Is Solar Worth it in Seattle?
Residents of Seattle look to solar primarily for stability. Locking in your energy costs now protects you from future rate hikes that are expected to hit the region in the coming years.
Homeowners in Seattle are currently paying an average of 13.6 cents per kWh. Solar in Washington is currently a lifestyle choice for energy independence rather than a purely short-term financial play.
With the Federal Solar Investment Tax Credit (ITC) currently set at 30%, a typical 6kW to 10kW residential system in the 98101 area can typically pay for itself in just 9.2 to 9 years. After this "break-even" point, your system generates effectively free electricity for the remainder of its 25-year lifespan.
Key Seattle Statistics
- Avg Rate: 13.6¢ / kWh
- Sun Exposure: High (Northern US)
- Est. Payback: 9.2 Years
- Incentive: 30% Federal ITC
State Incentives for WA
Beyond the federal credit, residents of Seattle should check for local net metering policies offered by their specific utility provider. These policies determine how much you get paid for sending excess energy back to the grid.