Are Solar Panels Worth it in Ohio?

There is enough solar in Ohio to power over 107,000 homes. According to the Solar Energy Industries Association, Ohio is ranked 25th in the nation for solar. Ohio is not only a great state for solar, but there are several incentives that solar customers in Ohio can apply for.

Ohio does not offer a state tax credit, but residents can claim a 30% federal tax credit. The federal tax credit allows solar customers to apply 30% of their system cost to their federal income tax. Ohio residents may claim this credit if their solar system is installed before 2033.

Ohio residents can also apply for the ECO-Link program. This program allows eligible borrowers to receive up to a 3% reduction on their solar loans up to $50,000.

Grid-tied solar customers are eligible for the net metering program. The net metering program allows you to send excess energy production to the grid. When electricity is sent from your solar system to the grid, you will accumulate a credit with your power company. In times when your system underproduces, you can take energy from the grid and pay for it with your credits.