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Cincinnati, also known as the “Queen City”, is a great place to go solar. Not only does switching to solar energy help to save the environment, but there are also plenty of financial reasons to go solar. This is especially true when you live in Cincinnati because the state of Ohio incentivizes its residents to go solar. With their 2027 renewable energy goals of 12.5 percent of its electricity from renewable resources, it’s easy to see why more homeowners in Ohio than ever are switching to solar power for their homes. In the last few years, solar energy in the state of Ohio has exploded, which means more opportunities for you to have solar panels installed affordably on your home. If you’re considering the switch, keep reading to find out why now is the time.
If you’re ready to make the decision to switch to clean energy, it’s important to choose the right installer. Let’s go through some of the most important things to be aware of when choosing a solar panel installer in Cincinnati.
Home solar power in Ohio has been dramatically expanding in the last few years and is expected to continue expanding thanks to a combination of federal, state, and local solar power incentives. Finding the right solar installer in Ohio may be overwhelming, but ADT Solar, a top rated solar company in the nation has you covered. ADT Solar has a reputation for providing quality service since 2008 and in 2021 Solar Power World ranked us #2 for Top Residential Solar Installer in the United States.
As one of the largest residential solar installers in the nation, we take care of you every step of the way. We have helped thousands across the nation save money and gain energy independence. We make going solar an easy decision and wise investment. Want to know more? Contact us for a quote or keep reading to find out why going solar in Cincinnati is worth it.
Call (866) 450-1012 or complete the questions and an ADT specialist will contact you with a quote.
With all the incentives that Ohio offers its residents, it’s easy to see why solar panels are worth it in Cincinnati. Switching to solar power already helps you save on your electric bills, and with extra savings from the federal solar tax credit, state rebates, net metering, and property and sales tax exemptions, you’ll be saving money in no time.
You may also be wondering if solar panels can get enough sunlight on your home in Cincinnati. In fact, solar panels still work on cloudy days and when it’s snowing. Ohio receives a decent amount of sunshine and with nice long summer days, you’ll be producing plenty of sunshine. With the addition of solar battery storage, you can also store extra sunshine during peak hours on those shorter winter days. And as a bonus, you’ll be protected during outages and storms with your stored solar energy.
This is where you can find out about most of the incentives available to you in Cincinnati. However, it’s best to consult with a professional in order to find out everything that is available to you and what going solar would look like for your individual situation. It’s difficult to understand all the cost benefits of going solar given the wide range of variables. Why not let the professionals help you out with the calculations? You can schedule a no-hassle consultation with a Solar Specialist from ADT Solar. In the meantime, here is a breakdown of the solar incentives available in Cincinnati.
The best incentive for going solar anywhere in the U.S. is offered by the federal government. The Solar Federal Tax Credit is a massive 26% of your entire solar system, including installation and solar battery. Going green in Ohio is easier than ever with this incentive. The federal government knows that renewable clean energy, like solar power, is the best way to power your Ohio home. Because of this, they’ve put the 30% Federal Solar Tax Credit into place to help people purchase and install solar panels. With this incentive, you can get up to 30% of the total cost of your Ohio solar panels back in tax credits. And if you don’t use all your tax credits that year, they just roll over to the next year. The Solar Federal Tax Credit for homeowners will drop to 26% in 2033 and 22% in 2034.
Another way that Ohio incentivizes solar power is via a statewide net metering policy. Net metering, simply put, means you’ll get a credit back for any energy your panels produce with the help of the sun but don’t use to power your home. This happens most often during the days’ peak sunlight hours, and this credit can be used for the energy you consume from the electric grid during the night.
Duke Energy is one of the main companies in Cincinnati that provides a net metering program for home solar energy.
Solar Renewable Energy Certificates or SRECs are just another way the state of Ohio is rewarding their residents for choosing solar energy for their home energy needs. This is a program in which you can earn an SREC for each megawatt hour (MWh) of electricity your panels generate. You can then sell these SRECs for cash! Just another way you profit off switching to clean solar energy.
The Energy Conservation for Ohioans program provides another incentive for homeowners who complete energy-efficient upgrades or install renewable energy products. This incentive is a reduced interest rate on qualifying loans and is up to 3% interest rate reduction on bank loans for up to seven years.
Home improvements or additions to your home may often raise the amount of property tax on your home. But in Cincinnati, solar panels are completely property tax exempt. That means all the value without having to pay additional property taxes for the solar panels installed on your home.
The good news about purchasing solar panels in Oho is that solar equipment is exempt from sales tax in the state of Ohio. That means you have the opportunity to raise the value of your property and switch to clean energy with a 5.75% savings.
Since 2008, ADT Solar has a proven history and reputation for providing quality service, and was ranked #2 for 2021 Solar Power World’s Top Residential Solar Installer in the United States. We are proud to offer some of the best warranties you can find in the solar industry and only use products that offer the same.
If you’re ready to take the next step, or even if you’re considering what it would take to get you there, contact us to discover all your options. We install solar panels in Cincinnati and across the state of Ohio. Contact us today to see if we service your area and get free solar quotes for your particular needs.
*Tax and credits or incentives including those provided by federal, state, or local governments may change or end. This can impact the amount of money you might save. Consult a tax professional to understand any tax liability or eligibility for any tax credits that may result from the purchase of your solar system.
**If you have taxable income and own the system, you may qualify for the federal investment tax credit (ITC). It is your responsibility to determine your eligibility and to apply. Consult a qualified tax professional for assistance and details.