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The average gross cost of installing a standard 5kw solar energy system in washington is just over 14 000 although with various incentives applied this cost can drop dramatically.

Solar panels washington state.

In summary an electric utility must offer to continue to make net metering available to eligible customer generators on a first come first served basis until the earlier of either june 30 2029. On a cost per watt w basis a solar panel installation in washington ranges in price from 2 34 to 3 16. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. The 2019 washington state legislature updated washington state s solar net metering statute via e2ssb 5223.

Or the first date upon which the cumulative generating capacity of net metering systems equals 4 percent of the utility s peak demand during 1996. Solarreviews top 20 residential installers in washington artisan electric whidbey sun wind power trip energy sunergy systems a r solar fire mountain solar llc south sound solar blue raven solar cascadia solar frederickson electric northwest mechanical inc. As of september 2020 the average solar panel cost in washington is 2 75 w. Solar washington is the nonprofit organization connecting you with all things solar in washington.

Given a solar panel system size of 5 kilowatts kw an average solar installation in washington ranges in cost from 11 688 to 15 812 with the average gross price for solar in washington coming in at 13 750. On average the payback period for installing a solar energy system is about 9 4 years and the average 20 year savings are over 17 600. How long does it take to earn back your initial investment in solar panels. We present bi monthly general meetings the annual washington state solar summit solar 101 workshops and this website as resources to you.

Solar energy solutions banner power. Whether you are considering solar for your home or business seeking a career in solar or wanting to learn about legislation in olympia solar. A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings.

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