Renewable energy is an environmentally responsible alternative to fossil fuels.
Solar power regulations in kentucky.
This is a regulation that requires utilities to increase their production of energy from renewable energy sources such as wind solar biomass and geothermal by a certain date.
We believe in the environmental benefits of solar but 2 218 is a lot of money to pay for something that usually saves you money over the long term.
The cost of solar power has fallen 80 to 90 in the last 10 years making it accessible to so many more.
In kentucky the kentucky public service commission is a public utilities commission and a quasi judicial regulatory tribunal.
The kentucky solar energy society is lobbying to increase the limit noting that 17 states allow at least 2 mw capacity to use net metering.
Kentucky has no rps renewable portfolio standards.
We use a 6 return to evaluate all solar investments and kentucky s 2 218 npv on a solar loan means you d be that much better off investing your money in stocks over 25 years than solar.
Composting toilets are legal in.
Rainwater harvesting in arizona is legal.
Arizona is one of the worst states for off grid solar.
There are several sources of renewable energy including solar wind geothermal and hydroelectric power.
However it is currently near the bottom in terms of solar capacity installed ranking 44th in the nation with only enough energy to power 4 758 homes solar panel installation prices have fallen making now a good time to go green with solar power in kentucky.
Energy costs in kentucky are about 3 5 cents per kilowatt hour less than the national average largely because of the state s vast coal reserves.
Rhode island has a 5 mw limit and new mexico has a limit of 80 mw.
Three states have no limit arizona new jersey and ohio.
Kentucky does not have a legal framework for solar leasing and power purchase agreements which means that the only option for going solar with 0 down is to get a loan ideally a low interest heloc home equity line of credit.
Utilities must meet the standards by either producing their own renewable energy or by purchasing it from customers.
Kentucky has one of the lowest average costs per watt for solar power a bonus to those who value clean green energy usage.
The laws are written in a way that makes it illegal for a home not to be connected to the electric grid.
If you re lucky enough to enjoy the low utility fees prevalent in kentucky you can save even more money while saving the planet by taking advantage of some of the financial incentives for solar power available to state residents.
Solar energy has enormous potential for the people of eastern kentucky said mr.
February 15 2019 01 33 pm order reprint.