Northern Kentucky companies lead solar energy adoption - LINK nky (2024)

Renewable energy options are becoming increasingly important to both companies and site selection consultants. According to Area Development’s 20th Annual Consultants Survey, half of respondents said the need to meet sustainability goals and even achieve “net zero” emissions will moderately or greatly impact their clients.

Many major domestic and international companies with operations in Northern Kentucky’s Boone, Kenton, and Campbell counties are already working to integrate renewable, specifically solar, energy into their organizational operations to reduce their carbon emissions, decrease energy costs, and achieve environmental, social and governance (ESG) goals.

Over the past decade, the solar market in the United States has grown at an average rate of 24 percent each year, according to the Solar Energy Industries Association (SEIA). The Commonwealth of Kentucky is projected to see growth of 3,370 megawatts over the next five years, 16th amongst all states in this metric.

“We are encouraged by the scale with which Northern Kentucky companies continue to utilize solar and other renewable energies,” said BE NKY Growth Partnership CEO Lee Crume. “These projects are creating incredible momentum toward green energy solutions in our region.”

L’Oréal USA

L’Oréal USA was an early adopter of solar energy. In 2017, the company installed a 1.42-megawatt solar power generation system at its Kenton County location. At the time, this was the largest commercial solar array in Kentucky.

Haircare products for the Garnier, L’Oréal Paris, Matrix, and Redken brands are produced at this 686,000-square-foot plant, the company’s largest manufacturing site in the United States and largest worldwide by tonnage of products produced.

The 4,140 solar panels reduce carbon dioxide output by 1,005 tons each year. By 2025, L’Oréal will achieve carbon neutrality at all its sites, in terms of direct and indirect greenhouse gas emissions, by improving energy efficiency and using 100 percent renewable energy.

Duke Energy, Amazon Air

IIn mid-2023, Duke Energy and Amazon Air began operation of their utility-scale rooftop solar site, the largest in Kentucky, on the roof of the Amazon Air Hubon the campus of the Cincinnati/Northern Kentucky International Airport.

More than 5,600 solar panels feed up to two megawatts of power directly onto the electric distribution grid, powering approximately 400 homes and businesses.

Duke also operates two solar power plants on a 60-acre property in Kenton County. The 17,000 solar panels at this site can produce up to four megawatts of electricity.

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Duke Energy has a companywide goal to achieve net-zero carbon emissions from electricity generation by 2050, and Amazon is aiming to reach net-zero carbon emissions across its operations by 2040.

R.A Jones

A global leader in the design and manufacturing of packaging machinery, R.A Jones, a Coesia company, announced its plans to add solar panels to the roof of its operations in Kenton County in July 2023. The project also includes six electric vehicle charging stations which have already been installed on the R.A Jones’ campus for use by company employees.

“At Coesia, we are committed to sustainability and innovative, environmentally responsible operations. The solar panel installation at our R.A Jones facilities in Kenton County marks a significant step towards reducing our carbon footprint,” said Jonathan Titterton, Coesia North America CEO. “With this initiative, we also demonstrate that technological advancement and sustainability can drive positive change in our industry and community. When fully operational, the ballasted solar power system will generate 100 percent sustainable, zero-carbon electricity at the 250,000-square-foot facility. During its 30-year life span, the system will offset 33,200 tons of atmospheric CO2, which is equivalent to taking 252 cars off the road for 30 years or planting nearly a half a million trees.”

The solar roof mount system, which will consist of 3,773 solar modules and cover about 85 percent of the building’s roof surface, is expected to produce more than 2 million kilowatt-hours of clean energy each year.

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R.A Jones is the first Coesia company in the United States to power its facility with photovoltaic systems. The solar installation is projected to reduce the company’s electric bill by $6.4 million over its 30-year life span. Melink Solar, based in Milford, Ohio, is designing and installing the solar array which should be finished in Q1 2024.

Mubea

Mubea North America has been headquartered in Boone County for more than 40 years. Recognized globally as an innovative automotive manufacturer that specializes in lightweight products for chassis, car body and powertrain, the Tier 1 supplier also has a sales/engineering office in Michigan and three production plants in Mexico.

