Benefits of Going Solar in Washington:
Save Money on Energy Bills: Installing solar panels can significantly reduce or eliminate your monthly electricity bills, which means long-term savings for homeowners and businesses.
Increase Property Value: Solar energy systems are known to increase the resale value of homes and commercial properties, making them more attractive to potential buyers.
Environmental Benefits: By generating your own clean energy from solar power, you can help reduce your carbon footprint and contribute to a cleaner environment.
Top Utilities Net Metering Policies in Washington:
Avista Utilities: Avista offers net metering to residential and commercial customers who generate electricity from solar, wind, and other eligible renewable energy systems. Excess energy produced can be credited to future bills.
Puget Sound Energy: PSE allows residential and commercial customers to participate in net metering, with excess energy credited to future bills or purchased at the utility's avoided-cost rate.
Seattle City Light: Seattle City Light provides net metering to residential and commercial customers who generate electricity from eligible renewable energy systems. Customers can either receive a credit on future bills or sell excess energy back to the utility.
Rebates and Incentives for Going Solar in Washington:
Federal Tax Credit: Homeowners and businesses who install solar systems can take advantage of a federal tax credit equal to 30% of the total system cost.
State Production Incentive: Washington offers a production incentive for solar energy systems, which pays homeowners and businesses for the electricity their system generates. The incentive rate is determined by the utility serving the customer and varies depending on the size of the system.
Sales Tax Exemption: Washington exempts solar energy systems from state and local sales taxes, which can significantly reduce the total cost of installation.
Net Metering: In addition to being a top utility net metering policy, it also serves as a form of incentive to encourage homeowners to go solar. Customers can offset their electricity bills by generating their own clean energy and potentially earn credits.