Apricot Solar has a location in Cleveland, OH and services the entire state!
Ohio Solar Panel Incentives
When you install solar in Ohio, you can take advantage of these incentives, including Ohio renewable energy credits and rebates for the solar energy your system produces.
More Money-Saving Incentives
On top of the fantastic SREC and net metering programs in Ohio, there are more incentives for installing solar in Ohio. All these great incentives are a major reason why over 503 megawatts (MW) of solar is already installed in Ohio.
Ohio Renewable Energy Credits
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!
State-Sponsored Interest Rate Reductions
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.
Ohio Net Metering
Ohio Net Metering allows you to earn credits on your electric bill on days when your system produces more energy than you use. You can use those credits on days when your system produces less than you need (can happen in wintertime some). Customers of Duke Energy in Ohio can take advantage of one of the best Ohio net metering policies.
Federal Solar Tax Credit (ITC)
The Federal Solar Tax Credit is 26 percent for construction started before until Dec. 31, 2022.
Similar to other solar tax credits, with the ITC you can deduct 26% of the cost of your solar energy system from your federal taxes.
In 2023, the solar ITC drops to 22%.
A combination of Federal and Ohio solar programs are making it possible to get solar installed on your home at no cost while also reducing your monthly bills. This program is running out and only some homes qualify.
In an effort to reduce demand on the grid, your utility company will now pay you a credit for going solar if you submit an application before the end of the year. Save immediately and get paid for switching to solar with $0 spent out of pocket.
To see if you live in an active zip code just answer the questions above.
Eliminate Energy Costs
Add Value To Your Home
Help Save The Planet
Start saving day one by reducing or even eliminating your electric bill
EARN MONEY BACK
Sell your excess solar energy back to your utility company
Have peace of mind from increasing electric rates
GENERATE YOUR OWN CLEAN ENERGY
Decrease your carbon footprint and help protect the environment