Cost & Savings Breakdown
Based on $150/month electric bill in Cincinnati
System Size
8.2 kW
Annual Production
10,580 kWh
Gross System Cost
$24,292
Federal Tax Credit (30%)
-$7,288
State Incentive
-$500
Net Cost
$16,504
Monthly Savings
$122
CO₂ Offset/yr
9,733 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityDuke Energy OH
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit1 MW limit
Electricity Rate$0.138/kWh
Peak Sun Hours4.4 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Ohio State Incentive — Ohio offers a sales tax exemption on solar equipment.
Common Questions
How much does solar cost in Cincinnati?
Solar in Cincinnati, Ohio costs approximately $24,292 for a 8.2 kW system. After the 30% federal tax credit, your net cost is about $16,504.
What is the solar payback period in Cincinnati?
The estimated payback period for solar in Cincinnati is 11.3 years, based on a $150/month electric bill and local sun hours of 4.4 hrs/day.
Does Duke Energy OH offer net metering?
Duke Energy OH offers Full Retail net metering. Full retail rate.