Contact Your Legislators TODAY and Stand for Solar in Washington
Talking Points:
● NOW IS THE TIME. Net metering has fostered industry growth, yet the growing demand for solar will soon surpass the cap on net metering at the precise moment that Washington is striving to decarbonize its vehicles, buildings, and electric grid.
Top 7 Reasons To Add Solar Panels in Seattle in 2024
Whether your motivations for going solar are economic, environmental, or personal; this growing list of solar energy benefits will have something attractive for everyone. The top seven reasons below highlight why solar energy is more popular than ever and great for your home!- Sun Path Electric
- Tags: install solar panels Seattle solar Solar improves home Value Solar jobs Solar panels Solar systems Washington Solar incentives
Congress Extends 26% Federal Solar Tax Credit
Good news for going solar in 2021- an extension of renewable energy tax credits has been included as part of the Federal Stimulus Package recently passed by Congress. If you’re considering going solar, this Federal Investment Tax Credit (ITC) is one of the most important incentives to understand.
Originally scheduled to step down to 22% at the end of 2020, the ITC has been extended at 26% for another 2 years. For 2021 and 2022 you can receive a federal tax credit of 26%, and 22% in 2023 (expiring Jan 1, 2024). A tax credit reduces, dollar for dollar, any income tax you might owe in a fiscal year. If you don’t pay enough to recover it all in one year, it carries over into the next year – there’s no cap on the amount that you can claim. Even better - this applies to residential and commercial solar installations.
Click to learn more about Washington State solar incentives and programs for 2021. To learn about zero-down solar and energy efficiency loans, go to Puget Sound Cooperative Credit Union.
- Sun Path Electric
- Tags: Solar Federal Tax Incentive solar incentives solar saves money Solar systems Washington Solar incentives