Banner Power Solutions is a family owned and operated residential solar company. Serving Skagit, Whatcom, Island, and Snohomish Counties. As a full-service electrical contractor, we specialize in solar installations, whether your project is big or small, we make the process easy and simple.
Our Residential Solar Panels
Banner Power Solutions is committed to using only the highest quality solar modules for our residential solar installations. Our primary choice, Silfab residential solar panels, are manufactured locally in their Burlington facility.
Residential Solar Installation
Residential solar panels are installed on the roof of your house or garage, these photovoltaic cells convert sunlight into direct current electricity. Inverters then convert DC electricity into Alternating current that is used in your home.
Residential Solar Incentives
30% Federal Income Tax Credit
The current federal income tax credit for solar is 30%, this credit can be applied for up to 15 years or until the credit is used. We recommend that you consult with your tax advisor to verify how the ITC incentive specifically applies to your solar project.
Residential solar installations under 100kW in size are eligible for both state and local tax exemptions. The tax exemption applies to the machinery and equipment used directly in the generation of electricity by a solar energy system, as well as the labor and services required to install those components.
This incentive ends December 31st, 2029.
When a grid- tied solar system produces more electricity than is consumed, you earn “credits” from your utility. When you consume more electricity than you produce, you use those earned “credits”, lowering your electricity bill.
Financing Solar Panels for Homes
There is the option of purchasing your system outright, if desired.
Zero Down-Low Interest Loan
$0 down, $0 payments for the first 12 months payment option is available to qualified commercial building owners. With an Energy Smart Loan, you can make environmentally friendly changes that help create a more energy-efficient home while reducing your utility bill year-round.
We are very proud of what we have accomplished but even more proud of the savings and power independence that we have provided to our neighbors and community. Our goal is to provide services that make a real financial difference and create a positive impact on the world we share. Let Banner Power Solutions help you Own Your Power!
