Save on electric bills
Solar Pays You Back
How Solar Pays For Itself (and then some)
A federal income tax credit equal to 30% of the cost of a solar electric system (equipment and installation) is available under the ITC (Investment Tax Credit). This tax credit puts money in your pocket the first tax season after you purchase your system.
In Washington State, owners of solar electric systems using both Made in Washington modules and inverters, receive $0.54 per kWh produced. This means you will receive up to $5,000 per year from your local utility company for energy produced by your solar array.
Net metering allows solar customers to generate your own electricity cleanly and efficiently. During the day and in the summer, most solar arrays produce more electricity than your home consumes; net metering allows you to export that power to the grid and reduce your future electric bills. On days when you are generating more energy than your house uses, your electricity meter will run backwards to provide a credit against electricity consumed at night or other times when your electricity use exceeds the system’s output. Every dollar you save by producing your own energy is money back in your pocket.
The purchase of solar electric system is exempt from Washington State Sales Tax.
Example for 4.95kW System
NOTE: Any tax provisions, financial performance, or production estimates referenced are for discussion purposes only and should not be relied upon. You should consult your tax advisor to learn how each law applies to your specific circumstances.
*Assumes cash purchase. Numbers may differ if system is financed.