Ohio

Find out how much you can save by going solar in the Buckeye State

Want to lead Ohio's transition to solar energy?

Ohio has historically been one of the leading manufacturing states in the country. True to this identity, Ohio is now one of major solar manufacturing states in the U.S. as well. While we know nothing is quite as electrifying as a being in a packed-to-the-brim Ohio Stadium on a bone-chilling day, we think going solar in Ohio is pretty cool, too. As Ohioans and Americans alike continue to learn about the economics of solar technology - how it can actually reduce homeowner's utility bills and increase the value of their home in material ways - the industry will continue to grow.

Ohio bigwigs have already made clear their commitment to supporting renewable energy, as they've set a mandate to ensure that at least 12.5% of all energy generated in Ohio comes from renewable sources. Help Ohio lead the country's energy revolution and gain independence from the grid today.

Home Solar in Ohio Is More Affordable than Ever Before

  • 30% Federal Tax Credit
  • Renewable Energy Credits(RECs)
  • Sell Your Extra Production with Net Metering

What Our Ohio Solar Customers Are Saying

I have very carefully researched and vetted Dividend Solar and found that they are different from all the other solar financing solutions in several important ways. They only use the very best quality equipment and installers, and they provide a long term performance guarantee that makes the decision to go solar an easy one. I can highly recommend them to anyone seeking clean energy without hesitation!Geoff | Athens, OH

How Going Solar in Ohio Works

Step 1: Sign up online
Step 2: Talk to a solar specialist
Step 3: Check out your custom design
Step 4: Relax during installation
Step 5: Watch your savings grow

FAQs

The savings potential from going solar in Ohio can easily become a reality for you. Aside from saving money on your monthly electric bill, the other key incentive that helps solar ownership in Ohio make sense is the federal tax credit available in all 50 states.

This credit is applied to the federal taxes you pay each year, thereby lowering the net cost of your solar system. It is a great benefit of going solar: money that you would otherwise pay in taxes can now be used to own your solar system sooner. It is important to note that you can only reap the benefits of the federal tax credit* – which can cover up to 30% of your system's cost – if you own your system directly (instead of leasing it or choosing a Power Purchase Agreement). With a Dividend Finance solar loan, you own your system and you get all of the economic benefits of going solar in Ohio.

Finally, Ohio offers Renewable Energy Credits which can provide additional cash in your pocket on top of your utility bill savings. For more information on RECs, please see the next question!

*Dividend Finance does not provide tax or legal advice. Please consult your tax advisor for more information.

In Ohio, the typical solar energy system will produce between 8-10 megawatt hours of electricity each year, and every 1 megawatt hour of production also generates 1 Renewable Energy Credit ("RECs"). RECs can be sold to utility companies which allows them to meet their required quota of renewable energy production. It is very simple to sell RECs, and we offer an easy way to lock in REC payments for 5 or 10 years with a contract through one of our partners.

From a homeowner's perspective, Renewable Energy Credits are an additional source of savings that can add thousands of dollars of cash savings each year – on top of your utility bill savings! These RECs are a key driver of the economic benefits of going solar in Ohio, and help homeowners save money immediately.

*Dividend Finance does not provide tax or legal advice. Please consult your tax advisor for more information.

Need more information about going solar in Ohio?