Residential Solar in Idaho

Caliber Solar Idaho

Idaho is renowned for its agricultural prowess, but it's quickly gaining recognition for its growing number of solar homes. More residents are opting for solar power to achieve potential savings, stabilize energy costs, and contribute to environmental conservation. While there are many incentives to make the switch, the key motivator might be preserving Idaho's natural and agricultural resources.

Cut Down on Energy Costs

Many residents in Idaho are adopting solar energy to benefit from potential cost savings. Time-of-Day plans can result in higher energy rates during specific hours. By leveraging solar power, especially with the inclusion of batteries, you can generate and store your own electricity, possibly eliminating the need to draw from the grid altogether. This self-sufficiency can often reduce your energy bill to a minimum.

Stay Ready for Power Interruptions

Dealing with power outages can be stressful, particularly during Idaho's snow-heavy winters when the demand for electricity spikes. Installing a solar system equipped with batteries can keep your household running on stored power when outages occur. Consult with your solar provider to identify the most suitable battery options for your needs and budget.

Protect Idaho's Natural and Agricultural Wealth

Idaho ranks among the top 10 states for the production of over 25 types of crops and livestock. It's also blessed with scenic outdoor spaces. Switching to solar energy directly aids in reducing greenhouse gas emissions, contributing to the conservation of Idaho's diverse ecology.

Stabilize Your Monthly Payments

Variable electricity rates, especially during winter, can make budgeting for energy bills challenging. By installing a solar system, you can better control your monthly electricity costs. If you opt to purchase or lease your system, you can even lock in a stable monthly payment for the duration of your loan or lease term.

Enhance Your Property Value

The real estate market in Idaho is thriving, with an average home value of $348,483, marking an 18.9% increase from the previous year. Many homeowners are turning to solar as a means to further invest in their properties and keep pace with this upward trend.

Idaho's Solar Incentives

Eligibility for solar incentives can depend on your utility provider. The state's Energy Efficiency Tax Credit can offer up to $500 for systems installed between 2005 and 2021. Low-interest state loans are also available, allowing homeowners to borrow up to $15,000 for five years at a 4% interest rate. Additionally, the Residential Alternative Tax Deduction enables deductions of 40% of the initial cost of your solar equipment and installation, followed by 20% for the next three years, capped at $5,000 per year and $20,000 in total.

Federal Solar Investment Tax Credit (ITC)

Residents of Idaho are also eligible for the federal Solar Investment Tax Credit, which allows you to deduct 26% of the cost of your solar system installation from your federal income taxes.