Solar has many benefits that make the investment a no brainer! Solar qualifies for a 26% federal income tax credit, it increases home value and can be installed for zero down. Whether you are looking for a smart personal investment, a way to improve the environment, or want to claim energy independence to protect yourself against rising utility rates – solar is the perfect answer.
26% FEDERAL TAX CREDIT
The federal government offers a tax credit (not a deduction) for 26% of the total installation cost. If you do not have the tax liability in one year to take advantage of this credit, you can roll it over for multiple years to take full advantage of the credit.
WA STATE SALES TAX EXEMPTION
As of July 1, 2019, solar installations are sales tax exempt in WA state. This commitment to renewable energy is bringing significant savings to homeowners and business owners who decide to invest in solar.
LOW INTEREST SOLAR LOAN PROGRAM
SolTerra has teamed up with local credit unions to provide you access to solar installations for zero down and low monthly payments. Interest and Payments are fixed for the term of the loan and interest rates are comparable to current mortgage and home equity line of credit rates! Thanks to these programs solar is cash flow positive over the life of the loan term.