Up until July, there were solar incentives, but none as rich as 80%. That all changed on, July 7th, when Governor Jay Inslee signed the Solar Incentives Job Bill, which will provide incentives to new system owners until 2030
Federal Tax Credit of 30% of the TOTAL COST of your solar electric system.
This is a DOLLAR for DOLLAR credit against what you would have to pay the IRS. You can take up to four years to use it. And is based on total installed costs, including state sales tax.
Cash incentive – Pending in state budget
Maximum $5,000 pay out per 12 months they run from June to July. Paid for 8 years or up to 50% of your total costs whichever comes first.
2018 installs paid at .16 per kWh
2019 installs paid at .14 per kWh
2020 installs paid at .12 per kWh
2021 installs paid at .10 per kWh
And TA-DA–there you have it 80% back your next major home improvement!! AND on something that is going to improve your corner of the world AND your finances—because this is all BEFORE any savings you get on your electric bill….which leads us to….
This means your meter “nets” out the solar you produce. As an example if solar is producing more than you are using your meter spins backwards……giving you “credits” against next month’s bill.
While sadly, utilities do not PAY for excess, you do get to “BANK” it, for example, if you produced 2,000 kWh in August and only used 1,000 kWh then you don’t have a bill for month. And the excess simply carries over to the next month or next month etc.…
The account resets to zero every March/ April. The best news?? — This program is for life of system!
With the new incentives solar has never been hotter!! Contact us today to set up an appointment and start your path to energy independence!
Hot Solar Solutions is a local company, with deep roots in the Tri-Cities area that is committed to helping our customers save money, be more self-sufficient, and make a positive impact in our community by reducing its carbon footprint, thereby improving things for future generations. We are honored to serve the residents of Eastern Washington. Hot Solar Solutions, LLC is an all-inclusive provider for commercial and residential solar electric, solar pool heating and solar hot water heating. Our professional team will assist you from start to finish; Planning, Finance, Design and Install—We do it all!.
Estimates are always free anywhere in Eastern Washington, and typically include permitting, L&I and of course installation—no hidden costs or last minute surprises.
We specifically focus on the areas of Kennewick, Pasco, Richland, Yakima, Spokane, Sunnyside, Prosser and other areas throughout Washington. We also work within a 90 mile radius of Yakima.