Is It Worth It To Get Solar Panels In Arizona
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Yes solar panels are absolutely worth it in arizona.
Is it worth it to get solar panels in arizona. Given a solar panel system size of 5 kilowatts kw an average solar installation in arizona ranges in cost from 11 432 to 15 468 with the average gross price for solar in arizona coming in at 13 450. Therefore a solar panel installation in the state will likely produce more energy annually than a system of the same size installed elsewhere such as in the northeast. How much do solar panels cost in arizona. Solar panels can increase your home value by 2 3 in az save you up to 100 on electricity and more.
Installing solar panels in arizona is worth it mainly because it reduces the cost of electricity and promotes the move towards saving the environment by reducing the use of fossil fuel. Since the average system size in the u s. Arizona s endless sunshine continues to make rooftop solar panels an enticing proposal for homeowners. Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000.
Already tens of thousands of arizonans have installed panels to make electricity for them. There are additional factors that determine how much solar electricity you can produce. Arizona is one of the sunniest states in the u s. Arizona has more sunny days than any other state and the federal government will take care of 30 of the cost.
There is little variance in cost between phoenix flagstaff and tucson as most of the best solar companies have offices in each city. Government incentives for solar. Arizona solar energy tax credit. As of 2018 the average cost for solar panels in the state of arizona is 2 67 per watt.
After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. Is 6 kilowatts 6 000 watts the average cost of a solar panel system in az is 16 020 before any federal or local incentives. That is a significant amount of savings on your income taxes.
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