In this study, we investigated inverted hybrid bulk-heterojunction solar cells with the following configuration: fluorine-doped tin oxide (FTO) or PEDOT:PSS|Ag. The dispersions were prepared by sol-gel method, employing titanium isopropoxide and graphene oxide (GO) as starting materials. The GO concentration was varied from 0.1 to 4.0 wt%. The corresponding dispersions were spin-coated onto FTO substrates and a thermal treatment was performed to remove organic materials and to reduce GO to reduced graphene oxide (RGO). The films were characterized by x-ray diffraction, Raman spectroscopy, and microscopy techniques. Atomic force microscopy (AFM) images showed that the addition of RGO significantly changes the morphology of the films, with loss of uniformity and increase in surface roughness. Independent of the use of or PEDOT: PSS films as the hole transport layer, the incorporation of 2.0 wt% of RGO into films was the optimal concentration for the best organic photovoltaic performance. The solar cells based on (2.0 wt%) electrode exhibited a and short circuit current density () and a power conversion efficiency enhancement, respectively, if compared with the devices based on pure films. Kelvin probe force microscopy images suggest that the incorporation of RGO into films can promote the appearance of regions with different charge dissipation capacities.