Kentucky / Madisonville

Is solar worth it in Madisonville?

Kentucky Utilities Co averages 11.8¢/kWh. With 4.6 peak sun hours a day, a typical 7.8 kW system makes ~10,421 kWh a year and saves about $1,235 in year one.

14.2years to pay off
Electric rate11.8¢per kWh
Peak sun4.6hrs/day
System7.8 kW≈$21,450
25-yr net$23,579after cost

No federal tax credit is included. The 30% homeowner credit (IRS §25D) ended for systems installed after Dec 31, 2025. What changed in 2026 →

How Madisonville compares

That is slower than the Kentucky average of 13.2 years, mainly because Madisonville's rate is below the state average of 13.2¢/kWh. Your own payback depends on your bill: enter your ZIP and monthly bill above for your number.

Nearby cityRatePayback25-yr net
Henderson11.8¢14.2 yrs$23,579
Hopkinsville13.2¢13.0 yrs$28,557
Owensboro11.8¢14.2 yrs$23,579
Bowling Green12.0¢14.1 yrs$24,073
Paducah11.8¢14.0 yrs$23,811
Murray13.2¢12.7 yrs$28,845
Franklin12.0¢13.9 yrs$24,202
Glasgow11.8¢14.2 yrs$23,470

Questions

How long does solar take to pay off in Madisonville, KY?

About 14.2 years for a typical 7.8 kW system at 11.8 cents/kWh, assuming $2.75/W installed, full net metering and 3% yearly rate increases, with no federal tax credit.

Is solar worth it in Madisonville?

Only in some cases; payback is long. Our estimate is $1,235 saved in year one and $23,579 net over 25 years after paying for the system.

How much does a solar system cost in Madisonville?

A 7.8 kW system sized for an average home (863 kWh/month) is about $21,450 before any local rebates, at $2.75 per watt. Real quotes vary by roof and installer.

Is there a federal solar tax credit in 2026?

Not for homeowners who buy their system. The 30% Residential Clean Energy Credit (IRS section 25D) does not apply to installations completed after December 31, 2025. State rebates, SRECs and utility incentives may still apply.

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