Good News, Bad News
- August 16, 2017
- Amy Beaudoin
Good News: the state incentives have FINALLY been written, passed, reviewed by lawyers and given to the installers. Starting now through June 30th, 2018, depending on what brand of panel you buy, your state incentive rate will be either $.16/KWh or $.21/KWh through the end of the program in 2026. The rate goes down each incentive payment cycle (July 1 – June 30) until 2026.
More Good News: Panel prices for both Solar World and iTek have come down! If you haven’t had a quote in a few months, please give Keith a call at 206-941-6654 or email him at keith@WestSeattleElectric and he will get you an updated one right away.
Bad News: The State Sales Tax Exemption is expiring on September 30th of this year. If you are looking to install a solar system, and don’t want to pay state sales tax, your system has to be paid in full by September 30th. Any portion of the contract not paid by the 30th will have to be taxed.
More Bad News: The panel manufacturers didn’t take the end of the exemption into account for their production numbers – panels are running out. New shipments are supposed to arrive sometime in September, but we don’t have a firm date yet.
What does this all mean to you? If you have been thinking about installing a solar system, now is the time to do it.
