If you’ve been considering going solar and you live in Arizona, you may just be onto something. The number one reason solar panels are worth it in Arizona is due to all the glorious sun Arizona gets each year.
In fact, Arizona is home to a few of the sunniest cities in the entire world averaging around 4,000 hours of sunshine each year. That means switching to solar energy if you live in Arizona is a bright idea. And you wouldn’t be alone.
As of 2021, Arizona currently ranks 5th in the country in terms of total installed solar capacity at 5,549.2 MW.
Let’s go over the top reasons why switching to solar energy in Arizona has never been a better idea. First, let’s start with a snapshot of the state of electricity in Arizona.
You may not have noticed how much your utility company drives up electric prices each year.
The worst part is that you’re at the mercy of what they want to charge you. And this isn’t going to stop in the future as the amount of fossil fuel energy continues to deplete.
While Arizona’s electric prices are just below the U.S. average, Arizona ranks as the 2nd highest prices in the western states after California.
So what can you do about it? Installing solar panels on your home frees you of being completely under the electric company control. And you can put all that Arizona sunshine to work for you.
Save the Environment – Now is even more important than ever to find ways to reduce impact on the environment. Installing solar panels offers you energy self-sufficiency and decreases your carbon footprint. Do your part for the environment while freeing yourself from high electric bills.
Decreasing Costs – The costs of solar panel installations have come down significantly. There are plenty of ways to switch to green energy for your home that works for your budget. Our Solar Energy Specialists are trained to help you make sense of it all and help you figure out a plan that works for your specific needs, as well as average costs for switching.
Solar Technology Improvements – Solar technology has made huge strides in efficiency and longevity too! More efficient solar panels mean that each square foot of solar panel can produce even more solar power. This is extremely important for rooftop installations with limited space for solar panels.
Concerned about the cost of going solar this year? There are a few great incentives that are specific to the state of Arizona that make solar panels affordable. In fact, Arizona has some of the best solar incentives in America.
Add these to the federal tax credit and net metering (called net billing in Arizona), and you’ll be going solar in no time.
Let’s break it all down.
The Solar Investment Tax Credit (ITC) offered by the United States federal government is available to Arizona home and business owners. This incentive provides a 26% tax credit for the entire solar system cost, including a battery system.
When you decide to switch to solar in Arizona, you can take advantage of the 26% tax credit through the end of December 2022. The Solar Federal Tax Credit for homeowners with solar power will drop to 22% in 2023.
The first incentive for going solar in Arizona is a pretty significant income tax credit. This credit is equal to 25% of the cost of your solar system, up to $1,000.
And don’t worry, if the amount you owe in income taxes is less than the amount of your credit, the excess credit can be carried over to the next year.
Arizona is also known to have two different tax exemptions for going solar.
Solar sales tax exemption: Not only will your solar equipment be exempt from sales tax, but it also exempts sales tax from being applied to renewable energy credits (RECs).
Property tax exemption:The energy equipment property tax exemption in Arizona means your property taxes will also not increase when you get a solar PV system
If you’re ready to take the next step, or even if you’re considering what it would take to get you there, contact us to discover all your options.
We install solar and roofs in Phoenix and surrounding areas. Contact us today to see if we service your area and get free solar quotes for your particular needs.Get a Quote!