The potential for homeowners who want to put solar panels in their homes is extremely strong in Idaho because the state receives a lot of sunlight throughout the year. Many parts of Idaho receive more than 5.5 peak solar hours per day on average throughout the year, with daily peak sun hours reaching up to 7 in the summer months of June and July.
The two best arguments for solar energy installations in Idaho are:
- A credit at the state level in addition to the 30% federal credit. You may deduct about 37% of the cost of the PV system from your taxes!
- If your home PV system produces more power than it needs to during a given month, you’ll receive a credit on your subsequent energy bill, which will reimburse you for every kilowatt-hour exported at its full retail cost.
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Intermountain Wind & Solar
Serving residents and companies throughout Utah, Nevada, Wyoming, Idaho, and Oregon, Intermountain Wind & Solar is one of the best solar panel companies in the Intermountain West. They offer one of the finest cost-per-watt pricing alternatives in the area by fusing their knowledge with local initiatives. You may save a ton of money with the help of our pricing and government and state incentives for renewable energy.
The company makes switching to solar energy simple and practical. You may get solar financing in Utah to assist you with the installation’s initial costs. Its solar power specialists are prepared to assist you in generating free energy, whether you’re in Reno or Salt Lake City. They can assist with anything from panel system design and installation to system monitoring and continuing maintenance.
The top solar panel installer in Intermountain West is Intermountain Wind & Solar. Thousands of homes and businesses in the area have benefited from the efforts by experiencing energy cost savings, reduced carbon emissions, and even increased property values.
EGT Solar
EGT was established in 2010 with the goal of being the biggest and most reputable provider of local solar energy services in Idaho. There were just 58 solar installations in Idaho as of that point. The low utility rates in Idaho and the then-high cost of solar components contributed to this in part. They were positive that both of these elements would evolve and give rise to a thriving solar sector in Idaho. Eight years later, Idaho is one of the top three states with the fastest expanding solar markets in the US, one of the states with the highest expected utility bill increases, and the price of solar components has never been lower. Idaho’s solar industry has a highly promising future!
EGT Solar is pleased to be a locally owned and operated solar business in Idaho. They work hard to sell by educating our potential customers. Since they think solar is never a “one size fits all model,” EGT Solar provides the most extensive alternatives for customers. Their tailored strategy enables clients to investigate all system types to be sure their solar purchase will be the best one they’ve ever made for their residence or place of business.
RevoluSun
Your project with RevoluSun gets started with a smart home specialist. Unmatched in the field is the breadth of solar and home renovation knowledge held by smart home specialists. Both RevoluSun and its product partners require that smart home specialists be up to date on the most recent technological advancements, legal requirements, and energy laws. This guarantees that you will receive accurate information when you meet with them.
Your demands, the energy consumption of your house, and your goals will be discussed at a meeting with a smart home specialist in order to develop a system. Your project will be given to the Operations team so they may start developing it after you are entirely pleased with the proposed system.
With its in-house electricians, AC technicians, rackers, roofers, carpenters, and maintenance specialists, RevoluSun is your one-stop shop. Its guarantees quality control throughout the design and installation of your project by providing experience in all aspects of your solar system.
Pell Solar
In Idaho, about 100,000 people have already made the crucial choice to use solar energy for electricity. Selecting solar power can:
- Saving you cash
- Reduce noxious carbon emissions
- Enables you to safeguard yourself from rises in the price of power
- Boost your community’s economy.
Every person will experience different advantages of solar energy for homes. At Pell Solar Inc., they adopt a tailored strategy. They assess the size, shape, and orientation of your roof as well as your current power use before designing the finest unique solar system for your home or place of business. They will talk about your financial and environmental objectives to make sure getting solar is the best option for you. Schedule your free, in-home solar analysis now to find out more about the distinctive advantages of making your house one of the increasing number of solar energy homes.
Renewable Energy NW, LLC
An Idaho-based business called Renewable Energy NW, LLC is dedicated to lowering energy costs and assisting residents of the Pacific Northwest in finding balance and sustainability. They are devoted to advancing sustainability and opening it up to all people.
The mission is to assist you or your company in making financial savings by utilizing solar thermal technology and other green energy options.
The company provides classic Solar PV power installation, incredibly silent Whole House Fans, and highly effective Solar Thermal solutions that pay for themselves quickly. They also employ cutting-edge energy analytics to develop a plan that is suitable for your particular power requirements.
No pre-packaged solutions here! They never over-install; each system installed is distinct and specially tailored to your energy requirements. Since approximately ten years ago, they have been installing solar thermal throughout Idaho, Oregon, and Washington as well as all across the Southeast of the United States, with over 2,000 solar thermal panels installed only there!
This system offers savings year after year and is frequently welcomed by grateful clients who understand the benefits of reducing their energy expenditures. They can develop a complete whole home holistic solar solution that can move many homes closer to net zero and energy independence when paired with other environmentally friendly technology like solar PV and solar attic conditioning.
Which are Electricity Rates in Idaho?
The average cost of power in Idaho is $0.12/kWh, which is why solar power systems there often take longer to pay for themselves.
You are getting electricity at a much lower cost per kWh than if you had bought all of that energy from local utilities; though, when you take into account the total cost of owning the residential solar array: your total electricity savings from solar panels over the project lifetime will exceed $15,000!
In addition to profiting financially, you are also helping to preserve the environment. Going solar in Idaho has environmental advantages compared to those of annually planting more than 100 trees.
Tax Breaks, Rebates, and Incentives for Solar Energy in Idaho
Although Idaho does not have a Renewable Portfolio Standard or solar power incentives, you are still allowed to deduct the cost of a solar power system for the first four years of ownership from your taxable income, which initially improves the project’s cash flow.
Remember that you will also be eligible for the 30% federal tax credit when you submit your subsequent tax return. The three major firms in Idaho have voluntarily decided to give their customers full credit for every kilowatt-hour of energy they contribute to the grid, despite the fact that electric utility companies are not obliged by law to implement a net metering policy. You save the entire retail cost of that electricity, but the credit doesn’t appear until the following month!
You can deduct the cost of your solar power system from your taxable income in Idaho by completing the steps below:
- Three consecutive years of expense reductions of 20% in years 2, 3, and 4;
- A 40% cost deduction for the first year of PV system ownership.
These deductions are taken from your taxable income rather than the actual taxes you paid, in contrast to the 30% federal tax credit. However, it’s still fantastic news because years 1 through 4 will see a little increase in your project’s cash flow.
