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.
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.
- 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.
“Incredible Service! The information given as well as the overall customer relations is how business used to be. Other businesses should strive to treat their customers as well as NextGen does.”
– Scott Ansel | Northwest Pet Resort, CDA