The Buckeye State has a history of renewable energy incentive programs including Solar Renewable Energy Credits (SRECs) and Net Metering. Most utilities, including AEP, Toledo Edison, and various Co-Ops, have favorable solar policies. Many of these utilities offer net metering up to one megawatt (MW) in Ohio. With a solar energy system, you can replace the energy you would buy from the electric company with energy made right at your farm or business. This allows you to own your power.
With accelerated depreciation available for businesses, grants for farmers and nonprofits, favorable utility policies, solar property and sales tax exemptions, and state-sponsored interest rate reduction programs for solar loans, solar energy in Ohio makes more financial sense than ever.
