Solar Opportunities: Ohio
Solar Offerings and Incentives
Homeowners in Ohio who install solar equipment are eligible for the tax incentives described below.
State and Local Incentives
Property-Assessed Clean Energy (PACE) Financing- Local Option
In Ohio, the state has authorized towns to offer PACE financing. This program allows property owners to borrow money to pay for clean energy systems. This program is a local option, so check with your local government to find out if it is available in your town. Eligibility requirements and more information can be found here.
City of Cleveland - Residential Property Tax Abatement for Green Buildings
More information can be found here.
Federal Residential Renewable Energy Tax Credit
A federal-level investment tax credit (ITC) is now available to consumers wanting to purchase small wind turbines, solar panels, or geothermal heat pumps. The ITC, written into law through the Emergency Economic Stabilization Act of 2008, is available for equipment installed from Oct. 3, 2008 through Dec. 31, 2016. The credit covers 30 percent of the equipment cost, though some technologies have a credit cap of $2,000. More details and a complete list of eligible technologies can be found here.
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