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Looking to build a home solar system? Check out solar panels that we have for sale in Wyoming
SHOP SOLAR PANELSDecided to go solar in Wyoming? With 5.53 hours of peak sunlight, Wyoming is in the Top 10 sunny states, which ensures a stable solar harvest, helping you to save on your electricity bills. And to save even more money, read our article on solar incentives in Wyoming.
The US government wants more people to go solar: it’s a modern and green way of getting energy. This is why the Solar Investment Tax Credit (ITC) program was developed. It allows American citizens to claim 30% of the cost of their installation as an income tax deduction. The cost here is not only solar panels but also shipping, installation expenses and more. For example, if your system overall made you spend $10,000, the government returns you $3,000. To claim the ITC, complete all the necessary forms and submit them when filing your taxes.
In Wyoming all investor-owned utilities and electric cooperatives must offer net metering. Net metering allows residential solar owners to put the excess electricity into the utility grid instead of storing it with batteries.
The law doesn’t specify what kind of system the companies should use. Some give the customers standard kWh credits, while others prefer net billing – a system that uses different rates for the energy you buy and the energy you sell. The utility pays a bit less for your energy then they charge for theirs. When you sell your solar power to the grid, you receive credits that can be used to offset your next bills. The value of the credits is calculated by the utility company. Rocky Mountain Power is Wyoming’s largest utility with more than 140,000 customers in the state. The company uses kWh credit system, allowing its customers to sell electricity at full retail price. All unused credits are bought by the company at the beginning of each year, based on winter and summer rates. Rocky Mountain power requires its customers to install a lockable switch between their system and the grid. It must be positioned in such a way as to allow for unlimited access by the company’s electricians. This measure is meant to enhance safety in case of emergency. Wyrulec Co. credits its customers according to its avoided cost rate. The company will make a payout if the customer has credits at the end of the year. Wyrulec Co. also requires an installation of a lockable switch on a customer’s property.
In Wyoming, access to sunshine is considered a property right. It is defined as a line-of-sight path from a solar device to the sun, allowing the radiation to hit the collectors directly. To check if the right can be attached to your solar panels, imagine a 10-foot wall around your property on a winter solstice day. If your modules get any shade from the wall during the day, they don’t qualify.
The right comes into existence upon the issuance of a solar permit. The task of developing a mechanism for getting a permit lies wholly with local governments, so contact them for details. Keep in mind that the law is only valid between 9:00 a.m. to 3:00 p.m., when the sun is most active. Outside of this window, the rules may be infringed without compensation.
Check out solar panels near you!
Looking to build a home solar system? Check out solar panels that we have for sale in Wyoming
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