Extension of Sales Tax Exemption Helps Local Solar Projects

Source:  Snohomish County PUD, Press Release, July 10, 2013.

Solar energy projects will continue to get sales tax breaks thanks to state legislation signed into law last week.  Smaller systems of less than 10 kilowatts will receive full sales tax exemptions through 2018, while larger systems of 10 kilowatts or greater will receive 75 percent tax exemptions through 2020.

The cost of system installations has also dropped by as much as 40 percent over the past several years.

Snohomish County Public Utility DistrictSnohomish County PUD Solar Express:   The Solar Express program provides a range of incentives and educational support to make the process easy.  Residential customers can qualify for up to $2,500 for solar photovoltaic systems and commercial customers can qualify for up to $10,000. All customers with electric water heaters can qualify for a $500 incentive for solar hot water systems. Residential customers may instead opt for a 2.9% APR loan up to $25,000 for photovoltaic panels and up to $14,000 for solar hot water systems.