A large part of Mubea’s ongoing mission is the integration of sustainability into every aspect of its business. For that reason, Mubea closely monitors any leakages of compressed air in its plants to avoid using more energy than actually needed.

Mubea has also launched various enhancements at its locations to recover heat energy and implemented cooling water recirculation in their specific production lines. In fact, Mubea is on track to be “Climate Neutral by 2035,” with plans to reduce its carbon emissions by at least 25 percent by 2025.

According to Tim Hertel, Mubea’s Senior Project Manager – NA Energy and Sustainability C.E.M. (Certified Energy Manager), the company is already purchasing green electricity at several Mubea locations with the goal of self-generation of electricity through wind and solar parks. Hertel explained that the “next step” end goal for Mubea is to fund new builds to truly offset coal through additionality.

Recently, Mubea sought proposals to add solar panels to the roofs of its Boone County campus and Hertel believes the company will begin investing in this project by 2027-2028.

As Duke Energy’s largest manufacturing customer in Northern Kentucky, and to cover the location’s full energy demand, Mubea aspires to partner with other large energy consumers in the Duke Energy Kentucky service territory to contract an offsite solar development.

Organizations interested in partnering with Mubea in this endeavor can contact Hertel at tim.hertel@mubea.com.

Owen Electric Sources Solar through Cooperative Agreement

Some customers in Northern Kentucky receive electric service through Owen Electric Cooperative. Owen is member owned and purchases power from East Kentucky Power Cooperative (EKPC) then distributes it to homes and businesses in nine Northern and Central Kentucky counties.

Owen’s members have the option to invest in renewable energy by licensing panels at a solar farm on EKPC’s campus in Winchester. The solar farm boasts more than 32,000 panels that can collectively produce up to 8.5 megawatts of electricity. Each panel costs $460 for a 25-year license, and Pomeroy Technology LLC in Boone County currently holds licenses for 40 panels, an $18,400 investment. Each month, Pomeroy receives bill credits for the capacity and generation value of those panels.

For members, Owen President and CEO Michael Cobb said this solar farm has been a good alternative to onsite solar. Around 2015, Cobb said they were hearing from members, civic groups, and commercial and industrial organizations that wanted more in the area of renewables, and sustainable energy was becoming an increasingly important issue for both residential and commercial members.

“We take pride in being receptive to our members, so the Cooperative Solar program was developed for the benefit of offering a competitive alternative to onsite solar and a great way of addressing sustainability goals,” he said.

Getting Your Organization Involved with Solar

More than five percent of the nation’s electricity comes from solar energy, according to SEIA. This number will continue to grow as more companies adopt this technology, and the Greater Cincinnati region is leading the way on multiple fronts.

The Cincinnati Zoo & Botanical Garden has been named the Greenest Zoo in America. The Zoo, a Duke Energy customer, broke ground in February on a 2.8 megawatt solar array that will provide shade for cars and buses while generating power for the Zoo and its neighbors.

This new array will be the largest publicly accessible urban solar array in the country, taking that title away from another array also at the Zoo. This project is being installed by Melink Solar.

For Duke Energy customers in Northern Kentucky, the company offers an easy way to start supporting solar energy through its Green Source Advantage program.

This program gives customers the opportunity to help bring new renewable resources online while receiving the associated renewable energy certificates (RECs) to help them meet their ESG goals.

Mubea is one company taking steps to support solar energy production through RECs.

“We are trying to ‘green the grid’ through financing and through ownership of these certificates,” said Hertel. “We encourage all companies to do this and help expand green energy in our country.”

Christine Russell is VP of Strategy for BE NKY Growth Partnership and Executive Director of the Northern Kentucky Port Authority.

Related

Northern Kentucky companies lead solar energy adoption - LINK nky (2024)

FAQs

Can you get free solar panels in KY? ›

Does Kentucky have a free solar program? While there are no programs in Kentucky that offer solar installations for free, there are numerous incentives that can significantly lower the upfront costs of switching to solar.

How much does it cost to lease an acre of solar farms in Kentucky? ›

Lease rates can range between $400 and $1,200 an acre.

