"To date, we have installed two PV systems, and have plans to install at least two more. In each instance, Jesse and Jon have been great to work with, followed through with what they promised, and thoroughly impressed both myself and my customers."
– Graham Black, owner of gProjects llcCurrent Solar Incentives: Washington
GOOD NEWS! Going Solar in Washington is Now More Affordable and Cost Effective than Ever Before!
Now is the perfect time to take advantage of a wide range of Washington State and Federal government incentive programs to offset your renewable energy system costs and make your solar electric or hot water system more affordable, cost effective and even more profitable than ever before!
Washington Commercial Solar Incentives - Solar power is one of the smartest investments that businesses can make.
Solar power allows your business to:
- Control your energy costs
- Reduce your electricity bills
- Hedge against future utility rate hikes
- Protect the environment
Now is a great time for your business to invest in solar power!
30% Federal Tax Credit - For systems placed into service, receive a 30% tax credit on the installed cost of your solar electric or solar hot water system until December 31, 2016. Grant option for 2010 from Dsireusa.org: The American Recovery and Reinvestment Act of 2009 (H.R. 1), enacted in February 2009, created a renewable energy grant program that will be administered by the U.S. Department of Treasury. This cash grant may be taken in lieu of the federal business energy investment tax credit (ITC).
Washington State 6170 Program - The State of Washington, in an effort to promote renewable electricity generation, is purchasing solar generation at $.15/kWh until July 2020. If the inverter is manufactured in Washington state the $.15 is boosted to $.18/kWh. Solar modules made in WA earn $.36/kWh and if both models and inverter are made in WA you earn $.54/kWh.
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. Not only do you offset your electric bill by every solar kWh you generate, but you get the 6170 incentives for every single solar kWh even the kWh that you use!
No Washington State Sales Tax - Through June 30th, 2011, there will be no state sales tax on the entire cost of your installed solar energy system. This applies only to solar electric systems. From July 1, 2011 to June 30, 2013, the exemption for the systems described above will be reduced from 100% of the sales and use tax to 75% of the sales and use tax.
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 entire cost of the system.
Increased property value - Installing a solar electric or solar hot water system adds resale value to your property and makes it more attractive to prospective buyers.
Interested in saving money and helping the environment? Contact us to take advantage of these great cost saving solar incentives. Going solar makes sense!
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