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Idaho State 54 solar panels available
5.15 peak sun hours
Solar panels in Idaho give a good energy harvest over the year
10 years payback time
A solar power system in Idaho pays for itself a couple of times during its lifespan
Save up to $20,000 of your income from taxation
PV system cost in Idaho can be fully deducted from taxable income in 4 years
Increase your purchasing power with solar loans at 4% interest rate
Get up to $15,000 for a home solar system and pay it back in 15 years
Gain credits with Net Metering program
Sell your solar energy into the grid and never pay electric bills again
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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.
Idaho citizens can make use not only of the ITC program, but of the State Tax Credit program as well. You can deduct 40% of your solar system cost (shipping and installation included) from the taxable income you got in the year of installation. Then you can keep deducting 20% of its cost for 3 succeeding years. The deduction, however, should not exceed $5,000 per year. Overall, this Idaho solar incentive allows you to save up to $20,000 of your salary from taxation. You claim the deduction when you file your income taxes. Find all necessary forms here. Idaho residents fill in Form 39R (look for “5. Alternative energy device deduction” in the Subtractions section) and then Form 40. Non-residents take Form 39NR and Form 43 afterwards.
The essence of the Net Metering program is the same across all the US. You sell the excess energy that your system generates into the commercial grid and gain credits to pay your own bills. However, in Idaho there is not a statewide policy for Net Metering: three main electric companies have different programs which they accord with the Idaho Public Utilities Commission.
The Net Metering program is the main way to make money with your solar system. However, before joining in, you should contact your electric supplier for the latest rates and conditions.
Commercial solar systems are exempt from property tax in Idaho: their cost is not included in the tax assessment. Instead, there is a production tax: solar energy producers pay 3.5% of gross energy earnings to the state. This makes taxes more gentle for small solar farms. The incentive applies only to commercial solar and doesn’t extend to residential systems.
If you want to go solar, but aren’t ready for it financially, consider the Low-Interest Energy Loan program by the Idaho Governor's Office of Energy Resources. The maximum size of a loan is $15,000 for residential installations and $100,000 for others. They are issued for 5 years at a 4% interest rate, plus there is a $100 fee for home projects and a $250 fee for commercial ones. Loans are secured with real property or equipment and you get the money once your project is fully examined. Check a complete guide on applying here.
Once you get the permit, it is legal to install solar panels on your house in Idaho. The Idaho solar law claims that your neighbors can't prohibit or limit you from going solar. However, they can impose reasonable rules about the appearance of panels. Plus Idaho citizens are welcomed to voluntarily create solar easements to settle debates. An easement contract is designed to ensure the adequate exposure of a system to the sun. For example, if a tree in your neighbors’ yard has grown so high that it starts to overshadow your panels, the neighbors have to trim it.
The process of getting a permit for installing a solar system in Idaho may seem rather long. You’ll have to purchase an electrical permit, prepare a plan for your system, pay all the fees and schedule an inspection. Fortunately, all the information about it was made accessible and every step is explained in detail here by the state officials. Most of the time you can rely on your installer to learn all about getting a permit and you should work together to acquire all the necessary papers.
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