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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 panels ohio. Solar panel cost in ohio. If a solar system costs 15 000 the amount you would have to pay in sales tax would be 862 50. This is 2 50 per watt. From ohio data it is shown that the average cost of a solar panel installation ranges from 12 070 to 16 330.
Thanks to the sales tax exemption you don t have to spend the additional nearly 1 000. 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. Prices data october 2020 updated.
On a cost per watt w basis a solar panel installation in ohio ranges in price from 2 41 to 3 27. The average cost for an installed residential solar system in ohio is currently 11 118 after claiming the 26 federal solar tax credit. Purchasing solar energy produced by homeowners is one way utilities can meet the standard. 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.
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