WASHINGTON COMMERCIAL
Incentives
2021 WAShINGTON State Commercial Incentives

Washington State Solar Tax Exemption
Here’s how the State Solar Tax Exemption Works

Federal Solar Investment Tax Credit (ITC)
Your solar system must be installed before January 1st, 2023 in order to qualify for the entire 26% rebate.In 2023, this rebate will be reduced to 22%, and this incentive will be reduced to a permanent 10% in 2024. Below is a timeline of anticipated federal rebate changes.
2021-2022: Owners of new commercial solar systems can deduct 26% of
the cost of the system from their federal tax obligations.
2023: Owners of new commercial solar systems can deduct 22% of
the cost of the system from their federal tax obligations.
2024-Onward: Owners of new commercial solar systems can deduct 10% of
the cost of the system from their federal tax obligations.The ITC
vanishes for homeowners in 2022.
Understanding Cost
Calculation example 1:
$50,000 cost x 0.26 rebate = $13,000
Calculation example 2:
$100,000 cost x 0.26 rebate = $26,000

Rural Energy For America Grant Program
The REAP Program has 2 primary goals:
REAP Grant Terms:
REAP Loan Terms:
Who Is Eligible?
How To Qualify:
Qualified Locations

How To Apply For REAP Grants and Loans
The REAP Program’s 3 Tiers
Tier 1: Solar installations that will cost less than $80,000
Tier 2: Solar installations that will cost more than $80,000 and less
than $200,000
Tier 3: Solar installations that will cost more than $200,000
Planning Is Critical

You Can Combine Solar Incentives
The REAP Grant can be combined with any of the other solar incentives
available to you. The REAP application requires you provide a funding commitment statement that includes any other solar incentives you’ll be taking advantage of. For this reason, you’ll want to be sure to
arrange other solar incentives first before applying to the REAP
Program.

What is Net Energy Metering?
Understanding Net Energy Metering
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