Why Go Solar?
Kentucky Financial Incentives
Federal Solar Tax Credit
Kentucky residents can take advantage of the Federal Solar Tax Credit and get a discount of 30% applied to their tax returns. In Kentucky, residents benefit from an average ITC of $7,722. (The state of Kentucky does not offer a sales tax exemption for purchasing renewable energy systems like solar.)
The USDA's Rural Energy for America Program (REAP) provides grants and guaranteed loans to agricultural producers and small rural businesses for investments in renewable energy systems and energy efficiency measures. Grants can cover up to 25% of project costs and can range from $1,500 to $500,000 depending on the size and type of project. Learn more via the US Department of Agriculture REAP program.
The KADF Program provides incentives for Kentucky farm families to increase the energy efficiency of existing equipment or facilities. Solar and other renewable energy systems are eligible for incentives. Successful applicants may receive up to 50% reimbursement of the actual cost of a qualified energy saving item, up to $10,000. Applicants may also be reimbursed an additional $150 for a third-party energy audit.
To assist businesses and homeowners in increasing their net worth while simultaneously creating a better future for the coming generations through financial restructuring.
What to Expect
It all starts with the initial consultation, and the fastest way to make that happen is for you to provide us with your power bill. Our experts will take a look, assess what you’re paying for where you live, and ultimately determine if solar is a good fit for you – and how much you’ll save!
There are other factors to consider as well, such as the angle of your residence to the sun, roof quality, etc., but we’ll go through all that with you and make it as simple as possible.
- Power bill review
- Initial consultation
- Savings and financial benefit review
- Government incentive assessment
- Property qualification
- Payment plan / credit check
- Start saving money with green energy!
Frequently Asked Questions
Q. Why should I go solar?
A. There are many advantages to going solar in the right scenario. Here are just a few:
- long term savings
- price protection against increases
- increased property value
- help the environment
- energy independence from monopolies
Start saving today!
Isn't it time you start paying yourself, instead of your landlord or power company?
Simply upload your power bill and one of our experts will reach out within the hour**, letting you know how you can start saving 50% or more on your power bill with BrightDay Solar!
** during business hours (weekdays) * denotes required field