Green World Solar Solutions Blog

There is additional incentive to buy solar panels and equipment made locally.

One question we are asked regularly is how quickly the system can pay for itself and start to generate income. Obvious, it depends. However, we do have a number of examples that can give you a rough idea.

From the Washington State Department of Revenue:
“Substitute Senate Bill (SSB) 5101, Chapter 300, Laws of 2005, creates a tax incentive to support certain
renewable energy sources within this state effective July 1, 2005.
Individuals, businesses, and local government entities that are not in the light and power business or gas
distribution business will be able to apply to their light and power provider for payments up to $2,000 for the
generation of electricity by a qualified renewable energy system. Light and power businesses participating in the
program will be able to offset amounts paid to customers by taking a credit against their public utility tax liability.”

Read more here: http://dor.wa.gov/docs/Pubs/SpecialNotices/2005/sn_05_solar.pdf