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SolarReviews | Kentucky Solar Power Rebates and Incentives
Solar Power Rebates, Tax Credits and Solar Panel Incentives in Kentucky; 2012 Update
Kentucky has the basic solar power incentives but has not done as much as most other states.
Federal Tax Credit
The single most significant financial incentive for your solar power system in Kentucky is the same Federal Tax Credit that applies right across the USA. This gives you a credit on your Federal Tax bill equivalent to 30% of the cost of your solar system For more information on this visit out page "The 30% federal tax credit for residential solar power systems" Because this is a tax credit you get the benefit of this when you do your next federal tax return, rather than getting a cheque on the day of installation. Still, it has a real value if you are in a position where you are paying annual federal income tax equivalent to 30% or more of the value of your solar panel system.
Kentucky supports net metering for solar power systems up to 30kW in size. The net metering system in Kentucky is more complicated than most, so it is important for potential solar customers to check with their own power utility as to the regulations that apply to you.
Kentucky State Tax Exemptions and State Tax Credits
A personal tax credit up to a maximum of $500 applies to solar power installations in Kentucky.
Kentucky Solar Incentives and investment case: Summary April 2012
Kentucky has a long way to go if it wants to catch up with some of the other states. The Net Metering program in Kentucky is overly complicated but it's better than nothing. You can click "here" and get quotes from local solar professionals.