The federal energy tax credits have expired
Costs and payback figures on this page may still assume a federal credit that no longer exists. The 30% Residential Clean Energy Credit (25D) and the Energy Efficient Home Improvement Credit (25C) both ended for property placed in service after 31 December 2025, and the home EV charger credit (30C) ended after 30 June 2026. Assume no federal credit on work done today.
What expired, and what still exists →Is Electrification Worth It in Ohio?
Ohio has cheap energy. Both gas and electric.
Natural gas averages $0.95/therm. Electricity runs $0.12-0.14/kWh depending on your utility. Climate is moderate—about 5,600 heating degree days in Columbus, more in Cleveland. You need real heating, but winter temps usually stay above 10°F. Heat pump rebates through AEP Ohio and other utilities help close the gap.
Heat pumps work fine in Ohio, but the economics aren't slam-dunk because gas is so cheap. Your payback period will probably be 8-12 years unless you're replacing oil/propane. The move that makes sense: If your AC is dying and your furnace is 15+ years old, replace both with a heat pump. Don't rip out a working 5-year-old furnace to go electric.
What Do Energy Costs Look Like in Ohio?
Here's the real data from EIA (Energy Information Administration). These are the rates that determine whether electrification makes financial sense.
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
Which Upgrades Pay Off the Fastest?
The economics are broken down for each major upgrade. Pay attention to the payback period—that's how long until savings equal your net cost.
Heat Pump HVAC
Solar Panels
Heat Pump Water Heater
EV Charger + Electric Vehicle
Should You Go All-In?
Here's what it costs to electrify everything at once—heat pump HVAC, solar panels, heat pump water heater, and EV charger. The upfront cost is high, but so are the savings.
Best ROI for Ohio
Based on your state's energy costs and climate, EV Charger offers the best return on investment with an average payback of 1.3 years and an ROI of 1460%.
0.0 years slower than average compared to the national average.
Ready to electrify your Ohio home?
Get free quotes from local contractors who specialize in heat pumps, solar, and electrification.