Solar Savings Calculator for Cleveland, OH
Homeowners in Cleveland pay an average of $140/month for electricity through Cleveland Public Power / FirstEnergy. With 3.7 peak sun hours per day, solar panels can significantly reduce your energy costs.
$140
Avg Monthly Bill
16¢/kWh
Electricity Rate
3.7h/day
Peak Sun Hours
$42,828
Est. 25-Year Savings
Calculate Your Savings in Cleveland
Adjust Your Details for Cleveland, OH
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
8 kW
Panel Count
20 panels
Total System Cost
$22,400
Federal Tax Credit (30%)
-$6,720
Net Cost
$15,680
Annual Savings
$1,680
Payback Period
9.3 years
25-Year Savings
$42,828
Return on Investment
273%
* Estimates based on 3.7 peak sun hours/day in Cleveland, OH, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Cleveland
Utility & Permits
- Utility Company
- Cleveland Public Power / FirstEnergy
- Permit Cost
- $375
- Permit Timeline
- 3-5 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 8 kW
- Panel Count
- 20 panels
- Gross Cost
- $22,400
- Net Cost (after credits)
- $15,680
Available Incentives for Cleveland, OH
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Ohio SREC Program
Solar Renewable Energy Credits earned for solar production.
Other Cities in Ohio
More Solar Tools for Cleveland
Cleveland Solar IncentivesAll available tax credits and rebatesCleveland Cost ComparisonSolar vs. grid costs over 25 yearsCleveland System SizingHow many panels your home needsCleveland Permits & RegulationsLocal permit requirementsIs Solar Worth It in Cleveland?Data-driven analysis for your cityCleveland Financing OptionsCompare loans, leases, and PPAs
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