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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 and solar panel costs, making your solar electric system more affordable, cost effective and more profitable than ever before!
Get a 30% Federal Government tax credit for solar electric systems! Solar power now is an even smarter, more affordable investment thanks to the Federal Government. On your next tax filing, you’ll be entitled to claim a 30% tax credit from the total cost of your solar system. And if you don’t have enough tax liability in the current year to take full advantage of this 30%, you can spread the credit over 2 years, or spread it out until your 2016 tax return filing. Thereby ensuring that you receive the maximum benefit possible under this great incentive program!
Through June 30th, 2018, on systems smaller than 10kW. On systems that are larger that 10 kW, there will be a 75% tax rebate on Washington Sales Tax.
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 between 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!
If you are a SnoPUD utility customer, you can also enjoy an additional incentive. Solar Express incentive pays you $300 per kW (up to $2,000 per residental system).
Some home-based businesses can qualify for a full 5-year MACRS accelerated depreciation tax deduction on the entire cost of your solar electric system.
Adding a solar energy system to your home adds to the resale value of your home 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 cents!
Looking to Finance Solar?
Visit our Solar Financing & Leasing Page.