Solar Savings Calculator for Ohio

Ohio homeowners pay an average of $140/month for electricity at 15.5¢/kWh. With 3.9 peak sun hours per day, solar can dramatically cut your energy costs.

$140
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
3.9h/day
Peak Sun Hours
$42,828
Est. 25-Year Savings

Calculate Your Savings in Ohio

Adjust Your Details for Ohio

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
8 kW
Panel Count
20 panels
Total System Cost
$22,400
Federal Tax Credit (30%)
-$6,720
Net Cost
$15,680
Annual Savings
$1,680
Payback Period
9.3 years
25-Year Savings
$42,828
Return on Investment
273%

* Estimates based on 3.9 peak sun hours/day in Ohio, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Ohio

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Ohio SREC Program

Solar Renewable Energy Credits earned for solar production.

$10-30 per SREC

Cities in Ohio

Select your city for a more precise estimate with local electricity rates and utility information.

Columbus

15.8¢/kWh · 3.9h sun/day

Avg bill: $142/mo · AEP Ohio

Cleveland

16¢/kWh · 3.7h sun/day

Avg bill: $140/mo · Cleveland Public Power / FirstEnergy

Cincinnati

15.5¢/kWh · 4h sun/day

Avg bill: $140/mo · Duke Energy Ohio

Toledo

15.5¢/kWh · 3.8h sun/day

Avg bill: $135/mo · Toledo Edison (FirstEnergy)

Akron

15.8¢/kWh · 3.8h sun/day

Avg bill: $138/mo · Ohio Edison (FirstEnergy)

Dayton

15.2¢/kWh · 4h sun/day

Avg bill: $135/mo · AES Ohio (formerly DP&L)

Youngstown

15.5¢/kWh · 3.7h sun/day

Avg bill: $130/mo · Ohio Edison (FirstEnergy)

More Solar Resources for Ohio

Ohio Solar IncentivesTax credits, rebates, and SRECsOhio Cost ComparisonSolar vs. grid costs over 25 yearsOhio System SizingHow many panels your home needsOhio Permits & RegulationsLocal permit requirements and HOA rulesIs Solar Worth It in Ohio?Data-driven analysis for your stateOhio Financing OptionsCompare loans, leases, and PPAs

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