Who is eligible for the Solar Share program?
The program is open to LG&E and KU residential, business and industrial customers. Participation will be available on a first-come basis. Customers under the RTS, FLS, LS, RLS, LE, TE, PSA, EVSE and EVC rate types will not be eligible.
Who owns the Solar Share Facility?
LG&E and KU will build, own and operate the Solar Share Facility. Residential, business and industrial customers will have the opportunity to share in local solar energy and receive solar energy credits on their monthly bill. Customers can subscribe to shares of solar in 250-watt increments, also referred to as quarter-kilowatt increments. The term, “share,” does not create or imply any ownership or investment interest.
Would my subscription ever expire?
No. Once a subscription reaches 12 months, it will continue its renewal on a month-to-month basis, unless a customer chooses to stop subscribing after the first 12 months. Customers can request to increase a subscription at any time.
Is there a subscription limit?
Customers can subscribe up to a maximum of 250 kilowatts (1,000 shares) of any 500-kilowatt facility, and up to 500 kilowatts total (2,000 shares) across all Solar Share Facilities.
If I move, could I still participate in Solar Share?
If you move to another location, a subscription will move with you if you remain within the LG&E and KU service territories and a customer of the utilities.
Why would my monthly bill be more if I subscribe to the Solar Share Program?
As a subscriber to Solar Share Program, your monthly bill will be higher because you will be charged for the solar capacity based on your subscription, in addition to charges for your electric and/or natural gas usage during the actual billing dates and additional charges that are itemized each month for your review.
How can I find my customer rate type?
Your customer rate type can be found on the first page of your monthly electric bill under “current charges” or by logging in to your online account.
How can I decide what subscription level is right for me?
We recommend reviewing your actual monthly electric usage to help decide what subscription level is best for you. Your monthly usage chart, found in your electric bill or in your online account, will allow you to review your monthly electric usage over the last 13 months. If more energy is produced through a customer's subscription in a given month than the customer’s consumption, the excess energy will be used to help power our community.
If you have electric and natural gas service, review the blue bar only.
Each 250-watt share of solar is currently estimated to produce between 18 and 38 kilowatt-hours of energy per month, depending on factors like weather conditions and time of year. A typical residential household uses approximately 1,000 kilowatt-hours of electricity each month.
Why would my Fuel Adjustment Charge be modified if I participate in Solar Share?
Your Solar Fuel Adjustment Offset will correspond to the amount of Solar Energy Credits received through your subscription, and is the offset of the Electric Fuel Adjustment. For example, if the Electric Fuel Adjustment is a cost one month, then the Solar Fuel Adjustment will appear as a credit.
Your Electric Fuel Adjustment is based on the rise and fall of traditional fuel costs. The rate can change monthly based on fuel costs, and it is calculated as a cost (or credit) per kilowatt-hour (kWh) used. The fuel adjustment charge is based upon solar offsetting the need to burn fossil fuels and the corresponding cost built into your bill for those fuels.
What is the Solar Energy Credit?
The Solar Energy Credit represents the monetary value of the solar energy that will be generated based on a subscription. This credit will vary each month based on the actual amount of solar energy generated by the facility.
Depending on factors like weather conditions and time of year, each share of solar is currently estimated to produce between 18 and 38 kilowatt-hours of energy each month. The Solar Energy Credit will be displayed on your monthly bill.
What is the Solar Capacity Charge?
The Solar Capacity Charge is the monthly subscription fee that covers the cost of constructing and maintaining the Solar Share Facilities. This charge may change during the subscription period, but would only do so if approved by the Kentucky Public Service Commission. The Solar Capacity Charge will be displayed on your monthly bill.
How long is a subscription commitment?
The program requires a 12-month commitment from the date the solar charges appear on a customer's bill. Customers who subscribe 50 kW or more will be required to sign a five-year contract.