Solar Panels Ohio

Solar panel cost ohio.

Solar panels ohio.

The state has a renewable portfolio standard rps that requires utilities to increase their sale of renewable energy sources to 8 5 by 2026. If a solar system costs 15 000 the amount you would have to pay in sales tax would be 862 50. The consensus on ohio solar power rebates and incentives. 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.

Solar panel cost in ohio. As of oct 2020 the average cost of solar panels in ohio is 2 5 per watt making a typical 6000 watt 6 kw solar system 11 118 after claiming the 26 federal solar tax credit now available. Thanks to the sales tax exemption you don t have to spend the additional nearly 1 000. Solar energy equipment purchased in ohio is exempt from the state s sales and use tax.

Those tax exemptions are just as good here as they can get but the performance of srecs is disappointing. Prices data october 2020 updated. This is lower than the average price of residential solar power systems across the united states which is currently 2 64 per. Benefits of solar power in ohio ohio has plenty of sunshine and numerous laws that favor adding solar power.

This is 2 50 per watt. The average cost for an installed residential solar system in ohio is currently 11 118 after claiming the 26 federal solar tax credit.