Washington's Rebates and Incentives for Solar Energy Systems
If you've never been to the State of Washington, you're missing out on a beautiful lush, green terrain. The Puget Sound region is especially breathtaking as you drive along miles and miles of sparkling ocean. If you are fortunate enough to live in Washington or are considering a move, you may be interested in the various solar rebates and other incentives available.
The downside to Washington's beauty is the tremendous amount of rain they get. This can cause a conflict for solar energy, but despite this extra hurdle, solar systems are quite feasible and quite common.
Tax Credits
- Washington State Senate Bill SB5101. This bill rewards consumers by giving them an annual tax credit for installing a small scale solar system that is also connected to the grid. Each year you will be required to submit a form with the DOR that reports how you're producing your solar electricity and to provide information on your equipment to qualify for the credit. The application must be approved, and then you must apply to your utility to actually receive the incentive. Quite an extensive process! But more than likely worth the effort. Another possible hurdle? Participation in this program is voluntary for the utility companies, meaning these incentives may not mean a thing in your area! Check it out though, as many companies are on board and quite eager participants. If your equipment was actually made in Washington, you can qualify for an additional credit up to $2,000 per year. These credits will expire by June, 2014.
- Washington State Senate Bill SB5111. This credit is for solar manufacturers to entice them to move to the state.
Grants
- Bonneville Environmental Foundation (BEF)-Renewable Energy Grant. This privately-funded grant is for those looking to install solar thermal electric, photovoltaic panels, and wind. It can amount to up to 33% of total capital costs. This grant is only for very specific situations, and normally not granted to residences.
Loans
- Clark Public Utilities-Solar Energy Equipment Loan. This program is to help fund both commercial and residential solar water heat, photovoltaic panels, and solar pool heating. The terms include a 5% interest rate, and allows for up to $6000 for pool heaters, $6000 for solar water heaters, and up to $20,000 for solar PV.
Rebates
- Clark Public Utilities- Solar Water Heater Rebate. This is for both commercial and residential use and offers a $500 rebate for those who qualify.
Compared to other states, Washington really doesn't offer many incentives for solar installation, and the ones that they do are not comparable to other programs out there. Granted, there are some smaller incentives on the county level you can check into, but overall, the state has a way to come before they can honestly say they are "progressively" pursing alternative energy sources.
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