Cost & Savings Breakdown
Based on $150/month electric bill in Georgetown
System Size
8.9 kW
Annual Production
11,967 kWh
Gross System Cost
$24,947
Federal Tax Credit (30%)
-$7,484
State Incentive
None
Net Cost
$17,463
Monthly Savings
$122
CO₂ Offset/yr
11,010 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityKentucky Utilities
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.122/kWh
Peak Sun Hours4.6 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 Georgetown?
Solar in Georgetown, Kentucky costs approximately $24,947 for a 8.9 kW system. After the 30% federal tax credit, your net cost is about $17,463.
What is the solar payback period in Georgetown?
The estimated payback period for solar in Georgetown is 12 years, based on a $150/month electric bill and local sun hours of 4.6 hrs/day.
Does Kentucky Utilities offer net metering?
Kentucky Utilities offers Full Retail net metering. Check with your utility for current compensation rates..