Typical home: Not worth it

Solar in Nicholasville, KY

With Kentucky Utilities (KU)'s electricity at about 12.8¢ per kWh and 1,336 kWh of sun per kW, solar is not worth it for a typical Nicholasville home today: about a 20-year payback.

Payback, typical home
20 yrsKentucky: 18.7 yrs
25-year net
$4,820after paying $15,720
Sun
1,336kWh per kW per year
Electricity
12.8¢29% below U.S. average

A typical Nicholasville home, by the numbers

UtilityKentucky Utilities (KU)
Electricity use1,164 kWh a month
Best-value system5.2 kW, about 12 panels, 6,945 kWh a year (50% of use)
Cost$15,720
First-year savings$797
Payback20.0 years
Exported power7.534¢/kWh (Kentucky Utilities (KU))

Cash purchase, no federal credit, 2.5% yearly rate increases. Run it with your own numbers.

Solar production per kW in Nicholasville

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan80
Feb81
Mar106
Apr128
May141
Jun140
Jul141
Aug138
Sep124
Oct108
Nov82
Dec68

Homes in Nicholasville

Owner-occupied homes
58%
Single-family detached
67%
Median home value
$227k
Median year built
1993
Population
32,197
Roofs suitable for solar†
99%

Census ACS 2020–2024. †Share of 492 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Nicholasville

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 Nicholasville

Is solar worth it in Nicholasville, KY?

For a typical home in Nicholasville, solar is not worth it at 2026 prices: a 5.2 kW system costs about $15,720 after state incentives, saves about $797 in year one and pays back in about 20 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Nicholasville?

About 1,336 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% less than the Kentucky average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Nicholasville?

Most homes in Nicholasville are served by Kentucky Utilities (KU), at about 12.8¢ per kWh on average. Some areas are served by Blue Grass Energy Cooperative, Inter County Energy Cooperative.

How much do solar panels cost in Nicholasville?

A fair cash price is around $2.85 per watt before incentives, so about $15,720 for a 5.2 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

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.