Idaho Rebates and Incentives Summary
While Idaho usually isn’t associated with a warm climate, it does have plenty of sunshine. The amount of sunny days most Idaho cities have is above the national average, making it an ideal place to set up solar panels for your home. Idaho has been given a rating of “Great” for having enough sunlight to make home solar energy systems pay for themselves in a reasonable amount of time; generally, most systems generating at least 3 kilowatt-hours of electricity can pay for themselves in about 20 years.
To promote the use of solar power, Idaho offers personal tax exemptions, as well as sales tax rebates and rebates on site assessments for solar energy systems. When combined with federal tax incentives, you can reduce the costs of installation by about 40 percent, and have your solar energy system completely paid for within two decades.
In order to take advantage of the tax deductions and rebates offered by Idaho, you will need around 550 square feet of rooftop space for the solar panels, and most people installing these systems have seen property-value increases of several thousand dollars.
