Seattle Solar Installers
If you are considering switching to solar power in the state of Washington, you have some fine programs put into place by the state that makes solar not only the right choice environmentally but financially as well. To ensure you are doing everything right and getting the most out of what the state has to offer, it is important that you work with one of the local Seattle solar installers in your area.
We will be happy to give you the contact information of a trusted and experienced professional in your area.
They will advise and assist you with the Federal Residential Renewable Energy Tax Credit. This is a tax credit that has a value worth 30% of the amount you spent on purchasing and installing solar panels. You can use this credit to pay any taxes you owe the IRS on the first tax year after you install solar. If there is an excess amount left over, you can use this on your following years taxes. To fully understand your tax options consult with both your installation specialist and a tax professional.
A Seattle solar installer will also provide you advice and information on the statewide Renewable Energy Production Incentive. This incentive states that utility companies must pay owners of photovoltaic systems $0.15 to $0.54 per kWh. The incentive can get rather complex, but simply explained if you use solar panels and an inverter that are made by Washington manufacturers, you will receive the maximum amount. This is great news for the local economy, the environment and what it more, your finances.
The Renewable Energy Production Incentive was previously capped at $2,000 per year, but this cap has recently been raised to $5,000 per year and the program extended until 2020. A knowledgeable Seattle solar installer will use parts produced by Washington state and will, at the end of the installation, present you with papers to sign that will guarantee your inclusion with this incentive. To find out more about this and other exciting solar opportunities, talk to one of the local Seattle solar installers today.