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Idaho Incentives

123SolarPower is North America’s largest and most experienced network of solar power installation experts. With locations all across the continent, we are able to deliver reliable solar power solutions for your home or business. Devoted to providing excellent local service, sales, installation, and consultations on home energy evaluations, we are the industry-leading provider of solar solutions. We want to save you money, and together the environment.

Idaho Solar Power

Idaho still has a little catching up to do when it comes to per capita solar power capacity. Compared to states like California and New Mexico, Idaho isn’t even on the solar power map. But that doesn’t mean that Idaho is a bad state to invest in solar power, quite the opposite in fact. In a state known more for wind power, solar is an up-and-coming market. Due to Idaho’s solar friendly weather and landscape there is a large opportunity for large and small-scale solar panel installation Idaho. In fact, the solar power Boise Idaho market has begun to take off over the last few years.

Look no further than Idaho schools for an example of what the state is capable of producing. Schools in Idaho generated almost 700,000 kWh per year as of 2013 with solar panels Idaho. That’s a respectable $46,500 yearly valuation. The Bonneville Environmental Foundation incentivizes small-scale photovoltaic systems for schools by covering between 50-100% of costs for approved solar systems. With schools on board, it’s only a short time before commercial and residential solar panel Idaho will be on the scene as well.

Idaho State Tax Incentives

Idaho has a number of state tax incentives in place to encourage residential, commercial and community use of solar power. The Residential Alternative Energy Tax Deduction amounts to 40% off passive and general solar space heat, solar water heat, and residential solar panels Idaho in the first year, with an additional 20% off for the following three years maxing out at $5,000 per year. The Questar Gas Residential Solar Assisted Water Heating Rebate Program amounts to $750 for residential customers who purchase and install solar water heating systems backed up by gas water heaters.

Idaho’s Low-Interest Energy Loan Program offered by the Governor’s Office of Energy Resources (OER) applies to solar technologies such as solar water heating, solar space heating, and photovoltaic systems as well as other renewable energy technologies. Residential loans run from $1,000 to $15,000 with 4% interest over 5 years. These state based incentives make now a great time to buy solar panels Idaho.

Federal Tax Incentives

Federal tax incentives are also available to Idaho residents interested in going solar. An investment tax credit (ITC) referred to as the Residential Renewable Energy Tax Credit, put in place by the Energy Policy Act of 2005, grants 30% of the cost of installation and use of solar power and other renewable energy systems. In 2008, the 30% ITC was extended through 2016 as part of the Energy Improvement and Extension Act. The 2008 Act also expanded the jurisdiction of the tax credit to include small wind-energy systems and geothermal heat pumps in addition to solar-electric, solar water heating, and fuel cell systems.

Filing for the Residential Renewable Energy Tax Credit is relatively straightforward. Simply fill out IRS form 5695 and include it as part of your yearly tax return.

Help For All Idaho Residents

When considering solar panels for sale Idaho, homeowners turn to 123SolarPower for reliable, experienced service. With access to the most advanced equipment in the industry, our highly-trained installation and sales experts are ready to provide your home or business with solar power solutions custom tailored to your needs. To receive a free estimate for installation costs and learn more about the savings available for your project, please fill out the above form so a solar expert in your area can assist you. If you prefer to speak with one of our solar power experts by phone call us at: 800-294-2397.

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Frequently Asked Questions

When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.

Will solar panels benefit my home if I do not have constant access to the sun?

It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.

What incentives are available to me?

There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.

What is the difference between on the grid and off the grid?

On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.

While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.

Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.

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