Ohio Solar Information

Ohio isn’t a bad state for solar. There’s always enough sunshine to cover your basic energy needs or at least to reduce your monthly electricity bill. The 26% Federal Solar Tax Credit as well as some local incentives will make your solar installation even more profitable.

#48

Ohio ranks #48 in the USA for savings from installing solar panels
5437.24 kWh

Annual AC energy output of a 4 kW solar system installed in Ohio
4.60 kWh

Solar Radiation (kWh / m2 / day)
12 ¢ /kWh

The cost of electricity today in Consolidated Electric Coop Inc
25 ¢ /kWh

If you don't go solar. The forecast average utility price over the next 25 years

Ohio Solar Facts

$1.37
Average cost of a 4kw solar power system in 2019.
7 years
Average system payback period.
$50,141.10
Average lifetime savings.
6 ¢ /kWh
Levelized cost of solar energy.
7 kW
Recommended system size.

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Solar Power System Cost in Ohio
$1.37 per watt

Cash purchased solar system

Before the 26% Federal Solar Tax Credit
$9,323.62 total

Estimated system cost

Before the 26% Federal Solar Tax Credit
7 years

Average system payback period

Solar power in Ohio has been increasing, as the cost of photovoltaics has decreased. Ohio installed 10 MW of solar in 2015. Ohio adopted a net metering rule which allows any customer generating up to 25 kW to use net metering, with the kilowatt hour surplus rolled over each month, and paid by the utility once a year at the generation rate upon request. For hospitals there is no limit on size, but two meters are required, one for generation, the other for utility supplied power.

In 2010, the 12 MW solar farm in Upper Sandusky, Ohio was the largest solar farm in the state. It was later surpassed by the 20MW DG AMP Solar Bowling Green, which was completed in January 2017.

The First Solar factory in Perrysburg, Ohio can make almost 600 MW of panels per years.

Costs have decreased to the point that the average consumer may save approximately $17,527 over a 20-year period by installing solar panels. Euclid's City Hall and library installed solar panels and expects to save $25,000 over the next 15 years. The panels were installed at no cost to the city by Ohio Cooperative Solar, which is leasing the rooftops.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you go solar

kWH

$ per kWH

According to Consolidated Electric Coop Inc, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 26% Federal Tax Credit (ends 2022) i

When you install a solar system, 26% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is going to be phased out by 2024.

To be eligible to claim this credit, you must owe federal taxes.

System size

6.83 kW medium system size

Provides up to 80% of electricity consumption

$1.37 per watt

Average system cost

20 x 350 watt

solar panels
+
20 x 300 watt

microinverter
+
2 x 3 800 watt

inverter

$90.32/ month

Estimated savings on your average quarterly bill

$9,323.62

Estimated system cost
Excludes 26% Federal Tax Credit.
This price does not include the installation cost.
7 years

Average system payback period
$50,141.10

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

12 ¢ /kWh

The cost of electricity today in Consolidated Electric Coop Inc
25 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
6 ¢ /kWh

levelized cost of solar energy