Commercial Solar Incentives Washington

Now is the perfect time to take advantage of Federal government incentive programs to offset your renewable energy system and solar panel costs, making your solar electric system more affordable, cost effective and even profitable than ever before!  Solar power is one of the smartest investments that businesses can make.

Solar Power Allows Your Business To:

  • Reduce your electricity bills
  • Hedge against future utility rate hikes
  • Turn your rooftop into an investment
  • Promote your business as a steward of the environment

30% Federal Tax Credit

Solar power is now an even smarter, more affordable investment thanks to the Federal Government!  When you go solar, you can take a tax credit on your next tax filing ñ whether thatís tomorrow or months away -- youíll be entitled to claim a 30% tax credit from the total cost of your solar system.  And if you donít have enough tax liability in the current year to take full advantage of this 30%, you can spread the credit through the succeeding taxable year, thereby ensuring that you receive the maximum benefit possible under this great incentive program!  Tax credit set to decrease beginning in 2020.

Net Metering

All Solar electricity generated that is not used at time of generation will be fed back to the utility grid, so that your green power can be used by other people.  During these times your utility meter will actually run backwards so that you are credited for this power.  Your utility bill at the end of the month will be the difference of what you generated and consumed.  For those summer months that you generate more than you consume, these credits will be forwarded to you the next month.  

5-Year Accelerated Depreciation for Businesses

Businesses qualify for a full 5-year Modified Accelerated Cost Recovery System (MACRS) depreciation tax deduction on 85% of the cost of the system.

Looking To Finance Solar?

Visit our Solar Financing & Leasing Page.