Solar Panels Cost $0k-$0k in Washington County, KY | November, 2024
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How much do solar panels cost in Washington County, KY in 2024?
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During November, 2024, the typical cost of solar panels in Washington County, KY was $0/W.
In accordance with the cost, solar panel installations will cost you about $0 per 1K (or 1000 watts) of generation capacounty. In Washington County, the cost of a 5 kW solar installation is typically $0, after the 30% federal tax credit. It's vital to realize that a higher capacity system might be necessary to meet your energy requirements.
To the left,choose your area to find out the average roof size and the average maximum capacity of solar panel systems for homes in your county. Below is a full analysis of the price, 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.
Washington County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Washington 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.
Washington County: $34,838US Average: $16,169
Solar Potential in Washington County
Estimated system size and solar electricity production per median viable roof in Washington County.
Roof size 804sq. ft.
Capacity 11.25kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Washington County, KY & What that Means for Your Solar Panel Pricing
Washington County residents generally use 1,271 kWh per month, with an average electric bill of 145.16. Apartments and compact residences, which usually have diminished energy consumption, are included in this data.
In November 2024, the electricity rate in Washington County, KY averages 11.42¢ per kWh.
You'll spend $0 on an 11 kW solar installation after taking the 30% federal income tax credit into consideration.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Washington County
Presented on the left, you will find a pricing structure for various solar panel system sizes set up in Washington County. A more extensive solar array will naturally cost more, but it will also offer more significant electricity savings and more substantial income tax credits.
The solar panel calculator, located to the right and below, provides a detailed cost and benefit analysis based on a typical $145.16 electric bill for Washington County. To get tailored results, easily adjust the $145.16to reflect your typical electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,123 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,211 kWh
Est. monthly savings $94
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.24 tons a year
Equivalent to planting 379 trees a year
Equivalent to driving 20,403 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,284 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,669 kWh
Est. monthly savings $107
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 9.42 tons a year
Equivalent to planting 433 trees a year
Equivalent to driving 23,317 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,444 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,128 kWh
Est. monthly savings $120
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 26,232 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,605 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,586 kWh
Est. monthly savings $134
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 11.78 tons a year
Equivalent to planting 541 trees a year
Equivalent to driving 29,147 mi less a year
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $1,765 a year
Est. Price
$0
Savings from a 11kWthis system
Est. yearly production 16,045 kWh
Est. monthly savings $145
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
Washington County Solar Panel Installation Incentives & Rebates | 2024
Small businesses and farms in rural areas may see between 80% and 100% of their solar or wind turbine installation costs covered by the REAP Grant. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.
Almost all homeowners can benefit from the 30% federal income tax credit for residential solar, making solar energy a sensible option across most parts of the country. Alongside federal incentives, there are many state and local efforts to encourage solar energy adoption.
Several utilities and government agencies in Kentucky currently offer 6 solar rebates and incentives.
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 Washington County, KY?
Homeowners in Washington 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 Washington County, KY can potentially save you roughly $34,838.4 over a span of 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Washington 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 Washington County have reported about 1.19 outages per customer. Outages generally last for an average of 142.42 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 Washington County.
A solar panel system, with or without a backup battery or not, could reduce the impact of future power outages you might face.
Power Outages
Currently, 0 customers are being tracked in Washington County.
What impacts the cost of solar panels in Washington 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.
See what solar panels cost in other Washington County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Washington County?
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Washington County, KY Solar Panel Cost FAQs
As of November, 2024, the typical cost for solar panels in Washington County, KY is $0/W. Installing a 5 kW solar panel system in Washington County, KY will cost approximately $0 after applying the federal tax credit.
Residents of Kentucky can currently take advantage of 6 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.
Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also financially advantageous. Many installers will detail information about financing options in their initial quotes.
Yes, the average 5 kW solar panel payback time in Washington County, KY is 0 years, with expected savings of $34,838.4 on electricity over 20 years.
Savings from 
Environmental Impacts 
