Solar Panel ROI in 43604
Toledo, Ohio — Is solar worth it here? Here's what the data says.
2.0x ROI Score
12.4 yrs Payback Period
$1,110/yr Annual Savings
$27,750 25-Year Savings
Your savings estimate
$ /mo bill
Annual savings $1,110
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Payback 12.4 yrs
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25-yr savings $27,750
Solar Calculator for 43604 (Toledo)
Adjust values to see your personalized solar ROI estimate for Toledo, Ohio.
kW
$
$ /kWh
4.4 kWh/m²/day
Based on NREL data for Toledo, OH ROI Score 2.0x
Annual Production 7,709 kWh
Annual Savings $1,110
Payback Period 12.4 years
25-Year Savings $27,750
After 30% ITC $9,660
Solar Data for 43604 – Toledo, OH
Solar Irradiance 4.4 kWh/m²/day -11.3% vs national avg
vs Ohio Avg -2% State avg: 4.54 kWh/m²/day
Electricity Rate $0.144/kWh Ohio average rate
Annual Production 7,709 kWh 6kW system estimate
Toledo's 4.4 kWh/m²/day is 11.3% below the national average. At $0.144/kWh, the 12.4-year payback is moderate. Tax credits and incentives can shorten it meaningfully.
Solar Incentives for Toledo, Ohio
Federal Investment Tax Credit (ITC)
Claim 30% of your system cost as a federal tax credit. On a $13,800 system, that's $4,140 back.
Net Metering
Most Ohio utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.
Ohio State Programs
Check with the Ohio energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Toledo.
43604 vs Ohio Average
Solar Irradiance
43604: 4.4 OH avg: 4.54
Payback Period
43604: 12.4 yrs OH avg: 12.4 yrs
Annual Savings
43604: $1,110 OH avg: $1,115
25-Year Savings
43604: $27,750 OH avg: $27,875
See the full Ohio solar guide for statewide data and incentives.