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From ohio data it is shown that the average cost of a solar panel installation ranges from 12 070 to 16 330.
Solar panels ohio. This is lower than the average price of residential solar power systems across the united states which is currently 2 53 per watt. With a meager rps and solar carve out there are aren t many good incentives in ohio to make solar an attractive and lucrative investment over the long term. Ecohouse is a leading solar energy provider in central ohio. This is 2 50 per watt.
The consensus on ohio solar power rebates and incentives. As of september 2020 the average solar panel cost in ohio is 2 84 w given a solar panel system size of 5 kilowatts kw an average solar installation in ohio ranges in cost from 12 070 to 16 330 with the average gross price for solar in ohio coming in at 14 200 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you. But there is enough light for enough of the year that solar panel installers can stay in business and. Solar panel cost in ohio.
Those tax exemptions are just as good here as they can get but the performance of srecs is disappointing. The state has a renewable portfolio standard rps that requires utilities to increase their sale of renewable energy sources to 8 5 by 2026. On a cost per watt w basis a solar panel installation in ohio ranges in price from 2 41 to 3 27. Purchasing solar energy produced by homeowners is one way utilities can meet the standard.
Indeed ohio doesn t get nearly as much sun as arizona and other hubs for solar energy. The average cost for an installed residential solar system in ohio is currently 11 118 after claiming the 26 federal solar tax credit. Take a tour of the latest ecohouse installations. We are proud to have installed solar on hundreds of homes and businesses in the 614 area.
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