How much does it cost to go solar in Kentucky? ›

How much do solar panels cost in Kentucky? As of May 2024, the average solar panel cost in Kentucky is $2.85/W. If you install a 5 kW system it will cost you between $12,124 to $16,404, with an average cost of $14,264.

Is there a federal tax credit for solar in Kentucky? ›

Federal solar investment tax credit

This is 30% off the entire cost of the system including equipment, labor, and permitting. Example: If your solar energy system costs $20,000, your federal solar tax credit would be $20,000 x 30% = $6,000. The federal tax credit falls to 26% starting in 2033.

What is the Kentucky solar program 2024? ›

In 2024 KYSES is leading its largest-ever Solarize campaign by partnering with the cities of Danville & Boyle County, Frankfort & Franklin County, Lexington, and Louisville to launch local Solarize campaigns to help make it easier and less costly for residents and small businesses to install solar on their properties.

Does solar make sense in Kentucky? ›

Are solar panels worth it in Kentucky? Solar panels can be a good investment in Kentucky, but the amount you save depends on several factors. For starters, consider what you're currently paying on energy bills. In 2022, the average Kentucky electricity bill was $141 per month or $1,692 for the year.

Is 2 acres enough for a solar farm? ›

An acre or two is enough for a personal solar farm, while larger-scale power projects typically require at least 30 to 40 acres to produce 5 megawatts (MW) of power, requiring roughly 5 acres for 1 MW. That number could extend upwards of 200 acres, depending on a farm's power capacity needs.

How much money does a 1 acre solar farm make? ›

How Much Money Does 1 Acre Solar Panels Make? Is It Lucrative? There are several factors to consider when determining the profit margin of an acre of a solar plant, but generally speaking, you can earn anything between $21,250- $42,500 per acre each year.

Is 5 acres enough for a solar farm? ›

To sum up, everything that has been demonstrated so far, 5 acres is enough for a solar farm but keep in mind that you can use all the space to mount solar panels on your land. Contact Coldwell Solar for detailed information and the overall installation process if you want to switch to clean and green energy.

Do solar panels increase home value in Kentucky? ›

Does solar increase home value in Kentucky? Yes! Installing solar panels will improve your home value by approximately 4.1% on average, according to research conducted by Zillow. In Kentucky, where the average home value is $196,580, that equates to a typical value bump of about $8,059.

How often do solar panels have to be replaced? ›

The industry standard for most solar panels' lifespans is 25 to 30 years. Most reputable manufacturers offer production warranties for 25 years or more. The average break even point for solar panel energy savings occurs six to 10 years after installation.

What is Kentucky State solar incentive? ›

Residents of Kentucky qualify for the federal solar investment tax credit (ITC) if they own their solar panel system through a cash purchase or solar loan. This credit reduces the amount of your owed federal taxes at a rate equal to 30% of your total solar installation cost.

Can you write off solar on your taxes? ›

The federal solar tax credit is available to any U.S. homeowner, condo owner or cooperative housing corporation member, as long as you own a solar panel system. You cannot claim the credit if you are leasing solar panels. You can claim the credit for the tax year you turn on your system.

Is solar exempt from sales tax in Kentucky? ›

Kentucky does not offer a sales tax exemption for solar arrays or a property tax exemption for the installation of a solar array.

How do I qualify for federal solar tax credit? ›

To qualify for the full 26% federal solar ITC, you must meet the following requirements:
  1. You must own the property. Renters are not eligible, though the property owner would be.
  2. You must own your solar panels. ...
  3. You must pay enough taxes to the federal government to qualify for the 26% tax credit.

Does Kentucky have solar access laws? ›

Kentucky established solar easem*nt laws in 1982, but the state has not codified any HOA restrictions.

What is the Kentucky energy tax credit? ›

Energy Improvement Kentucky State Tax Credit

Receive 30% back for up to $500 for eligible water heaters, furnaces, heat pumps, boilers, and central air conditioning.

Does Kentucky have community solar? ›

Solar Alliance has designed and installed arrays for three different community solar projects in Tennessee and Kentucky, enlisted as a trusted clean energy partner for electric utilities.

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