Estimated Savings for a Typical Ohio Home
Based on a $150/month electric bill
System Size
8.2 kW
Gross Cost
$24,292
Federal Credit
-$7,288
State Incentive
-$500
Net Cost
$16,504
Annual Savings
$1,460
Payback Period
11.3 yrs
25-Year Savings
$33,366
CO₂ Offset/yr
9,733 lbs
Ohio Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$500
Ohio State Incentive
Ohio offers a sales tax exemption on solar equipment.
Net Metering Policy: Full Retail
Top utility in Ohio: AEP Ohio. View full incentives detail →
Solar Costs by City in Ohio
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Columbus | $1,460 | 11.7 | 905,748 | AEP Ohio |
| Cleveland | $1,460 | 12.8 | 381,009 | FirstEnergy |
| Cincinnati | $1,460 | 11.3 | 309,317 | Duke Energy OH |
| Toledo | $1,460 | 13.5 | 272,779 | FirstEnergy |
| Akron | $1,460 | 13.7 | 190,469 | FirstEnergy |
| Dayton | $1,460 | 10.9 | 137,644 | AES Ohio |
| Parma | $1,460 | 10.9 | 78,103 | FirstEnergy |
| Canton | $1,460 | 10.6 | 70,458 | FirstEnergy |
| Lorain | $1,460 | 10.9 | 63,264 | FirstEnergy |
| Youngstown | $1,460 | 12.6 | 60,068 | Ohio Edison |
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Quick Facts: Ohio
- ⚡ Avg rate: $0.138/kWh
- 🌞 Peak sun: 4.4 hrs/day
- 🏭 Top utility: AEP Ohio
- 📋 Net metering: Full Retail