Solar energy is an excellent investment as it allows you to reduce your monthly energy bills increase your home s overall value and decrease your carbon footprint.
Find price for solar panel installation in lexington ky.
Here s how the numbers work for a kentucky solar purchase of a 5 kw rooftop solar system.
Solar savings in lexington fayette ky.
The incentive is offered at 1 00 to 1 35 per watt for up to 5 kilowatts.
While you can install your own solar panels it s definitely not easy.
Installing a typical 5 kw solar system should start at about 21 250.
According to the u s.
The feds calculate their 30 tax credit based on actual out of pocket costs so you ll get 6 375 back as a tax credit for a new price after year 1 of 14 875.
Finding out how many solar panels you need is one of the final steps in sizing your home solar or rv solar kit.
3 8 kw x 1000 3 830 watts needed to produce.
Kentucky has one of the lowest average costs per watt for solar power a bonus to those who value clean green energy usage.
Check back soon or request a quote and we ll try to find someone to help.
However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt.
When combined with federal solar rebates your solar panel installation will be approximately 50 less because of the incentives.
For solar panels in lexington ky talk to the experts at synergy home.
We have solar installation professionals servicing louisville lexington bowling green owensboro covington hopkinsville richmond and just about everywhere else in kentucky.
Average solar panel cost.
Current kentucky solar incentives include generous rebates for solar electric and solar hot water systems.
Hire the best solar panel installers in lexington ky on homeadvisor.
Solar panel installation by certified lexington solar installers.
Solar power companies in lexington ky.
Department of energy s q4 16 sunshot report the median price of residential solar in major markets was 4 20 per watt with the lowest 20 at approximately 3 50 per watt.
Find out more by talking to one of the many kentucky solar installers in our network today.
Example 18 kwh 4 7 average sun hours 3 8 kw ac lexington home solar panel kit.
National data september 2020.
No solar providers found in kentucky.
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However it is currently near the bottom in terms of solar capacity installed ranking 44th in the nation with only enough energy to power 4 758 homes solar panel installation prices have fallen making now a good time to go green with solar power in kentucky.
The following companies do solar power installation and financing in kentucky.
The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.