Solar Farms In Kentucky

An extra 500 in tax credit on top of the 30 federal tax credit when you purchase a pv system in kentucky.

Solar farms in kentucky.

Here s how the numbers work for a kentucky solar purchase of a 5 kw rooftop solar system. If the project wins approval it will be the second solar farm in mercer county. Kentucky utilities opened a 10 megawatt solar facility at the e w. A favorable net metering policy that requires utilities to give you full credit for any surplus production from you solar pv system.

Solar alliance energy announced it has signed agreements to build commercial solar systems at three farms in kentucky and tennessee. 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. Brown generating station in burgin in 2016. Some 800 acres of solar panels are.

Installing a typical 5 kw solar system should start at about 21 250. 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. We used daviess county s amended ordinance as our. Department of agriculture usda grant applications that have been submitted which provide significant support for renewable energy projects for agricultural producers.

All three projects include u s. In a deal between community energy and big rivers electric corporation creating 100 megawatts 100 mw of new solar power in western kentucky. 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. 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.

Kentucky is about to catch some rays in a big way. The main incentives for going solar in kentucky are the following. Western kentucky will soon be home to two new solar farms able to produce a combined 230 million kilowatt hours of energy.