US Power & Solar

Compare home electricity rates and solar payback, state by state.

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Kentucky Solar Cheat Sheet

US Power & Solar · October 2026
Residential rate
13.8¢/kWh
Est. monthly bill (900 kWh)
$124
6 kW system output
8,046 kWh/yr
Solar payback (no incentives)
16.2 years
Verdict
Less attractive
Price change
+29% since 2015

Fair pricing & incentives

  • Fair installed price: $2.80–$3.30 per watt before incentives. Under $2.80 is a great deal; above $3.90 is likely overpriced.
  • Federal tax credit: 30% of the system cost (you must owe enough federal tax to use it).

Utilities & net metering

LG&E / KU, Kentucky Power. Mostly flat residential rates; ask about optional time-of-use plans.

Reduced export credit — exported power earns less than retail, so self-use and batteries matter more.

5 questions to ask your installer

  1. What is the total price per watt, before and after the 30% federal tax credit?
  2. Which panel and inverter brands and models will you install, and what are their warranties?
  3. What production (kWh/year) do you estimate, and what rate increase do your savings assume?
  4. Are there dealer fees, escalators or prepayment penalties in the loan or lease?
  5. Who handles permits, utility interconnection, and repairs if something goes wrong?

Data: EIA (rates) and NREL PVWatts (solar output). Estimates only; actual results vary. Utility info is a general guide.