Solar Farms In Kentucky

All three projects include u s.

Solar farms in kentucky.

A favorable net metering policy that requires utilities to give you full credit for any surplus production from you solar pv system. Western kentucky will soon be home to two new solar farms able to produce a combined 230 million kilowatt hours of energy. We used daviess county s amended ordinance as our. Installing a typical 5 kw solar system should start at about 21 250.

Here s how the numbers work for a kentucky solar purchase of a 5 kw rooftop solar system. Speaking to the panel bishop said solar farms are on the horizon and i think it would be best for us to be prepared as quickly as possible. Solar farms are especially interesting for american farmers since depending on the crop solar farm profits from photovoltaic panels could end up being far greater than traditional farming practices especially in the right climates. Brown generating station in burgin in 2016.

Kentucky utilities opened a 10 megawatt solar facility at the e w. Solar alliance energy announced it has signed agreements to build commercial solar systems at three farms in kentucky and tennessee. Some 800 acres of solar panels are. An extra 500 in tax credit on top of the 30 federal tax credit when you purchase a pv system in kentucky.

Killenberg expects to see interest in developing solar farms in kentucky to ramp up due to improvements in solar technology and a greater emphasis on renewable energy from power providers like tva. A nearly 1 700 acre solar energy farm which would be the largest in kentucky is proposed to be developed on the henderson webster county line to generate power for big rivers. If the project wins approval it will be the second solar farm in mercer county. In a deal between community energy and big rivers electric corporation creating 100 megawatts 100 mw of new solar power in western kentucky.

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. Kentucky is about to catch some rays in a big way. The main incentives for going solar in kentucky are the following.