Solar in Florence, KY
With Duke Energy Kentucky's electricity at about 14.7¢ per kWh and 1,280 kWh of sun per kW, solar is not worth it for a typical Florence home today: about a 19.2-year payback.
- Payback, typical home
- 19.2 yrsKentucky: 18.7 yrs
- 25-year net
- $5,183after paying $13,605
- Sun
- 1,280kWh per kW per year
- Electricity
- 14.7¢18% below U.S. average
A typical Florence home, by the numbers
| Utility | Duke Energy Kentucky |
|---|---|
| Electricity use | 926 kWh a month |
| Best-value system | 4.3 kW, about 10 panels, 5,503 kWh a year (50% of use) |
| Cost | $13,605 |
| First-year savings | $711 |
| Payback | 19.2 years |
| Exported power | Net billing (reduced export credit) (Kentucky rule) |
Cash purchase, no federal credit, 2.5% yearly rate increases. Run it with your own numbers.
Homes in Florence
- Owner-occupied homes
- 58%
- Single-family detached
- 44%
- Median home value
- $211k
- Median year built
- 1985
- Population
- 32,803
- Roofs suitable for solar†
- 93%
Census ACS 2020–2024. †Share of 6,781 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Florence
Public installation records for Kentucky don't name installers, so we can't rank local companies here. Browse installers in Kentucky.
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Florence
Is solar worth it in Florence, KY?
For a typical home in Florence, solar is not worth it at 2026 prices: a 4.3 kW system costs about $13,605 after state incentives, saves about $711 in year one and pays back in about 19.2 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Florence?
About 1,280 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 4% less than the Kentucky average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Florence?
Most homes in Florence are served by Duke Energy Kentucky, at about 14.7¢ per kWh on average. Some areas are served by Owen Electric Cooperative.
How much do solar panels cost in Florence?
A fair cash price is around $2.85 per watt before incentives, so about $13,605 for a 4.3 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Independence 19.1 yrs
- Covington 19.3 yrs
- Georgetown 20.5 yrs
- Frankfort 22.2 yrs
- Lexington 20 yrs
- Jeffersontown 20.6 yrs
- Nicholasville 20 yrs
- Louisville 20.5 yrs
- All of Kentucky
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.