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Kentucky Solar Rebates
Installing home solar panels is an affordable reality thanks to advancing technology and Kentucky solar rebates and incentives. Kentucky solar rebates drastically lower solar installation costs to help you take advantage of all the good clean solar power.
The federal government provides a 30 percent Federal Investment Tax Credit for the total cost of home solar installation. Kentucky also offers a renewable energy tax credit for solar space and water heat and solar PV systems. Solar PV systems can receive $3.00/Watt DC. This is capped at $500.
A helpful Kentucky solar incentive is net-metering. All investor-owned utilities and electric co-ops are mandated to offer this. Customers with solar panel systems of 15kW or less are eligible to be credited for excess power they produce at the utility’s retail rate. This is a Kentucky solar rebate that enables your electric meter to run backward.
Tennessee Valley Authority customers can participate in the Green Power Switch Generation Partners program. Commercial and home solar panel owners can sell 100% of their output to TVA for 15 cents per kilowatt-hour. They also provide an additional $500 incentive to help with initial solar installation costs for residential customers.
Undoubtedly, there is room for improvement with Kentucky solar rebates. Thanks to the increasing popularity of solar installation, most likely more Kentucky solar rebates and incentives will be available in the future. Solar experts at Solar Panels Online will work with you to obtain all available Kentucky solar rebates and solar incentives to ensure you maximize on your solar installation savings.
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SOLAR PANELS
