Making Solar Power Affordable For All
Incentives to go solar in Ohio.
SOLAR NET METERING IN OHIO
Your solar panels will often produce more electricity than you need, but thanks to Ohio’s net metering policy, you will be able to sell this back to the grid in exchange for credits on your utility bill. When you need more electricity than your panels are producing, you can use those credits instead of buying electricity from your utility.
SOLAR RENEWABLE ENERGY CREDITS (SRECs)
Ohio offers an SREC program. SRECs, also known as Solar Renewable Energy Credits, let you earn credits for every kilowatt-hour (kWh) of solar energy your system creates. Each year, you could make money by selling your solar credits in the SREC market.
For each megawatt hour (or 1,000kWh) of electricity your solar panels produce, you will be granted one SREC that you can sell for extra cash. See latest market prices here.
STATE-SPONSORED INTEREST RATE REDUCTIONS
Ohio has also created the Energy Conservation for Ohioans Program to make it less expensive for you to finance your solar energy system. All you have to do is successfully apply for the program and you will receive up to a 3 percent interest rate reduction on your bank loans, for up to seven years. Ask us how we can help you apply today!
FEDERAL TAX INCENTIVES
Federal Solar Tax Credits for 30% of the installation cost is applicable to all solar installations. Also, there is accelerated depreciation for commercial applications that can assist in moving to clean, renewable energy.
As per our standard operating procedure, we advise each customer talks with their tax professional.
ZERO DOWN, ZERO % FINANCING
Going Green Won’t Cost You Green. Solar Liberty can help you start saving with your residential solar power system installation in Ohio, as we require little or no money upfront. We offer a number of flexible financing options to meet your specific needs.
Solar Liberty services the State of Ohio with crews operating out of Akron, Cleveland, Columbus, Toledo and Youngstown.