encompassed in the figures mentioned in the previous sentence.
As of December 2024, the mean rate for electricity per kWh in Gallatin County, KY amounts to 12.75¢.
At this time, a 10 kW solar system is priced at $0, but with a 30% tax credit, it is reduced to $0
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Gallatin County
Displayed on the left and below is the pricing structure for various sizes of solar panel systems installed in Gallatin County. When you opt for a bigger solar system, the cost is greater, but it also yields more significant electricity savings and a more substantial income tax credit.
The solar panel calculator, positioned down and to the right, provides a detailed cost and benefit analysis based on a typical $149.90 electric bill for Gallatin County. For tailored results, update the $149.90 to what your average electricity bill is.
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 8.04 tons a year
Equivalent to planting 369 trees a year
Equivalent to driving 19,894 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 9.38 tons a year
Equivalent to planting 431 trees a year
Equivalent to driving 23,210 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 10.72 tons a year
Equivalent to planting 492 trees a year
Equivalent to driving 26,526 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 12.06 tons a year
Equivalent to planting 554 trees a year
Equivalent to driving 29,842 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 $150
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 12.72 tons a year
Equivalent to planting 584 trees a year
Equivalent to driving 31,475 mi less a year
Gallatin County Solar Panel Installation Incentives & Rebates | 2024
Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing solar energy or wind energy systems. Not sure if you are eligible? Use our REAP Grant eligibility tool to verify.
For those considering residential solar, the 30% federal income tax credit is offered to nearly everyone, which makes solar power a smart investment in numerous parts of the country. A variety of regional and state programs are in place to support solar energy adoption.
A total of 6 solar incentive and rebate initiatives are available in Kentucky from multiple utilities and government bodies.
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 Gallatin County, KY?
For those looking to stay in their home past the solar system's payback period, solar panels are a smart investment in Gallatin County. By installing a 5 kW solar system in Gallatin County, KY, you can expect to save roughly $35,976 over 20 years, with the break even point generally being 0 years.
The cost of not having solar panels in Gallatin County, KY
If you don't have solar panels or an alternate backup power source, you forgo the previously mentioned savings and your household is completely dependent on your electric utility for electricity. As shown by numerous recent news reports, total reliance on your utility isn't always the best situation.
Each year, the average number of outages per customer in Gallatin County is about 0.99. Outages generally last for an average of 92.76 minutes. During major occurrences like winter storms, wildlife damage, or overloaded power grids, these times can extend significantly.
Take a look at the graphic below to see the number of current electricity customers without power in Gallatin County.
A solar energy system, with or without a backup battery or not, can relieve the pressure of future power outages you may face.
Power Outages
Currently, 0 customers are being tracked in Gallatin County.
What impacts the cost of solar panels in Gallatin County, KY?
Your Energy Needs - When opting for larger solar panel systems, the overall expense is greater; however, the cost per watt decreases with an increase in system size. Homeowners often find that setting up a solar system to replace their electric bill is a good move, resulting in the most savings.
Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. Because the installer you choose might have particular brand preferences, selecting a recommended contractor is especially important. Opting for higher quality equipment generally ensures a more favorable long-term experience for the buyer.
Solar Panel Type - For valid reasons, monocrystalline panels have emerged as the standard in the industry. They have a higher price, but they produce more energy. Many solar panel installers choose this type of material.
Your Property - Every home and property differs in its own way. Challenges like uneven land, trees, or other challenges can increase the difficulty of installing solar panels. These days, solar installers commonly utilize satellite images to assess your home and factor in these considerations into the first cost estimate.
Labor Rates - The varied employee wages paid by companies lead to costs that consumers ultimately paying . Higher wages generally correlate with better reviews for businesses' services and customer service.
Permitting & Interconnection - Installation costs will be influenced by varying local permitting and utility interconnection fees, depending on the region. That said, experienced local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.
See what solar panels cost in other Gallatin County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Gallatin County?
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Gallatin County, KY Solar Panel Cost FAQs
In December, 2024, the average cost of solar panels per watt in Gallatin County, KY is $0/W. A 5 kW solar panel system will cost you around $0 in Gallatin County, KY after the federal tax credit is applied.
In Kentucky, you have access to 6 rebates and incentives provided by numerous utilities and government organizations. Moreover, nearly everyone is 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 options from installers will often be detailed in your initial quotes.
Yes, homeowners in Gallatin County, KY can expect 5 kW solar panels to pay off in 0 years, with an estimated $35,976 in electricity savings during a 20-year span.
Savings from 
Environmental Impacts 
