If you’re considering solar for your Ohio-based business, now is a good time to make the switch.
Prices for solar in Ohio have dropped 47% in the last year alone (as of Q2 2018). This drop in cost means you break even faster and start generating free electricity sooner.
A 50 kW to 100 kW commercial solar system typically costs between $130,000 and $250,000 before financial incentives are applied. With available incentives, you could recoup 26% to 75% of the system’s cost within the first year.
The average commercial solar system can save you $100,000 to $350,000 over the 30+ years of the solar system’s life.
These numbers are averages based on projects we have completed in Ohio.
A Real-World Example From Ohio
To illustrate a cost situation, we’ve highlighted nüCamp, a manufacturer of RVs and teardrop trailers based in Sugarcreek, OH.
System Overview
The short answer is yes. But first, let’s explore a bit about how we estimate solar production.
Solar power estimates are based on a measurement called a Peak Sun Hour (PSH). A PSH represents the amount of solar energy available during a day. The average PSH in Ohio is 4.15 hours per day (based on fixed-tilt solar panels).
For comparison, look at Germany.
Germany is not known as a sun-drenched country. However, Germany has long been a leader in global solar output. In 2014, Germany produced 177 GW from solar power (1 GW is about equal to the output of a large natural gas or nuclear power plant.)
Peak Sun Hours (PSH) in Ohio Cities
Source: turbinegenerator.org
Campbell's Soup in Napoleon. Solar installation provides 15% of the facility’s electricity.
Assurant in Springfield. Added 6,200 solar panels on rooftops and 15 new parking canopies.
Ohio Solar Statistics and Policies
>SEIA - Ohio Solar Policy
Ohio Solar Incentives, Rebates, and Grants
>Database of State Incentives for Renewables & Efficiency (DSIRE)
>Clean Energy Authority
Resources From Our Blog
>Cash Purchase vs. Operating Lease vs. Capital Lease
>Advantages of Solar Power for Your Commercial Property
The first step to making a great solar investment is to receive a no-obligation custom quote. We’ll evaluate your current energy usage, conduct a site assessment, go over financing options and incentives, and provide you with a free detailed quote that shows the cost, ROI, and a year-to-year cash flow.