Does residential energy storage make sense in ohio

Is solar a profitable investment in Ohio?

Ohio ranks 22nd in the country for solar installations. The average electricity rate is 15.85 cents per kilowatt-hour, and the average solar payback period is 11 years. Homeowners in Ohio are eligible for the Solar Renewable Energy Credits (SRECs) Program and the federal solar investment tax credit (ITC).

How can energy storage technology help Ohio consumers?

Improved energy storage technology can help wind and sun’s ability to meet energy needs, even at night and on windless or cloudy days. Ohio consumers have the option to choose who provides their electricity. Some marketers and governmental aggregators may offer green energy options. Always compare prices when considering these offers.

How much electricity does a typical Ohio household use per year?

For example, the typical Ohio household uses 10,548 kWh per year. Using this formula, the typical household would need a 9-kW system. Your equipment costs will vary depending on the size of your system and the efficiency of the panels you choose.

Should Ohio consumers choose a green energy provider?

Ohio consumers have the option to choose who provides their electricity. Some marketers and governmental aggregators may offer green energy options. Always compare prices when considering these offers. Consumers should avoid “greenwashing,” which is a deceptive marketing tactic that could under-deliver green energy and over-charge them.

Does a solar-plus-storage system work if you don't use electricity?

While most jurisdictions require homes to be connected to their local utility even if they don't use any electricity from the utility, a solar-plus-storage system takes you closer to “off the grid” status. Battery storage means you don’t have to rely on your utility to deliver electricity to your home most days of the year.