Solar Panel Rebates Washington State
Washington state is home to stunning landscapes and some of the biggest solar incentives for homeowners anywhere in the united states.
Solar panel rebates washington state. Sw washington dc 20585. This bill changes how washington electric utilities generate electricity and provides the sales and use tax exemption on the purchase of renewable energy systems. This is 2 73 per watt. Solar panel cost in washington.
There aren t any solar rebates tax credits or property tax exemptions and there are low electricity rates poor interconnection mediocre net metering. Due to high energy costs and ample sunlight california is a great state for solar. The consensus on washington solar power rebates and incentives. The world of washington solar policy is brightening.
In addition to the 26 federal solar investment tax credit homeowners may also have access to additional solar incentives from their state or local utility. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group. When installing solar panels in washington homeowners are eligible to get 26 the cost of installing solar back in taxes using a federal solar tax credit while paying no local or state sales tax effective july 1st 2019. Rebates are generally available for a limited time and end once a certain amount of solar has been installed.
The average cost for an installed residential solar system in washington is currently 12 117 after claiming the 26 federal solar tax credit. Whether you live in seattle or spokane you can save on your monthly electricity bills by installing solar on your roof. Here s a summary of solar rebates by state. Please visit the database of state incentives for renewables efficiency website dsire for the latest state and federal incentives and rebates.
Rebates can help to further reduce your system costs by 10 to 20 percent. The tax break reduces. Washington state department of commerce energy efficiency and solar grants energy efficiency and solar grant funds projects result in energy and operational cost savings at state public higher education institutions local government facilities state agencies and kindergarten through 12th grade k 12 public school districts. With washington solar incentives you ll save even more.