Solar panels installed on a residential home in Ohio

Solar Panel Cost in Ohio

Updated 2026 guide to solar panel prices, savings, and payback period in Ohio.

Estimated Solar Savings

$2.90Cost Per Watt
$17,400Avg. System Cost
9Year Payback
$28,00025-Year Savings

Solar Panel System Costs in Ohio

Below are estimated costs for different solar panel system sizes in Ohio, including the 30% federal solar tax credit.

System SizeCost Before IncentivesFederal Tax Credit (30%)Net CostEst. Annual Production
4 kW$11,600-$3,480$8,1205,402 kWh
6 kWMost Popular$17,400-$5,220$12,1808,103 kWh
8 kW$23,200-$6,960$16,24010,804 kWh
10 kW$29,000-$8,700$20,30013,505 kWh
12 kW$34,800-$10,440$24,36016,206 kWh

What Affects Solar Panel Cost in Ohio?

The average cost of solar panels in Ohio is $290/watt before incentives. For a typical 6kW residential system, that means a total cost of about $17,400 before the federal tax credit.

After applying the 30% federal Investment Tax Credit (ITC), your net cost drops to approximately $12,180.Ohio homeowners typically see a payback period of 9 years and save an estimated $28,000 over 25 years.

Ohio solar costs have decreased approximately 39% over the last decade. The state's SREC market provides additional revenue that helps shorten the payback period.

Factors that affect your cost:

  • System size: Larger systems cost more but have a lower cost per watt
  • Equipment quality: Premium panels and inverters cost more but offer better efficiency
  • Roof complexity: Steep roofs, multiple levels, or shading can increase installation costs
  • Local labor rates: Installation costs vary by region within Ohio
  • Incentives: State and local programs can significantly reduce your out-of-pocket cost
Beautiful home with solar panels in Ohio demonstrating residential solar installation

Solar Incentives in Ohio

Federal Solar Investment Tax Credit

30% Federal Tax Credit (ITC)

Ohio homeowners can claim the 30% federal ITC and benefit from the state's SREC market for additional solar income.

30%

State & Local Incentives

Ohio Solar Renewable Energy Credits

SREC

Ohio's Renewable Portfolio Standard requires utilities to source a percentage of energy from solar, creating demand for SRECs.

$10-$25 per SREC

Property Tax Exemption

Property Tax

Ohio provides a property tax exemption for the added value of qualified solar energy equipment.

100% property tax exemption on solar value

Net Metering

Ohio requires investor-owned utilities to offer net metering for residential solar systems. Customers receive credits at the full generation rate.

Available

SRECs

Ohio has an SREC market as part of its Renewable Portfolio Standard. While SREC prices have been lower than in neighboring states, they still provide additional revenue for solar owners.

Est. Value: $10-$25 per SREC

Available
View all Ohio solar incentives →

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Top Solar Companies in Ohio

Affordable Solar Roof & Air

4.9(721 reviews)

Years in Business: 14

Service Area: Columbus

Phone: (800) 515-1254

Sunergy Solutions LLC

4.9(146 reviews)

Years in Business: 6

Service Area: Columbus

Phone: (603) 289-1090

Green Power Energy

4.8(406 reviews)

Years in Business: 17

Service Area: Columbus

Phone: (855) 525-1675

Gold Path Solar

4.8(87 reviews)

Years in Business: 5

Service Area: Ohio

Phone: (833) 308-3363

Coldstream Solar

4.8(41 reviews)

Years in Business: 9

Service Area: Ohio

Phone: (513) 258-0450

View all Ohio solar companies →

Solar Panel Cost FAQ - Ohio

The cost of solar panels in Ohio typically ranges from $2.50 to $3.50 per watt before incentives. For a standard 6 kW residential system, homeowners in Ohio can expect to pay between $15,000 and $21,000 before the federal tax credit. After applying the 30% federal Investment Tax Credit, the net cost drops to approximately $10,500-$14,700. Actual costs vary based on your specific roof, chosen equipment, and installer. We recommend getting at least three quotes from local Ohio solar installers to find the best price.

The average solar payback period in Ohio depends on local electricity rates, available incentives, and sun exposure. Most Ohio homeowners see a payback period between 6 and 10 years. After the payback period, you essentially enjoy free electricity for the remaining 15-20+ years of your system's life. Higher local electricity rates and additional state incentives can shorten the payback period significantly. A qualified Ohio solar installer can calculate your specific payback period based on your energy usage and roof characteristics.

Ohio homeowners who install solar panels typically save between $20,000 and $50,000 over 25 years, depending on system size, electricity rates, and available incentives. These savings come from reduced or eliminated electricity bills, net metering credits, and any applicable SREC income. As electricity rates in Ohio continue to rise (historically averaging 2-3% annually), your savings grow each year. The combination of the 30% federal tax credit and any Ohio-specific incentives helps maximize your return on investment.

The right solar system size for your Ohio home depends on your electricity consumption, roof space, and budget. The average Ohio home uses approximately 10,000-11,000 kWh per year, which typically requires a 6-8 kW solar system. To determine your ideal size, review your annual electricity usage on recent utility bills. Factors like Ohio's average peak sun hours, your roof orientation, and any shading will affect how many panels you need. A professional Ohio solar installer will use satellite imagery and your usage data to recommend the optimal system size.

Yes, solar is generally worth the investment for Ohio homeowners in 2025. With solar panel costs at historic lows, the 30% federal tax credit still available, and electricity rates continuing to rise, the financial case for solar in Ohio is strong. Most Ohio homeowners who go solar see positive returns within 6-10 years, followed by 15-20+ years of significant savings. Additionally, solar panels increase your home value, provide energy independence, and protect against future electricity rate increases. The best way to determine if solar is right for your Ohio home is to get a free, customized quote from a qualified local installer.

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30%Federal Tax Credit
25+Year Savings
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