Solar Panels Cost $12k-$22k in Pulaski County, KY | November, 2024
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How much do solar panels cost in Pulaski County, KY in 2024?
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It averages out to $3.58/W to go solar in the month of November, 2024 in Pulaski County, KY.
Expect costs to be $3,580, on average, for every 1000 watts (or 1 kW) of solar energy your solar system can generate. We can come to this conclusion by applying this rate price cost per watt above. After receiving the 30% federal tax credit, you will spend about $12,530, in Pulaski County, for a 5 kW solar system. Please consider, a 5kW system might not be sufficient to ensure your energy requirements are met.
Choose your county from the menu on the left to find the typical roof size and maximum residential solar capacity for homes in your area. You can review the price, payback period, and 20-year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Pulaski County: $12,530US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Pulaski County: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Pulaski County: $13,526US Average: $16,169
Solar Potential in Pulaski County
Estimated system size and solar electricity production per median viable roof in Pulaski County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Pulaski County, KY & What that Means for Your Solar Panel Pricing
For Pulaski County energy consumers, the typical electric bill is 130.94 per month, with a usage of 1,013 kWh. This number also factors in the energy needs of apartments and smaller homes.
As of November 2024, the mean rate for electricity per kWh in Pulaski County, KY amounts to 12.93¢.
After incentives, a 9 kW setup will cost around $22,554.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Pulaski County
Presented on the left, you will find a price breakdown for multiple solar panel system sizes set up in Pulaski County. When you select a larger solar system, the cost is greater, but it also yields more significant electricity savings and a greater income tax credit.
The breakdown of costs and benefits for solar panels, presented in the calculator down and to the right, is based on an average electric bill of $130.94 in Pulaski County. For results that are more personalized, change the $130.94 to align with your average electricity bill.
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
$12,530
Savings from a 5kWthis system
Est. yearly production 7,293 kWh
Est. monthly savings $79
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 8.64 tons a year
Equivalent to planting 397 trees a year
Equivalent to driving 21,384 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,138 a year
Est. Price
$15,036
Savings from a 6kWthis system
Est. yearly production 8,752 kWh
Est. monthly savings $95
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 10.37 tons a year
Equivalent to planting 476 trees a year
Equivalent to driving 25,661 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,327 a year
Est. Price
$17,542
Savings from a 7kWthis system
Est. yearly production 10,211 kWh
Est. monthly savings $111
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 12.09 tons a year
Equivalent to planting 556 trees a year
Equivalent to driving 29,938 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,517 a year
Est. Price
$20,048
Savings from a 8kWthis system
Est. yearly production 11,669 kWh
Est. monthly savings $126
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 13.82 tons a year
Equivalent to planting 635 trees a year
Equivalent to driving 34,215 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,707 a year
Est. Price
$22,554
Savings from a 9kWthis system
Est. yearly production 13,128 kWh
Est. monthly savings $131
Full payback in 14 years
Environmental Impacts
Reduces CO2 emissions by 14.32 tons a year
Equivalent to planting 658 trees a year
Equivalent to driving 35,455 mi less a year
Pulaski 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. Believe you fit the criteria? Verify 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 various parts of the country. On top of that, there are many state and local incentives to further promote the adoption of solar energy.
Kentucky has 6 solar rebate and incentive programs provided by various utilities and government agencies.
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 Pulaski County, KY?
If you expect to own your residence longer than the solar system's payback period, solar panels are a wise investment in Pulaski County. A 5 kW solar system in Pulaski County, KY could potentially save you $18,895.6 over the course of 20 years, with the break even point typically at 8 years.
The cost of not having solar panels in Pulaski County, KY
The absence of solar panels or an alternative energy backup means that you miss out on the savings noted earlier and depend on your electric utility for electricity. Recent news examples have indicated that full reliance on your utility provider is not always ideal.
Lately, customers in Pulaski County have typically encountered 1.13 utility outages per year. On average, the length of an outage is 143.76 minutes. Major events like heavy rain and flooding, overloaded power grids, or construction accidents can cause these durations to rise considerably.
Take a look at the info below to see the number of current electricity customers without power in Pulaski County.
A solar panel system could lessen the burden of future outages, even if it lacks a backup battery.
Power Outages
Currently, 0 customers are being tracked in Pulaski County.
What impacts the cost of solar panels in Pulaski County, KY?
Your Energy Needs - Even if the initial expense is higher, the price per watt decreases with larger solar panel systems. Many consumers realize it's a good idea to install a solar system that can generate enough power to fully cover their electric bill, because it helps them save more money.
Make & Model - Solar panels and mounting equipment, similar to many other products, come in a variety of makes and models. Because the installer you select might have particular brand preferences, selecting a highly rated company is especially important. The selection of superior equipment can greatly better the long-term experience for buyers.
Solar Panel Type - Monocrystalline panels are broadly acknowledged as the standard in the industry, and for good cause. Although they are costlier, they provide increased energy. Many installers use panels crafted from this material.
Your Property - Elements like sloping terrain, trees, or other impediments might complicate the installation process. Today, many solar installers can assess your home with satellite images and factor in these factors in the preliminary cost estimate.
Labor Rates - Variations in employee wages across companies lead to expenses that are passed on to the consumers. Companies paying higher wages usually garner better reviews for their work and customer service.
Permitting & Interconnection - The fees for local permitting and utility interconnection, which differ by area, will impact the cost of your installation. That said, reputable local installers will be able to incorporate these numbers into your preliminary quotes so there are no surprises.
See what solar panels cost in other Pulaski County cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Pulaski County, KY Solar Panel Cost FAQs
The typical cost per watt for solar panels in Pulaski County, KY as of November, 2024 is $3.58/W. After federal tax credits, the installation of a 5 kW solar panel system in Pulaski County, KY is estimated to cost $12,530.
Various utility providers and government organizations in Kentucky are offering 6 rebates and incentives at this time. Additionally, the vast majority qualify for the 30% federal tax credit.
Although cash payments offer the greatest savings, many financing options for solar panels now exist that are also cost-effective. Many installers will include information about their financing partners in the initial quotes they provide.
Yes, in Pulaski County, KY, the average time for 5 kWsolar panel systems to pay for themselves is 8 years, leading to electricity savings of $18,895.6 over a 20-year period.
Savings from 
Environmental Impacts 
