Energy costs in kentucky are about 3 5 cents per kilowatt hour less than the national average largely because of the state s vast coal reserves.
Solar power regulations in kentucky.
The cost of solar power has fallen 80 to 90 in the last 10 years making it accessible to so many more.
If you re lucky enough to enjoy the low utility fees prevalent in kentucky you can save even more money while saving the planet by taking advantage of some of the financial incentives for solar power available to state residents.
Kentucky has no rps renewable portfolio standards.
The laws are written in a way that makes it illegal for a home not to be connected to the electric grid.
Kentucky has one of the lowest average costs per watt for solar power a bonus to those who value clean green energy usage.
Composting toilets are legal in.
On top of that arizona charges a solar tax to people with grid connected solar.
We believe in the environmental benefits of solar but 2 218 is a lot of money to pay for something that usually saves you money over the long term.
Kyses member seth long is a resident of ermine kentucky the executive director of homes inc and a net metering customer of kentucky power.
We use a 6 return to evaluate all solar investments and kentucky s 2 218 npv on a solar loan means you d be that much better off investing your money in stocks over 25 years than solar.
Kentucky does not have a legal framework for solar leasing and power purchase agreements which means that the only option for going solar with 0 down is to get a loan ideally a low interest heloc home equity line of credit.
Three states have no limit arizona new jersey and ohio.
Arizona is one of the worst states for off grid solar.
There are several sources of renewable energy including solar wind geothermal and hydroelectric power.
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.
February 15 2019 01 33 pm order reprint.
Kentucky house passes solar power bill with changes that could lead to showdown by john cheves.
Rhode island has a 5 mw limit and new mexico has a limit of 80 mw.
Renewable energy is an environmentally responsible alternative to fossil fuels.
Solar energy has enormous potential for the people of eastern kentucky said mr.
In kentucky the kentucky public service commission is a public utilities commission and a quasi judicial regulatory tribunal.
The kentucky solar energy society is lobbying to increase the limit noting that 17 states allow at least 2 mw capacity to use net metering.