Residential Solar

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Residential Solar

Make Your Own Power

The average home in the United states uses 911 kWhs of energy each month. The average cost of that power is currently $0.13 per kWh. That’s $35,529 that you will pay over the warranted life of the solar system (25 years) IF the electric company doesn’t raise your rates. Average of 3.2% increase per year.

Incentives

From now through 2019 you will get a 30% federal tax credit, which includes that for equipment and installation. This means you would save $7,500 on a solar system worth $25,000. Combine this with state and local rebates WA incentives. Sales tax exempt A production incentive is a program that pays you (you can receive a check!) 

For every kWh you produce whether you consume that solar electricity in your building or notthe production incentive pays you a premium starting at $0.15/kWh up to $0.54/kWh, depending on whether or not you’ve chosen Made in Washington equipment or out of state equipment. Production incentives are paid on top of the net.

Idaho Incentives

  • 40% tax deduction of the cost of solar system in year it was installed
  • 20% of the cost each year for next three years with max deduction of $20,000

Increase Your Home Value

Solar panels will increase a home’s value on the market by roughly 15%, and that homes with solar panels sell 20% faster. So with the average cost of a solar system being around $17,000 installed on a $250,000 home it would increase the value around $30,000 to a potential buyer to be green and save money on rising electricity cost.

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