Is It Worth Getting Solar Panels In Arizona

That is a significant amount of savings on your income taxes.

Is it worth getting solar panels in arizona.

Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000. While solar leases and power purchase. Arizona solar energy tax credit. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value.

Arizona is one of the sunniest states in the u s. When homeowners realize that arizona is the third best state for solar after california and north carolina it s hard not to see the appeal of installing a pv system in 2018. The hotter your panels get the less productive they are said ronald roedel the director of the solar energy engineering and. Not only do arizona residents get to take advantage of the federal tax credit but they can also receive the state s solar energy credit.

Already tens of thousands of arizonans have installed panels to make electricity for them. On the other hand economies of scale and stiff competition have caused a drop in the average price of systems in the state. Yes solar panels are absolutely worth it in arizona. To find out how much solar panels cost in arizona you can enter your average aps or salt river project monthly power bill into the solar estimate solar panels square feet roof space calculator it will show you how many solar panels you need and how many square feet of roof space you will need for these panels.

Arizona has more sunny days than any other state and the federal government will take care of 30 of the cost. There are additional factors that determine how much solar electricity you can produce. Arizona s endless sunshine continues to make rooftop solar panels an enticing proposal for homeowners. As of september 2020 the average solar panel cost in arizona is 2 69 w.

If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands. Solar energy s popularity is a good thing for the earth however its long historyin az means that some of the most lucrative rebates and incentives have expired. All told there are roughly 400 solar companies in arizona making it convenient for residents when it comes time to shop for an installer. Experts say solar panels perform better in colder temperatures.

The grand canyon state offers a dynamic combination of bountiful sunlight and record low solar prices thanks to its lucrative state tax credit. Solar panels can increase your home value by 2 3 in az save you up to 100 on electricity and more.