Residential Solar Incentives

It is great to be contributing to our energy independence and saving money too!

– Dave Carpenter, Bellingham, WA

Regional Solar Incentives

Snohomish PUD

Clallam County PUD logo

Clallam County PUD

   

 

 

 

 

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 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 5101 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 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!

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