The state of Ohio offers a number very enticing solar incentives that lowers the cost of solar and can also make money. There are no statewide Ohio tax credits or rebates for solar. But Ohio does offer substantial solar renewable energy credits (SRECs) and a net metering program.
Find up-to-date information on Ohio solar incentives and clean energy tax credits at the DSIRE program page for Ohio. (DSIRE is the Database of State Incentives for Renewables and Efficiency®.)
The Buckeye State has a plan to have at least 12.5% of its total energy come from renewable sources by 2027. To achieve this important goal, they will pay you for the solar energy you produce. The payments are known as renewable energy credits. For every megawatt hour (MWh) of electricity your panels produce, you receive one credit, which can be sold for around $15. So, a 10kW system can earn about $150 a year!
The Energy Conservation for Ohioians Program (ECO-Link) provides better financing terms for solar energy systems specifically. If you apply for the program, you could get up to a 3 percent interest rate reduction on on your solar financing loans, for up to 7 years.
MOXIE is one of the largest solar installation companies in the country. We’ll work with you to create a complete solar system that is affordable, sustainable and dependable.
1536 St. Clair Ave. NE, Suite 54
Cleveland, OH 44114