Cost of Solar Panels In Ohio
Updated July 6, 2024 | 8 min read
Fortunately for homeowners in Ohio, the cost of solar panels has plummeted by over 54% in the past decade. With Ohio's commitment to green energy and attractive financial incentives, more than 100,000+ homes and businesses in the Buckeye State have tapped into the advantages of solar panels!
But how much does it cost to install solar panels in Ohio? Dive into our comprehensive breakdown of the costs of solar panels in Ohio below, or receive a personalized solar quote for your home in just a few moments!
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How Much Do Solar Panels Cost In Ohio?
The most recent data from the solar industry shows that in Ohio, the price of solar panels ranges from $9,000 to $14,000, depending on your home's energy needs. Given that the average home size in Ohio is about 1,800 sq ft., the average cost of solar panels in Ohio is around $10,312. This is before taking into account Ohio's solar incentives.
Below is an in-depth breakdown of solar panel costs in Ohio, sorted by home size.
Home Size (sq ft) |
System Size |
Average Costs |
|---|---|---|
| 1,500 - 1,750 | 4 kW | $8,961 |
| 1,750 - 2,000 | 5 kW | $10,312 |
| 2,000 - 2,300 | 6 kW | $11,489 |
| 2,300 - 2,500 | 7 kW | $13,744 |
| 2,500 - 2,800 | 8 kW | $15,108 |
| 2,800 - 3,000 | 10 kW | $17,855 |
** It's important to note that these costs DO NOT include the thousands you can save by utilizing Ohio solar incentives. See which solar financial incentives you qualify for by entering your zip code below!
Enter your zip code to see which Ohio Solar Incentives your qualify for!
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Factors That Impact Solar Costs in Ohio
Considering going solar in Ohio? Many Ohio homeowners are able to save big on monthly electricity costs and enjoy a cleaner form of electricity using solar in OH. The price of solar panels in Ohio depends on a few things, like how much power you use, the solar panels you like, and extras like battery storage.
Many solar owners in Ohio see their electric bills drop by 40% to 60% with solar! And the best part? For a lot of them, those solar panels pay for themselves in under 10 years.
Costs for Installation & Labor
In Ohio, buying solar panels includes many different aspects including the cost to have them installed. There costs are for things like getting them installed, getting the right permits, and making sure they're all set up safe and sound. This is usually about 10-20% of the total costs of solar.
But there's good news! Ohio has several ways to reduce how much it costs to go solar. See our complete guide on getting solar panels installed for free in Ohio!
Equipment Costs for Solar in Ohio
In Ohio, a significant portion of your solar investment, approximately 60-70%, is allocated to the primary equipment. This includes the solar panels, the inverters that convert sunlight into electricity, and the mounting structures. These components ensure uninterrupted power supply throughout the year. With advancements in technology, these devices have become more efficient and durable, optimizing the energy harnessed from each day of sunshine.
Taxes on Solar in Ohio
If you're considering transitioning to solar in Ohio, it's essential to understand the associated tax implications. Incorporating solar can enhance your property's value, potentially leading to a slight increase in property taxes. However, Ohio provides specific tax incentives for solar adopters, which can mitigate these costs. For a comprehensive understanding of these tax benefits, please enter your details below. Discover the tax advantages Ohio extends to residents keen on adopting renewable energy sources.
Enter your zip code to see which OH Solar Incentives your home qualifies for!
Do I Qualify?
Please enter a zip code
How to Reduce The Costs of Solar Panels in Ohio
Ohio presents a variety of financial incentives for its residents considering solar energy. Due to the state's dedication to renewable energy, there are several avenues for Ohio homeowners to minimize the cost of going solar.
Interested in the solar incentives available in Ohio? Contact Ohio solar experts for customized solar savings quote. They are ready to showcase the current solar promotions, guide you through the application steps, and provide a tailored solar estimate based on your home's specifications.
ROI on Solar | Solar Payback Period in Ohio
Wondering how long it takes for solar panels to recoup their costs in Ohio? When factoring in the present electric rates and available solar incentives, many Ohio homeowners see their solar investments become profitable in just 7-9 years! Beyond this, the savings continue to roll in, marking solar as a savvy choice in the Buckeye State.
Solar Financing Options in Ohio
Concerned about the upfront costs of solar in Ohio? Fear not! Ohio provides adaptable options like power purchase agreements (PPAs) and solar-specific loans. This enables you to venture into solar without a hefty initial investment. Through a PPA or a solar loan, you can begin reaping solar advantages promptly without a significant initial outlay.
See our complete guide on getting solar panels installed for free in Ohio!
Solar Incentives in Ohio
Ohio proudly introduces various solar incentives. Homeowners stand to gain from solar tax breaks and an assortment of local cash-back offers and benefits. These incentives greatly diminish the total cost of transitioning to solar, rendering the move in Ohio both financially beneficial and environmentally commendable.
Read the complete list of Ohio's solar incentives here.
Opting for solar in Ohio is not only cost-efficient but also beneficial for the environment. By leveraging the state's solar perks and assorted financing alternatives, you can be a pioneer in the green energy movement, harness the powerful sunlight and start saving!
Enter your zip code below to see which Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
Are Solar Panels Worth it in Ohio?
For numerous Ohio homeowners, the answer is a resounding yes. Switching to solar in Ohio often results in substantial reductions in electricity bills, and it's a positive move for our environment. Ohio extends a variety of compelling incentives and robust backing for solar energy, making it an even more attractive choice. This means that many in Ohio can regain their solar panel costs quite quickly. And the best part? After installation, these panels continue to generate power, providing almost free electricity for 20-30 years, sometimes even longer. Consider this: less money on utility bills and cleaner energy for many years!
Read More: Is Solar Worth it in Ohio?
Embarking on the solar journey in Ohio is straightforward and smart, particularly with the right expertise on your side. Quickly obtain a complimentary quote tailored to your home. Specialists will assess your property online, fill you in on Ohio's solar benefits, and give you a savings estimate. Delve into solar options for your home without any obligations. Be part of the expanding group of Ohio residents proud to have adopted solar energy!
Make the switch to solar and start saving in Ohio!
Contact our team of local energy consultants and see how much you can save with solar panels in OH!
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