Cost & Savings Breakdown
Based on $150/month electric bill in Columbus
System Size
8.5 kW
Annual Production
10,977 kWh
Gross System Cost
$25,205
Federal Tax Credit (30%)
-$7,562
State Incentive
-$500
Net Cost
$17,144
Monthly Savings
$122
CO₂ Offset/yr
10,099 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityAEP Ohio
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.133/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 Columbus?
Solar in Columbus, Ohio costs approximately $25,205 for a 8.5 kW system. After the 30% federal tax credit, your net cost is about $17,144.
What is the solar payback period in Columbus?
The estimated payback period for solar in Columbus is 11.7 years, based on a $150/month electric bill and local sun hours of 4.4 hrs/day.
Does AEP Ohio offer net metering?
AEP Ohio offers Full Retail net metering. Full retail rate.