Solar Savings Calculator for Youngstown, OH

Homeowners in Youngstown pay an average of $130/month for electricity through Ohio Edison (FirstEnergy). With 3.7 peak sun hours per day, solar panels can significantly reduce your energy costs.

$130
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
3.7h/day
Peak Sun Hours
$39,433
Est. 25-Year Savings

Calculate Your Savings in Youngstown

Adjust Your Details for Youngstown, OH

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Your Estimated Solar Savings

System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$21,280
Federal Tax Credit (30%)
-$6,384
Net Cost
$14,896
Annual Savings
$1,560
Payback Period
9.5 years
25-Year Savings
$39,433
Return on Investment
265%

* Estimates based on 3.7 peak sun hours/day in Youngstown, 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 Youngstown

Utility & Permits

Utility Company
Ohio Edison (FirstEnergy)
Permit Cost
$275
Permit Timeline
2-3 weeks
Net Metering
full

System Estimates

Recommended Size
7.6 kW
Panel Count
19 panels
Gross Cost
$21,280
Net Cost (after credits)
$14,896

Available Incentives for Youngstown, 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.

30% of system cost

Ohio SREC Program

Solar Renewable Energy Credits earned for solar production.

$10-30 per SREC

Other Cities in Ohio

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