Solar Panels Cost $0k-$0k in Hart County, KY | November, 2024
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How much do solar panels cost in Hart County, KY in 2024?
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Having solar panels installed averages out to $0/W in November, 2024 in Hart County, KY.
Or in other words, for every 1000 watts (or 1 Kw) your system can generate you will spend $0 to get your system installed in . Applying the 30% federal tax credit, the average expense for a 5 kW solar system in Hart County is about $0. Don't forget, a more powerful system could be necessary to meet your energy needs.
To the left, you can choose your county to determine the average roof size and the maximum capacity of solar panel systems for houses in your area. Below, you'll see a detailed summary of the costs, payback period, and 20-year typical 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.
Hart County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Hart 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.
Hart County: $34,315US Average: $16,169
Solar Potential in Hart County
Estimated system size and solar electricity production per median viable roof in Hart County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Hart County, KY & What that Means for Your Solar Panel Pricing
An energy consumer in Hart County typically uses 1,120 kWh per month, leading to an average electric bill of 142.98. These figures also cover apartments and other smaller homes with less energy demand.
For November 2024, Hart County, KY's mean electricity rate is 12.77¢ per kWh.
After incentives, a 10 kW setup costs around $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Hart County
Presented on the left and below is the pricing structure for various sizes of the solar panel systems installed in Hart County. The more extensive the solar array, the higher the initial expense, but also the more considerable electricity savings and income tax credits you'll get.
The calculator to the right and below provides a detailed summary of solar panel costs and benefits, based on an average electric bill of $142.98 in Hart County. By modifying the $142.98 to your usual electricity bill, you can get customized 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 8.47 tons a year
Equivalent to planting 389 trees a year
Equivalent to driving 20,957 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 9.88 tons a year
Equivalent to planting 454 trees a year
Equivalent to driving 24,450 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 11.29 tons a year
Equivalent to planting 518 trees a year
Equivalent to driving 27,942 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 12.7 tons a year
Equivalent to planting 583 trees a year
Equivalent to driving 31,435 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 $143
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
Hart County Solar Panel Installation Incentives & Rebates | 2024
Rural small business owners and farmers could receive REAP Grant funding covering between 80% and 100% of their solar energy or wind turbine installation costs. Believe you fall into this category? Verify your qualification with our REAP Grant eligibility tool.
Nearly all residents can qualify for a 30% federal income tax credit for residential solar, which makes it a sensible option in various areas of the United States. On top of that, there are various state and local incentives to further encourage the adoption of solar energy.
Multiple utilities and government agencies in Kentucky provide 6 solar rebate and incentive initiatives.
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 Hart County, KY?
For those looking to stay in their home past the solar system's payback period, solar panels are a wise investment in Hart County. In Hart County, KY, a 5 kW solar system installation might save you $34,315.2 on average over 20 years, with a usual break even point of 0 years.
The cost of not having solar panels in Hart County, KY
If you don't have solar panels or an alternate backup power source, you miss out on the aforementioned savings and your household is completely dependent on your electric utility for electricity. Recent news reports have shown that total reliance on your utility is not always the best situation.
Hart County utilities have averaged 1.06 outages per customer per year in recent times. On average, the length of an outage is 195 minutes. Major events like wildlife damage, overloaded power grids or hurricanes can cause these durations to rise considerably.
See the component below to see the number of current electricity customers without power in Hart County.
A solar panel system could lessen the burden of future outages, even if it is without a backup battery.
Power Outages
Currently, 0 customers are being tracked in Hart County.
What impacts the cost of solar panels in Hart County, KY?
Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is decreased as the system size expands. Many consumers realize it's a smart idea to install a solar system that can generate enough power to fully cover their electric bill, because it helps them reduce costs.
Make & Model - Similar to many other products, there are different makes and models of solar panels to choose from. The installer’s preference for brand makes it essential to select a reputable company. Choosing better quality materials usually ensures a more favorable long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have established themselves as the industry standard, and for good reasons. Although they are pricier, they generate increased energy. Most installers use panels constructed from this material.
Your Property - Every home and property differs in its own way. Challenges like trees, irregular terrain, or other impediments can increase the difficulty of installing solar panels. Solar installers currently commonly use satellite imagery to assess your home and include these considerations into the preliminary cost estimate.
Labor Rates - The differing wages that companies give their employees result in costs that are inevitably passed on to consumers. It is typical for companies that offer higher wages to get better reviews for their services and customer service.
Permitting & Interconnection - The fees for local permitting and utility interconnection, which vary by area, will influence the cost of your installation. Reliable installers will factor these costs into your first quotes to prevent unexpected expenses.
See what solar panels cost in other Hart County cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Hart County, KY Solar Panel Cost FAQs
As of November, 2024, the average solar panel installation cost in Hart County, KY has reached $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Hart County, KY drops to roughly $0.
There are 6 rebates and incentives available in Kentucky from a range of utility providers and government organizations. On top of that, nearly everyone can qualify for the 30% federal tax credit.
While paying cash ensures the most savings, numerous financing options for solar panels exist that also are financially sensible. Financing options are often provided by installers and may be included in your initial quotes.
Yes, the average time to recoup the cost of 5 kW solar panels in Hart County, KY is 0 years, with homeowners saving an average of $34,315.2 on electricity over 20 years.
Savings from 
Environmental Impacts 
