There are no statewide rebates available to Washington residents, because the state has chosen instead to incetivize solar adoption through its performance payments program. HELP! In our example, you put down $18,750, but by the end of year 1, that tax credit and the energy savings will erase a bunch of it. I am not an electrician so I used home depo electrical dept. Learn more about low-income solar programs available in the U.S. connect with our network of solar experts, http://www.renewableenergyworld.com/rea/partner/greenerg, http://push.pickensplan.com/profile/Anachronism. It’s not about rebates, its about you reducing your carbon foot print. This just requires a little more planning to make sure you don’t install more solar power capacity than you will use each year. You don't put any money down, but you do get the 30% Federal solar tax credit, meaning you actually come out ahead in year 1.
Commercial wind production is a booming industry here though and while not as staggering as hydroelectric, Washington State placed 6th in the nation for wind power production in 2011. Grid tied systems are overrated and anyone can put together their own 5kw or larger system including batteries for a small fraction of the cost of buying into arcane, unreliable and wasteful government social engineering projects. The Wind Production Tax Credit declines on a different schedule than the tax credit for solar. The bars dip below the $0 line after 7 years, because your loan payments (over a 15-year term) will exceed your energy savings each year. Right now the Federal, and most state incentives, promote installation by out of state carpetbaggers, poorly designed systems that underproduce, and move rate payer money directly to china, where “clean” energy solar is manufactured by coal fired electricity and shipped half way around the world by tankers driven by bunker fuel. But even with a requirement to purchase expensive Washington-made equipment to take full advantage, Washington’s REC payments can chop your solar payback timeframe to a very reasonable 6-year time period. Incentive payment process: Participants in the two renewable energy incentive programs administered by the WSU Energy Program may have questions about the incentive payment process. Oh, and as far as the cheap electricity, almost 90% of Seattle’s electricity comes from Hydroelectric (See http://www.seattle.gov/light/FuelMix/ ). Finally, the environmental benefits cannot be overstated. However many people make “sense” of solar on their roofs simply by looking at the dollars they’ll recoup down the road. Do I get paid 1000*.54 (washington panels and inverter) = $540, or do I simply pay nothing to the electric company? Click to the bill report as passed during the 2019 legislative session. You really want history to repeat itself??? We have two 165 watt solar pannels and a Air X 400 watt working now.
Answers a lot of questions and gives good valuable info. Its just a matter of getting the crowd moving towards that.
Participants are eligible for up to eight years of annual incentive payments on kilowatt-hours generated July 1, 2017 through no later than June 30, 2029, or until payments add up to 50% of the total system cost. Special thanks to Anne Hedin, volunteer with the Solar Indiana Renewable Energy Network (SIREN). While, I didn’t do it for the money, that is nice. If not... sorry for you. We’re adding solar water this Spring and the combo will cut our grid use by 50-60%.
3. On top of those returns, your home's value just increased by $9,477, too (your expected electricity savings over 20 years)! Tax exemptions are a simple, straightforward, and effective way to promote solar power. They anticipated reaching the $10 million cap in incentive payouts, and thus they were lowering the base rate from 15 cents per kWh to 12 cents per kWh, effective retroactively to the start of the incentive year (July 1st).
All the equipment was purchesed over the internet. A lot of water under the bridge since then. Ph: (Three Six Oh – Three Twenty-nine – Twenty-five ninety-three). Besides, even if you produce a tad too much energy one year, you are still eligible for the state REC payments, even with net metering. What host are you the usage of? If your off-grid, and within a 100 mile radius of Portland, OR you might find help here http://www.renewableenergyworld.com/rea/partner/greenerg. Finally, the Solar Incentives section includes information about money-back rebates and grants, tax credits, and tax exemptions for going solar in Washington. In fact, the energy you’re not using has the carbon equivalent of planting 95 trees a year, every year your solar power system is humming.
Click to learn more at Energy Star. Sales tax exemption will continue through December 31, 2029.