Washington Residential Solar IncentivesKeeping solar strong in Washington
Take Advantage of Washington Solar Incentives
With today’s Washington solar incentives, you can cover 30% of the upfront costs associated with a brand new solar panel system. Solar energy can provide a significant return on your investment.
You probably saw your neighbor’s solar system. That’s why you’re here. They kicked their utility bill, will you?
Incentive 1 – Federal Solar Tax Credit
This incentive is a credit to your tax return worth 30% of the total cost or your solar electric system. The credits are taken for the tax year in which the system is installed.
If you do not use the entire federal tax credit, it can be passed forward to future tax years. Residential customers will have 5 years from the date of installation to claim the total credit.
You can learn more in this article: Why a Solar Tax Credit Is Worth More Than a Deduction.
Incentive 2 – Washington State Solar Production Incentive
Get paid cash for the solar power you generate
This unique, Washington solar incentive is based on how much solar power you produce from your panels.
It pays homeowners that qualify up to $0.54/kWh for all of your solar electricity. You must use made-in-Washington materials and the payments are made to you once per year, in late summer. The maximum amount you can be paid is $5,000/year, so it is critical to size your system appropriately to ensure a return on your investment. We are happy to help you do that for free and with no obligation.
Payments made through this program are made in addition to the free solar electricity you receive throughout the year, making this incentive one of the most generous in the nation. However, regardless of when you choose to go solar, your extra payments will end in June of 2020.
Solar Production Incentive Overview:
Under this program solar panels will:
- Reduce your electric bill each month (this is called “net metering”).
- Deliver an additional $0.54 for every kWh of solar electricity you generate during the year (up to $5,000).
These extra payments end for everyone on June 30, 2020, regardless of when you install your panels so it’s better to install sooner than later! You can learn more about the Solar Production Incentive; Clark PUD Solar Energy Program.
Incentive 3: No Sales Tax!
In addition to the federal tax credit for solar energy, Washington State will not charge sales tax on solar equipment. This can significantly reduce your upfront cost! It’s like living in Oregon, but better (because you’re in Washington).
All permits, incentives, and utility paperwork are all done by Sunbridge Solar.