Residential

Idaho homeowners now understand the need for solar more than ever. It’s a great idea to get solar these days especially with all of the solar tax incentives available. The 30% Federal Tax Credit and Idaho Solar State Tax Deduction are some of the major benefits for homeowners going solar in Idaho. Start saving with solar for only $2.95 pricing per watt from North American Solar Power!

Below are 2 solar incentives currently available for residential projects in Idaho:

  • 30% Federal Tax Credit
    Income Tax credit for up to 30% of the solar system net price.
  • Idaho State Tax Deduction
    Income Tax Deduction up to $1,480 over 4 years.

Commercial

Electricity demand charges increase the costs of electricity significantly for commercial businesses. A customized solar system allows for the reduction of electricity demand from the grid which saves on electricity charges. In addition with agricultural solar projects, companies that purchase solar systems for their business use may be able to qualify for the MACRS Depreciation which allows for a business to depreciate the costs of the solar system over 5 years instead of 20 years. (IRS Pub. 946).

Below are 3 solar incentives currently available for commercial projects in Idaho:

  • 30% Federal Tax Credit
    Tax credit for up to 30% of the solar system price.
  • MACRS Depreciation
    Depreciate 100% of solar system price over 5 years instead of 20 years.
  • 25% USDA Solar Grant
    25% Grant Check up to 25% of the solar system price.

Agricultural

Solar helps farmers all throughout Idaho save on the costs of electricity. Irrigation pivots are a major business expense for farmers and having the ability to offset demand charges along with all the great tax incentives available makes going solar for farmers in Idaho a great idea. The USDA sets aside a huge budget every year for Idaho farms that qualify for a 25% solar grant. The grant money is a way of giving back to farmers and help them save even more with solar.

Below are 3 solar incentives currently available for agricultural projects in Idaho:

  • 30% Federal Tax Credit
    Tax credit for up to 30% of the solar system price.
  • MACRS Depreciation
    Depreciate 100% of solar system price over 5 years instead of 20 years.
  • 25% USDA Solar Grant
    25% Grant Check up to 25% of the solar system price.