What’s Your Energy Cost?
Discover the Energy Consumption of Each Appliance in Your Home and Determine the Ideal Solar Energy Solution for Your Unique Requirements
Residential solar panel knowledge
Create your power
The typical household in the United States consumes 877 kWh of energy per month. As of 2022, in Washington state, the average cost per kWh stands at $0.09, as reported by the U.S. Energy Information Administration (EIA). This amounts to $19,710 over the 25-year warranty period of a solar system, assuming the electric company does not raise rates by 2-3% annually, which is the national average.
Incentives
By 2023, you may have the opportunity to receive a 30% federal tax credit for solar panels, covering both equipment and installation costs. This translates to a $6,000 saving on a $20,000 solar system. In addition to this, take advantage of state and local rebates as well as Washington incentives, such as exemption from sales tax until 2029 for solar energy systems under 100 kilowatts.
Furthermore, the Federal Solar Investment Tax Credit (ITC) provides a direct tax reduction as an incentive for installing a new solar energy system. To qualify, your solar PV system must have been installed between January 1, 2017, and December 31, 2034, and be located at a residence in the United States.
Washington incentives
30% tax deduction of the cost of solar system in year it was installed
No sales tax paid until 2029
Increase Your home value
Solar panels can potentially raise a home's market value by about 4.1%, depending on the market and location. For instance, with the average cost of a solar system installation at $17,000 on a $500,000 home, it could boost the value by approximately $20,500 for a prospective buyer aiming to be environmentally conscious and save on increasing electricity expenses.
Residential & solar panel installation in Seattle, WA
At Harbor Island Electric, we offer specialized solar panel installation services for residential and commercial properties in Seattle, Bellevue, and Bothell. We understand that you may have questions about solar panel purchases and installations for your home or business – and you can trust us to provide answers. With over 25 years of experience, Harbor Island Electric is more than just an installation service; we are your trusted experts.
Our installations are designed for seamless operation. Our skilled professionals focus on proper bonding and grounding techniques during installation to reduce electrical risks and enhance system performance. Rely on Harbor Island Electric for high-quality electrical installations in Seattle and Bellevue, where our expert team ensures top-notch service for all your electrical needs.
Contact us
info@harborislandelectric.com
(206) 402-7702
3518 SW Elmgrove St
Seattle, WA 98126
Our team of highly skilled professionals is dedicated to providing top-notch electrical solutions for both residential and commercial needs. With over 25 years of unwavering commitment to excellence, we pride ourselves on being the go-to electricians in Seattle. From Ballard to Capitol Hill, Queen Anne to West Seattle, we understand the unique electrical challenges of our local neighborhoods. When you choose Harbor Island Electric, you're choosing a team that values transparency, reliability, and customer satisfaction. We're not just your electricians; we're your neighbors committed to powering your homes and businesses with trust and expertise. Call us today and experience the Harbor Island Electric difference – where your safety and satisfaction are our top priorities. CONSULTATIONS ARE ALWAYS FREE!
Powering Seattle, Connecting Trust
Powering Seattle, Connecting Trust
Harbor Island Electric Installs commercial and residential meters.
Update your commercial lighting with Harbor Island Electric!
Update your lighting with Harbor Island Electric!
Harbor Island Electric specializes in panel and service upgrades.