Cost & Savings Breakdown
Based on $150/month electric bill in Elizabethtown
System Size
8.8 kW
Annual Production
11,587 kWh
Gross System Cost
$24,691
Federal Tax Credit (30%)
-$7,407
State Incentive
None
Net Cost
$17,284
Monthly Savings
$122
CO₂ Offset/yr
10,660 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityLG&E and KU Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.126/kWh
Peak Sun Hours4.5 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
Common Questions
How much does solar cost in Elizabethtown?
Solar in Elizabethtown, Kentucky costs approximately $24,691 for a 8.8 kW system. After the 30% federal tax credit, your net cost is about $17,284.
What is the solar payback period in Elizabethtown?
The estimated payback period for solar in Elizabethtown is 11.8 years, based on a $150/month electric bill and local sun hours of 4.5 hrs/day.
Does LG&E and KU Energy offer net metering?
LG&E and KU Energy offers Full Retail net metering. Full retail rate.