Cost Of Solar Panels In Ohio

Ohio residents will usually generate the most power in july.

Cost of solar panels in ohio.

As of september 2020 the average solar panel cost in ohio is 2 84 w given a solar panel system size of 5 kilowatts kw an average solar installation in ohio ranges in cost from 12 070 to 16 330 with the average gross price for solar in ohio coming in at 14 200 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you. From ohio data it is shown that the average cost of a solar panel installation ranges from 12 070 to 16 330. For now the electrcity from a 5 kw solar system will cost you 567 per year while the same amount of power would have cost 667 from the utility company. No local installers or providers available.

Solar panel cost data ohio 2020 updated. On a cost per watt w basis a solar panel installation in ohio ranges in price from 2 41 to 3 27. A savings of 100 that might not sound like a great deal but as the utility company raises rates you will start to see larger savings. A 5kw system will save someone in ohio about 78 82 on an average month.

The average cost for an installed residential solar system in ohio is currently 11 118 after claiming the 26 federal solar tax credit. Solar panel cost in ohio. Solar panel installers in ohio. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.

As of sep 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.