AZ possesses 8.23% of sheer solar panel (SP) production as it is stated by the official sources. Lots of habitats have already discovered the limitless possibilities of the latest technology and are assisting in the preservation of our planet. Join in!
Are Solar Panels Worth it Arizona?
AZ can be proclaimed a heaven for SP. There have been gathered points in support of a new word in science:
- High solar capacity: Arizona is one of the sunniest states in America. Plenty of sunny days open new horizons for preserving solar energy in a large volume and save your energy and your money.
- Cost cutting: By going for SP, the adherence to conventional voltage sources can be sidelined. One more reward is cutting down your monthly energy bills.
- Governmental support: AZ has plenty of various financial incentives, commencing by tax credits and ending with net metering programs. These methods are intended to lower upfront cost of installing SP and maximize yield on investment over time.
- Increasing property value: If your home is equipped with a SP, it enhances its value many times over.
- Long-term investment: Today you invest in the purchase and in a few years it will fully pay for itself and you will make a profit.
Do Solar Panels Save Money in Arizona?
The favorable policies in this region have created all the necessary conditions to save your money to the top. By drawing your own electricity from SP, you can significantly soften or even eliminate your monthly electric power rates. In addition, there are various programs at the legislative level, tax incentives that make SP even more tempting.
Cost of Solar Panels Arizona
The cost of SP in Arizona is preset by a number of features. Typically, buying and putting in the equipment will cost you between $10,000 and $30,000.
The fundamental characteristics which set the cost:
- choice of SP (meaning brand);
- scope of work and adjustments (e.g. roof reinforcement);
- government pricing policy.
N.B. It’s important to receive quotes from reputable solar installers as many as possible to get a better understanding of the specific costs for your particular case.
Does Arizona Have a Solar Tax Credit?
Yes, there are. The Residential Solar Energy Credit is suggested. It gives a chance to proprietor to claim 25% of the total cost of purchasing and installing a SP system, up to a maximum credit of $1,000 per residence. It can be claimed against one’s state income tax liability over multiple tax years until the full credit is exhausted. The Residential Solar Energy Credit applies to solar electric systems and solar heating systems set in on residential properties in Arizona. It’s a must to note that the credit is non-refundable, meaning it can only be used to offset the individual’s state income tax liability and cannot give rise to a cash refund. Additionally, the credit has a sunset date, which means it is scheduled to expire after December 31, 2024, unless it is extended or modified by the state legislature. It’s recommended to consult with a tax professional or visit https://az.gov/ to be aware.
Solar Panels Arizona: How to Order
- Apply through our website (name and contact phone number).
- Get competitive quotes. Choose the best option for you.
- Make a deal.
- Start saving the planet!
