Attract New Residents!
Diversifying the energy mix will build security and resiliency into the energy supply and will attract new businesses and residents who are drawn by a growing clean, renewable energy sector.
Louisville has good solar resources and can become a leading city for solar through unleashing the creativity and innovation for which Louisville is known. Investing in solar energy creates local jobs, reduces greenhouse gas emissions, boosts air and water quality, and improves public health – all objectives for Sustain Louisville and STAR Communities. With all of these benefits it improves quality of life, which is the number one factor people look at when making decisions about where to move!
Welcome!
Welcome to Solar Over Louisville: 2 Million Watt Solar Challenge.
Solar energy is a proven technology and the price of solar panels is at its cheapest time in history, which has caused installation rates nationwide to soar. The U.S. now has 20 GW of installed solar capacity. In 2014, 32% of all new electric capacity in the U.S. was from solar (SEIA).[1] It is a great time for homeowners and businesses in Louisville to “go solar.”
Federal and State Tax Credits!
With the available federal and state tax credits, if 200 new solar rooftops are installed it will bring >$1 million of federal funds to Kentucky.[i]
But the time to take advantage of these credits is limited.
The 30% federal investment tax credit (ITC) for solar is set to expire at the end of 2016, and Kentucky's $500 individual, $1,000 commercial solar tax credit is set to expire at the end of 2015. The ITC amounts to federal funds coming into Kentucky’s economy and raising state and local tax revenues. Without these tax credits the costs for installing solar will rise and homeowners and businesses will lose a valuable opportunity to go solar. You can utilitze the credits by installing now and help in efforts to get Congress and the state legislature to extend these tax credits.
[i] Based on the average installation of 5kW of capacity at a cost of $3.50 per installed watt.
[1] Solar Energy Industries Association (SEIA). (2015). U.S. Solar Market Insight: New report shows U.S. solar industry
reaches 20 GW of installed capacity. Available at http://www.seia.org/research-resources/us-solar-market-insight
Join Our Effort!
The time for solar energy in Louisville is now!
Join us in making Louisville a solar-friendly city with expanded installations among homeowners and businesses. Explore this web site to learn more about solar basics, such as solar costs and financing, how to install solar, finding local installers, and many other resources.
