September 7, 2011 | 3 comments so far
They are finally here, an affordable solution for solar power systems in Washington state that can still take full advantage of the Washington production incentives. Itek Energy, a Bellingham based solar module manufacturer is now producing high quality 240W panels that qualify for Washington’s enhanced production incentive. With made in Washington modules and inverters customers qualify to receive $0.54/kwh for the energy they produce up to a maximum of $5000 of income per year until 2020. That is a potential $40,000 of income.
Average system costs with the Itek Energy modules and string inverters range from $6.75-$7.50/W based on system size and difficulty of installation. An average 4kW home system would range in price from $27,000 to $30,000. With the Washington production incentive and 30% federal tax credit systems can usually pay back with 10 years.
There has never been a better time to consider an investment in solar energy in the Evergreen State. Every month that passes by is another month of production incentives being missed out upon.
Contact us now for more information.