Washington state offers a variety of incentives, rebates, and tax credits that make going solar even more affordable. Here are some of the incentives available to Washington home and business owners:
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Federal Solar Investment Tax Credit (ITC):
Homeowners that qualify for the Solar ITC can take advantage of a tax credit for 30% of the total purchase price of their solar system, no matter the system size or cost. This credit applies to all solar projects that begin construction in 2023 and will last through 2033, at which point it will drop to 26%.
Solar Energy System Sales Tax Incentives:
Washington provides a sales tax exemption for purchasing machinery, equipment, and installation of solar energy systems.
Net Energy Metering:
Utility companies keep track of the amount of energy you produce and consume monthly. At the end of the month, your power company will subtract the amount of energy you produce from the amount of energy you consume, reducing your monthly power bill. Any additional energy credits you store will be carried over to your next month’s bill throughout the year.
Local Incentives:
Various local utility companies offer exclusive incentives for their customers.
Further information and programs can be found at the Programs.Dsireusa.org
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