Lexington receives approximately 4.3 peak sun hours per day, making it a good location for solar energy production. With an average monthly electric bill of $120 in Lexington, homeowners could save $1,080/year by switching to solar.
A 9.5kW solar system in Lexington could generate approximately 1,005 kWh/month, offsetting about 95% of the average electric bill.
Lexington residents benefit from Kentucky's solar incentives, including net metering at retail + federal tax credit (30%). limited state incentives beyond net metering.The 30% Federal Solar Tax Credit (ITC) applies to all installations nationwide, reducing your net system cost by nearly a third.
With 4.3 peak sun hours, a typical 9.5kW residential system in Lexington produces enough energy to offset 95% of the average household's electricity usage. Over the system's 25+ year lifespan, that translates to $27,000 in total savings.
Your utility affects your net metering rate and solar program eligibility.