Friday, August 8, 2014

Solar Power for Two

When you own two electric cars the obvious next step is to install solar panels on your roof.  If your home is suited for solar (south facing roof and little shade) you can actually get solar panels for free*.  If you use solar panels and inverters made in Washington State you qualify for the maximum production income on all the power you put on the electrical  ($0.54 per kilowatt hour).  This incentive is good through 2020 and you also get a federal tax credit of 30% of the cost of the panels. 

The bottom line is the system will pay for itself in five to six years.  There is 100% financing available at a very low rate that uses the panels as collateral.  We used Puget Sound Cooperative Credit Union for our panels since they have an energy loan program.  *so it is really free except for the having credit liability for a couple of years.

We researched our options with A&R Solar, NorthwestWind and Solar and Sunergy Systems.    We found them all to be very professional, but ended up with A&R Solar due to their creative use of panels that allowed us to put more panels on our roof than the others.   We were very happy with the installation and service. 

We recommend you do your own research, and if you think you have the potential for solar, we highly encourage you to explore this opportunity.  It is a wonderful feeling to watch our utility meter running backwards.