Solar Panels Cost $0k-$0k in Union County, KY | November, 2024
High Power Bills?
Reduce or replace your electricity bill with solar
No data available
How much do solar panels cost in Union County, KY in 2024?
No data available
The typical cost per watt for solar panel systems in Union County, KY in November, 2024 is estimated at $0/W.
Expect the cost to be $0, on average, for every 1000 watts (or 1 kW) of solar energy your panels can produce. You are able to come up with this number in accordance with this rate price cost. Applying the 30% federal tax credit, the average price for a 5 kW solar panel system in Union County is around $0. It's important to note that a higher capacity system could be essential to fulfill your energy demands.
To the left, you can choose your county to view the average roof size and the average maximum production capacity for residential solar on houses in your area. Below is a full overview of the costs, 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.
Union County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Union 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.
Union County: $39,422US Average: $16,169
Solar Potential in Union County
Estimated system size and solar electricity production per median viable roof in Union County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Union County, KY & What that Means for Your Solar Panel Pricing
On average, Union County residents use 1,161 kWh each month, and the electric bill is 164.26. This statistic also reflects data from apartments and smaller homes with less energy demand.
The average rate for electricity in Union County, KY during November, 2024 is 14.14¢ per kWh.
The price of a a 10 kW solar installation is approximately $0 upfront, but the federal tax credit offers a 30% credit, reducing your total to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Union County
Presented on the left and below is the cost analysis for various sizes of the solar panel systems installed in Union County. More extensive solar installations come with a greater cost, yet they also offer greater electricity savings and more generous income tax credits.
Check the solar panel cost calculator below and to the right to see the cost and benefit details based on an average $164.26 electric bill in Union County. Personalized results can be achieved by adjusting the $164.26 to your average bill amount.
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 $1,225 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,752 kWh
Est. monthly savings $102
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.95 tons a year
Equivalent to planting 365 trees a year
Equivalent to driving 19,679 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,429 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,211 kWh
Est. monthly savings $119
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 9.28 tons a year
Equivalent to planting 426 trees a year
Equivalent to driving 22,959 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,634 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,669 kWh
Est. monthly savings $136
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 10.6 tons a year
Equivalent to planting 487 trees a year
Equivalent to driving 26,239 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,838 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,128 kWh
Est. monthly savings $153
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 11.93 tons a year
Equivalent to planting 548 trees a year
Equivalent to driving 29,518 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,042 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,586 kWh
Est. monthly savings $164
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
Union County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. To see if you qualify, use our REAP Grant eligibility tool.
For those considering residential solar, the 30% federal income tax credit is offered to nearly everyone, making solar power a good investment in many parts of the country. A range of state and local initiatives are offered to support the use of solar energy.
There are 6 solar rebate and incentive programs currently available in Kentucky by 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 Union County, KY?
If you're intending to stay in your home past the period required to pay back your solar investment, opting for solar panels is a smart decision in Union County. A 5 kW solar system in Union County, KY could potentially save you $39,422.4 over the course of 20 years, with the break even point averaging at 0 years.
The cost of not having solar panels in Union County, KY
The absence of solar panels or an alternative energy backup means that you miss out on the savings mentioned earlier and depend on your electric utility for electricity. The news has given several examples highlighting that full reliance on your utility isn't always the best idea.
Customers in Union County have experienced an average of 1.05 utility outages per year in recent times. Usually, outages have an average duration of 105.09 minutes. However, during critical events like winter storms, grid management errors, or wildlife damage, these times can extend dramatically.
View the component below to see the number of current electricity customers without power in Union County.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Union County.
What impacts the cost of solar panels in Union County, KY?
Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt drops as the size of the system expands. Installing a solar system that generates sufficient electricity to eliminate their electric bill is beneficial to most consumers, leading to savings.
Make & Model - There are numerous brands and models of solar panels and mounting equipment. Since your installer may prefer particular systems, it's important to choose a highly rated company. Opting for higher quality equipment generally provides a more satisfying long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's easy to see why. They are associated with a higher price, but they provide more energy. The majority of solar panel installers prefer this kind of material.
Your Property - Each property and residence is unique. Issues such as trees, uneven landscapes, or additional challenges may add to the complexity of the installation. Solar installers currently have the ability to utilize satellite images to evaluate your home and incorporate these elements in the initial cost estimate.
Labor Rates - The wage differences between companies result in costs that are passed on to the consumers. Businesses frequently receive higher reviews for their services and customer service when they pay higher wages.
Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will affect your final installation price. Reliable local installers will build these figures into your initial estimates to avoid any surprises.
See what solar panels cost in other Union County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Union County?
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Union County, KY Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Union County, KY is $0/W. The installation of a 5 kW solar panel system in Union County, KY will cost about $0 after federal tax credits.
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.
Choosing to pay cash offers the most savings, but today there are many financing options for solar panels that are also financially advantageous. Information about financing options will often be included in your initial quotes by many installers.
Yes, in Union County, KY, the average payback period for 5 kW solar panels is 0 years, resulting in average electricity savings of $39,422.4 over 20 years.
Savings from 
Environmental Impacts 
