Solar Panel Savings in Ohio

Ohio gets 3.9 peak sun hours per day with electricity at 14.5¢/kWh. See how much you can save with solar panels.

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Avg Sun Hours/Day
3.9
Electricity Rate
14.5¢/kWh
Solar Cost
$2.8/W
State Incentive
0%

Solar Panel Cost & Savings by System Size in Ohio

System SizeGross CostAfter CreditsPayback25-Year SavingsAnnual kWh
6 kW$16,800$11,7608.0 yrs$34,6338,541
8 kW$22,400$15,68010.3 yrs$32,44611,388
10 kW$28,000$19,60012.5 yrs$28,52614,235
12 kW$33,600$23,52014.5 yrs$24,60617,082

Includes 30% federal ITC + 0% Ohio state credit. Assumes 3% annual electricity rate increase and 0.5% panel degradation.

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Ohio Solar Incentives

Federal ITC (2026)30% of system cost
Ohio State Credit0%
Combined savings (8kW)$6,720
Net system cost (8kW)$15,680

Ohio Energy Profile

Avg Electricity Rate14.5¢/kWh
Avg Gas Price$3.20/gal
Avg Annual Electric Bill$1,320
Peak Sun Hours/Day3.9 hrs

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Is Solar Worth It in Ohio?

Ohio averages 3.9 peak sun hours per day, which means an 8 kW solar system would produce approximately 11,388 kWh per year. At the state's average electricity rate of 14.5¢/kWh, that translates to significant annual savings on your electric bill.

With the federal 30% Investment Tax Credit and Ohio's 0% state incentive, an 8 kW system costing $22,400 drops to just $15,680 after credits — with a payback period of approximately 10.3 years.

Over 25 years, homeowners in Ohio can expect to save $32,446 with an 8 kW system, factoring in panel degradation and rising electricity costs. The combination of moderate sun exposure and federal incentives makes solar a solid investment in Ohio.