Current Solar Incentives

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!

30% Federal Tax Credit – Get a 30% Federal Government tax credit! 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 20 years, thereby ensuring that you receive the maximum benefit possible under this great incentive program!

Washington State 5101 & 6170 Program – The State of Washington, in an effort to promote renewable electricity generation, is purchasing solar generation at 15 cents/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 your offset your electric bill by every solar kWh you generate, but you get the 5101 incentives for every single solar kWh… even the kWh that you use!

Your Solar Generated Revenue – The great news is that you get to harvest ALL of these solar benefits! You can expect to realize 18 to 28 cents/kWh for your solar generated electricity.

No Washington State Sales Tax – There will be no state sales tax on the entire cost of your installed solar energy system until June 30, 2011.  This currently excludes Solar Hot Water.

5-Year Accelerated Depreciation for Home Based Businesses – Home based businesses qualify for a full 5-year MACRS accelerated depreciation tax deduction on the entire cost of the system.

Increased Appraised Value of Your Property - Adding a solar photovoltaic or solar hot water 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 sense!

Snohomish County PUD Solar Express

Solar Electric / Photovoltaic

Commercial PV Systems: Commercial, industrial and municipal customers that install qualifying new PV systems can receive a cash incentive of $500 per installed kW, up to $10,000 for pre-approved qualified systems.

Residential PV Systems: Customers may choose a cash incentive of $500 per installed kW, up to $2,500, for pre-approved, qualified new systems. Optionally, customers may apply for a 2.9% APR loan of up to $25,000 to finance the installation instead of the cash incentive. The loan option cannot be combined with the cash incentive on a single system. See the Program Handbook for full details on loan and credit qualifications and restrictions.

Qualifications and Restrictions: Photovoltaic systems must use new UL listed equipment and be grid-tied to the PUD. The Customer must include a Net Metering Agreement with their application to be eligible for cash incentives or residential loans. More information about net metering can be found here. PUD Rate Schedule 200 for net metering can be viewed by clicking here.

Systems must be installed on Customers’ premises with a PUD account in good standing. For complete system and customer qualifications, please see the Program Handbook.

Solar Hot Water

Commercial SHW Systems: Commercial, industrial and municipal customers that install qualifying new solar hot water systems can receive a cash incentive of $500 per system.

Residential SHW Systems: Customers may choose a cash incentive of $500 per installed system. Optionally, customers may apply for a 2.9% APR loan of up to $14,000 to finance the installation instead of the cash incentive. The loan option cannot be combined with the cash incentive on a single system. See the Program Handbook for full details on loan qualifications and restrictions.

Qualifications and Restrictions: To be eligible for incentives, the SHW system must supplement an existing electric hot water system. Solar hot water systems must use manufactured new equipment with SRCC OG 100 rating to be eligible for cash incentives or loans.

Systems must be installed on existing or new buildings with a PUD account in good standing. For complete system and customer qualifications, please see the Program Handbook.