SUNBEAM INNOVATIONS
Washington D.C. is widely considered the absolute best solar market in the country from a financial perspective. By combining the federal tax credit with the astronomical payouts of the D.C. SREC market, the financial return on a solar system here is unparalleled.
The baseline of your savings is the 30% Federal ITC. This incentive allows you to deduct 30% of your total gross solar and battery system cost directly from your federal income taxes. If your system costs $25,000, you are eligible for a $7,500 federal tax credit. The credit will roll over to the following year if your tax liability cannot absorb it all immediately.
D.C. has a highly aggressive Renewable Portfolio Standard (RPS) requiring energy suppliers to source a percentage of electricity specifically from solar within the District. Because space is limited in the city, the demand for solar generation far outstrips the supply. As a result, District homeowners earn Solar Renewable Energy Certificates (SRECs) that sell for hundreds of dollars each. A standard residential system in D.C. can generate thousands of dollars in pure cash payouts every single year, easily paying for the entire system over its lifetime.
For lower-income households, the Department of Energy and Environment (DOEE) provides rebates to help cover the costs of a solar installation. However, for most SunBeam Innovations clients looking to maximize their SREC ownership, standard zero-down financing is the most lucrative route.
Our engineers will build a custom solar blueprint engineered for your operation — backed by 30-year linear warranties and Tier-1 equipment.
