Solar Panel Savings in Franklin, OH

Calculate how much you can save with solar panels in Franklin, Ohio. Based on 3.8 peak sun hours/day and 11.2¢/kWh average electricity rate.

3.8

Peak Sun Hours/Day

11.2¢

Avg Rate (¢/kWh)

14.8 yr

Payback Period

$26k

25-Year Savings

Franklin Solar Overview

Population:28,680
Sunny Days/Year:170
Avg Temperature:49°F
Solar Penetration:1.9%
Utility Company:AEP Ohio
Net Metering:Available

Calculate Your Franklin Solar Savings

3 kW15 kW

Franklin average: $101/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

6,658

kWh/year

Annual Savings

$748

per year

Net System Cost

$10,836

after 30% ITC

Payback Period

14.5 yr

break-even time

25-Year Total Savings

$25,550

Monthly Savings

$62

Federal Tax Credit

$4,644

Cumulative Savings vs System Cost

$0k$7k$13k$20k$27kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemFranklinNational Avg
Gross System Cost (6kW)$15,480$17,100
Federal Tax Credit (30%)-$4,644-$5,130
Net System Cost$10,836$11,970
Cost Per Watt$2.58/W$2.85/W

Solar Potential in Franklin

Sun Hours vs National Average

3.8 hrs
4.5 hrs

Franklin gets 16% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 170 sunny days per year
  • Average temperature: 49°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,542 sq ft — enough for a 85-panel system

Franklin Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $15,480 system, that's a $4,644 credit. Valid through 2032.

Ohio State Incentives

Property tax exemption for solar.

Net Metering — AEP Ohio

AEP Ohio offers net metering in Franklin. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Franklin

2.8

Tons CO2 Offset/Year

46

Equivalent Trees Planted

0.6

Homes Worth of Energy

Based on 6,658 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Franklin, Ohio

Franklin, Ohio receives an average of 3.8 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 11.2¢ per kWh from AEP Ohio, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in Franklin produces approximately 6,658 kWh per year, saving homeowners an estimated $748 annually. The system pays for itself in about 14.5 years, after which you enjoy essentially free electricity for the remaining 11+ years of the system's warranty life.

Franklin has a solar penetration rate of 1.9% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 90.8 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in Ohio

Frequently Asked Questions

How much do solar panels cost in Franklin, OH?

The average cost of a 6kW solar panel system in Franklin is approximately $15,480 before incentives ($2.58/watt). After the 30% federal Investment Tax Credit, the net cost is about $10,836. Property tax exemption for solar.

How many peak sun hours does Franklin get?

Franklin, OH receives an average of 3.8 peak sun hours per day and approximately 170 sunny days per year. While below the national average, solar panels can still provide significant savings due to advancing panel technology.

What is the solar payback period in Franklin?

The average solar payback period in Franklin is approximately 14.8 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $25,550.

Does Franklin have net metering?

Yes, Franklin has access to net metering through AEP Ohio. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Franklin, OH?

Yes, solar is a solid investment in Franklin. While the 14.8-year payback is moderate, you'll still save $25,550 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.

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