Washington State Solar Panel Rebate

For a long time that support for renewables extended to home solar with a very good solar incentive program that allowed homeowners to install solar panels and get thousands of dollars back in payments.

Washington state solar panel rebate.

2 28 20 as the property seller you will be eligible to receive the incentive payment for the portion of the fiscal year july 1 through june 30 that you own the property for example if the sale of your property closes on april 15 2020 you will receive the incentive for electricity produced from july 1 2019 through april 15. Net metering in washington state. When you install a solar panel system on your roof in washington net metering allows you to send your extra solar electricity back to the grid and receive credits on your electric bill. July 1 2019 starting today customers can benefit from a sales tax exemption on the purchase and installation of qualified solar energy systems.

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. Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. That 15 mark falls on the lower end of the spectrum and needs to be pushed to 30 even 40 in the years after 2020 to be at parity with more aggressive standards set across the country. Washington state solar incentives 2020.

For the average customer that means you save around 10 percent right off the bat. Going solar doesn t mean that you re not connected to the grid. Washington deserves some credit for being the second state behind colorado to pass an rps of any kind but not that much credit. The exemption covers all sales tax paid on the purchase and installation of solar energy systems that generate up to 100 kilowatts kw ac of electricity.

The 100 clean electricity act passed in 2019 by the washington state legislature removes the sales tax for most typical residential solar energy systems and some sales tax relief for larger commercial scale systems. This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings. In washington the average solar payback period is 11 41 years.

Sadly that incentive program has ended and now adding solar panels to your home in washington has become far less financially advantageous. 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. That way if your solar panels aren t producing enough electricity like if it s cloudy or at nighttime you can use your credits instead of having to pay for electricity from your utility.