Cost & Savings Breakdown
Based on $150/month electric bill in Cleveland
System Size
9.3 kW
Annual Production
11,406 kWh
Gross System Cost
$27,437
Federal Tax Credit (30%)
-$8,231
State Incentive
-$500
Net Cost
$18,706
Monthly Savings
$122
CO₂ Offset/yr
10,494 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityFirstEnergy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.128/kWh
Peak Sun Hours4.2 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 Cleveland?
Solar in Cleveland, Ohio costs approximately $27,437 for a 9.3 kW system. After the 30% federal tax credit, your net cost is about $18,706.
What is the solar payback period in Cleveland?
The estimated payback period for solar in Cleveland is 12.8 years, based on a $150/month electric bill and local sun hours of 4.2 hrs/day.
Does FirstEnergy offer net metering?
FirstEnergy offers Full Retail net metering. Full retail rate.