Columbus, OH
Electrification ROI based on AEP Ohio rates and local rebates
Population: 905,000•Climate: cold•Electric: $0.125/kWh•Gas: $1.05/therm
Best Upgrade
Solar Panels
13.2 years • 43% ROI
Annual Savings
$2,325/year
Full electrification
Total Incentives
$11,650
Federal + utility rebates
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Detailed ROI by Upgrade
Heat Pump HVAC System
Replace gas furnace + AC with an all-electric heat pump
🌡️
Costs
Upfront cost:$12,000 - $18,000
Federal tax credit:-$2,000
AEP Ohio rebate:-$800
Net cost:$9,200 - $15,200
Savings & ROI
Annual savings:$47/year
Simple payback:Not Recommended
15-year ROI:-95%
CO₂ reduction:0.6 tons/year
15-year net savings:$-14,296
Solar Panels (6kW System)
Generate your own electricity from the sun
☀️
Costs
Upfront cost:$15,000 - $21,000
Federal tax credit (30%):-$5,400
Net cost:$9,600 - $15,600
Savings & ROI
Annual savings:$986/year
Simple payback:13.2 years
25-year ROI:43%
CO₂ reduction:3.6 tons/year
Full Electrification Package
Heat pump + Solar + Heat pump water heater + EV charger
⚡
Costs
Total upfront cost:$30,300 - $45,000
Total federal credits:-$10,400
Total utility rebates:-$1,250
Net cost:$18,650 - $33,350
Savings & ROI
Annual savings:$2,325/year
Simple payback:11.6 years
15-year ROI:-2%
Total CO₂ reduction:10.4 tons/year
15-year net savings:$-2,776
Columbus Energy Context
Climate & Usage
Climate zone:cold
Heating degree days:5,650
Cooling degree days:950
Avg home size:2,000 sq ft
Energy Costs
Utility provider:AEP Ohio
Electricity rate:$0.125/kWh
Natural gas rate:$1.05/therm
Avg monthly bills:$142 elec + $78 gas
Ready to Get Started?
These are estimates based on average homes in Columbus. Get personalized quotes from vetted local contractors to see exact costs for your home.
Get Free Quotes