ElectrifyCalc

2026 · No Federal Tax Credit · NREL + EIA Data

Solar Panels in Ohio: Cost, Payback & ROI (2026)

Is solar still worth it in Ohio after the 30% federal tax credit expired? These pre-computed estimates use NREL PVWatts production data and current 13.5¢/kWh Ohio electricity rates for a typical home using 900 kWh/month.

Section 25D (30% federal solar tax credit) expired December 31, 2025

All numbers below reflect 2026 math with no federal residential credit. State incentives, where applicable, are noted in the section below.

Ohio Solar at a Glance

Based on a 900 kWh/month home ($122/mo electric bill at 13.5¢/kWh), 100% offset, no state rebate applied.

System Size

9.0 kW

For 900 kWh/month home

Estimated Cost

$26,550

At $2.95/W (LBNL 2024 avg)

Payback Period

15.7 years

Without state rebate

First-Year Savings

$1,458

Estimated annual savings

25-Year Savings

$46,626

Cumulative before rebate

Net 25-Year Benefit

$20,076

Savings minus system cost

Electricity Rate

13.5¢/kWh

near average vs. 16.0¢ U.S. avg · EIA 2025

Solar Resource

1,200 kWh/kW/yr

limited · 3.7 peak sun hrs/day · NREL PVWatts

Is Solar Worth It in Ohio in 2026?

Ohio's 13.5¢/kWh average rate and modest solar resource make it a moderately competitive solar market. The state has rolled back some of its renewable energy mandates in recent years, which has limited state-level incentive programs. Net metering is available through major utilities (AEP Ohio, FirstEnergy, DP&L) at retail rates for systems under 25 kW.

For a typical Ohio home consuming 900 kWh per month, our calculation shows a 9.0 kW system needed for 100% offset. At the current national average installed cost of $2.95/W (LBNL Tracking the Sun 2024), that's $26,550 gross before any state rebates. Year-one savings of $1,458 grow each year as electricity rates escalate — the model assumes 2.5%/year (EIA AEO 2024).

The 15.7 years payback period is longer than the national average due to low electricity rates or limited solar resource. Over 25 years — the standard warranty period for most premium panels — a Ohio homeowner following this profile would save an estimated $46,626 total, for a net benefit of $20,076 after recovering the system cost.

Year-by-Year Savings Snapshot: First 10 Years

Based on 9.0 kW system, 0.5%/yr degradation, 2.5%/yr rate escalation, no state rebate.

YearProduction (kWh)Annual SavingsCumulative
Year 110,800$1,458$1,458
Year 210,746$1,487$2,945
Year 310,692$1,517$4,462
Year 410,639$1,547$6,008
Year 510,586$1,577$7,586
Year 610,533$1,609$9,194
Year 710,480$1,641$10,835
Year 810,428$1,673$12,508
Year 910,375$1,707$14,215
Year 1010,324$1,741$15,956

System cost to recover: $26,550. Table shows savings without state rebate applied. Use the interactive calculator to enter your actual bill and any rebate.

Solar Incentives in Ohio (2026)

Ohio's main solar benefit is net metering and a sales tax exemption on solar equipment. The state has no dedicated solar rebate program.

  • Retail-rate net metering (Ohio Revised Code 4928.67)
  • Sales tax exemption on solar equipment
  • Ohio Development Services Agency energy loans

Incentive programs change frequently. Verify current offerings at dsireusa.org or directly with your utility before making any purchasing decision.

How We Calculate Ohio Solar ROI

These estimates use the same methodology as our interactive solar ROI calculator, applied to Ohio-specific data:

System cost

$2.95/W installed

LBNL Tracking the Sun 2024

Solar production

1,200 kWh/kW/yr

NREL PVWatts v8

Electricity rate

13.5¢/kWh

EIA Residential Rates 2025

Rate escalation

2.5%/year

EIA Annual Energy Outlook 2024

Panel degradation

0.5%/year

NREL (Jordan & Kurtz, median)

System lifetime

25 years

Standard warranty period

No Section 25D (federal residential solar credit) is included — it expired December 31, 2025. State incentives are not reflected in these pre-computed figures; use the interactive calculator to enter specific rebate amounts.

Calculate With Your Actual Numbers

The figures above use statewide averages. Enter your actual monthly bill, any Ohio rebate amounts, and your offset target in our interactive calculator for a personalized estimate.

Frequently Asked Questions — Solar in Ohio

Estimates are based on NREL PVWatts v8 production data, EIA 2025 electricity rates, and LBNL 2024 installed cost benchmarks. Actual savings vary by roof pitch, shading, utility rate structure, and local permit costs. This is not financial advice. Consult a licensed solar installer before making any purchasing decision.