Kentucky house passes solar power bill with changes that could lead to showdown by john cheves.
Solar power regulations in kentucky.
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.
Kentucky has no rps renewable portfolio standards.
There are several sources of renewable energy including solar wind geothermal and hydroelectric power.
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.
Solar energy has enormous potential for the people of eastern kentucky said mr.
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.
Rhode island has a 5 mw limit and new mexico has a limit of 80 mw.
In kentucky the kentucky public service commission is a public utilities commission and a quasi judicial regulatory tribunal.
The cost of solar power has fallen 80 to 90 in the last 10 years making it accessible to so many more.
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.
February 15 2019 01 33 pm order reprint.
Three states have no limit arizona new jersey and ohio.
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.
Composting toilets are legal in.
Kyses member seth long is a resident of ermine kentucky the executive director of homes inc and a net metering customer of kentucky power.
Rainwater harvesting in arizona is legal.
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.
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.
Renewable energy is an environmentally responsible alternative to fossil fuels.
On top of that arizona charges a solar tax to people with grid connected solar.