See why Solar Power in Phoenix AZ is a Great Idea!

| Article Highlights

Phoenix AZ has a recorded 300 days of sun a year. This sunny fact of course makes Phoenix ideal to become one of the leading solar cities in the U.S. And it is on track to do just that.

Right now (as of May 2015) Arizona solar power is thriving. The state of Arizona ranks second in the country in installed solar capacity.

As well as being good for the environment and your pocketbook, solar is also a fantastic boost for the local economy. With about 400 solar companies and more than 8,000 related employees in AZ., you can see what a great impact this industry has on your state.

 

Solar Power in Phoenix, AZ: Cost vs Savings

Right off the bat let us show you how much money you could potentially save every month with your new solar system in Phoenix.

An average home in Phoenix will use a 5 KW system.
• Upfront costs: between $16-18k.
• Refunds: of $6000-8,000 in incentive rebates.
• Equaling an estimated $40-60 in savings a month, close to $700 a year, on your electricity bill.
• Helping earth: Priceless.

*Every single home is different; your home might offer even greater savings. The above is just an estimate.

We are more than happy to offer a FREE personalized quote for your own home.

Return on your Solar Investment in Phoenix, AZ

Solar Power in Phoenix AZ offers great Savings and Benefits

For an average PV system of 5KW, the time it will take you to cover your investment in Phoenix AZ is about 7 years.

However in Phoenix, and in other locations in Arizona, there is a battle of power between solar companies and utilities companies.

The utilities don't like the fact that customers leaving them and producing their own electricity. They particularly don't like the "Net Metering" scheme.

In net metering, if energy produced by a rooftop PV solar system is greater than what the homeowner uses in a month, the excess kilowatt hours produced are transferred to the utility and credited to the your account.

So now, all of a sudden, instead of you paying the Utilities, they need to pay you!

So of course, they don't like it. And they will do what they can to change things, and slow down the spread of solar. In the long run, they will not succeed, as solar in Phoenix is proving to be cost effective, not to mention the fact that it is CLEAN energy generation. 

To know exactly where you stand as a resident of Phoenix AZ, it will be best to simply talk to local installers in your location. You will get the most up to date rate, in a detailed long term plan, and decide then.

 

Phoenix, AZ solar benefits: Incentives, Tax Breaks and Rebates

Phoenix Solar Tax Credits

This incentive is personal tax credit versus an outright deduction. The credit amount allowed against your personal income tax is 25% of the cost of the PV system with a $1,000 maximum.

The system has to be installed at your home. If you are able to take advantage of this, it can be a dollar-to-dollar amount off your taxes against a portion of the cost of the system. (Please note: no accountants here on staff thus it is best to consult a tax professional before acting on the information related to taxes.) 

The availability of personal tax credits for solar energy was sourced from the Database of State Incentives for Renewables and Energy Efficiency.

Phoenix Property Tax Exemption for Solar

Once you install solar panels in Phoenix (this applies to the whole state of Arizona too) your solar purchase is exempt from higher home taxes due to the increased value of your property.

The exemption is for 100% of the increased value of the property from installing eligible energy systems. This is true for residential, commercial and industrial properties. For an average-sized solar power system, this can add $20,000 to your home’s value.

An additional $20,000 in property tax basis amounts to a big chunk of change owed back to the state. With this added value, the exemption effectively provides a great property tax break.

Phoenix Solar Sales Tax Exemption

You will be exempt from sales tax on your solar purchase!

Yet another great incentive from the local authorities in Phoenix, to keep helping the solar panel installations process for its residents.

Solar Panel Installation in Phoenix AZ: Process & Quotes

Phoenix AZ solar panel installation companies will help you make the switch You’ve now gotten the basic facts and are ready to take the first steps.

Let’s look at how the quote and installation process is handled:
1. The first step would be to fill out the Phoenix Solar Panel Installation form giving us the basic 411 regarding your home or property.

A follow-up call from our staff will come next to get as many of the nitty-gritty details that we can so that our home visit is 100% efficient.

2. Next, the installers will meet you at your home, take measurements, (hopefully have a coffee break with you), assess the best options and answer all of your questions.

Your local solar installer will bring an aerial photo of your house with an initial layout of solar panel modules that best fit your home.

Some of the questions you can expect:

Confirming the utility company you use.
Reviewing a typical summer electric bill.
Getting a summary of usage history (easy to get from your supplier).

3. The bottom line: here is where you get the quote. After adding up each element of your situation, including the utility bill, all the tax breaks, rebates and incentives available and provide you with a final price quote for your installation.

4. You’re now the proud parents of a gorgeous solar panel system.

Congratulations! Typically, setting up the system on your roof should take about 3-4 days.

Follow-up is also included to train you and your family how to best use the system and feel completely comfortable with your new addition.
Now you can relax, enjoy your savings (as well as increase in your property value), and the fact that you did something small, but very meaningful in helping our environment.

 

What about Solar Financing Options in Phoenix AZ?

Finance your system in Phoenix AZ and go solar with zero down

The financing of your new energy system occurs through basically two choices:

1. A lease where you pay for the use of a solar system.
2. A power purchase agreements (PPA) where you pay a specific rate for electricity that is generated every month.

The Lease Agreement

Just like your car lease or a home mortgage, a solar lease means you pay the developer for your system over a long term period (typically 20 years).

You can work out the deal so you pay no upfront costs or where you include a down payment. You can also work in the option to buy the system at the end of the term.

Now, while you have a drastically cut back power bill, you also have a solar lease payment. But overall, this payment added to your existing power bill will be lower than your previous bill, earning you monthly savings.

The Power Purchase Agreement (PPA)

With this option a solar company installs a system on your Phoenix AZ property at no cost.

The use of this solar PV system now offsets your electricity bill and the developer gets to sell this power to you at a fixed rate, which is usually lower than your normal bill. Once the PPA contract has been fulfilled, you have the option to extend it or buy the system outright.

A typical PPA agreement is also for 20 years.

Conclusion

It is a lot of information to take in, we know. But that’s why we’re here. We have been doing this for many years and are pretty good at it (OK, we’re experts but we didn’t want to brag!).

If you are ready to proceed and hear more about how solar will help you, fill in our Phoenix Solar Power Installation quote form. It's FREE with no obligation what-so-ever.

Now that’s what we can all call a good looking ‘green’ future!

Phoenix AZ trusted solar installers can help you save! See Your Savings

Switch to solar and save
big on your utility bill


Get FREE quotes for your solar system
installation from qualified solar installer

Get Solar Quote

Top Solar Cities in AZ

Phoenix

Tucson

Mesa

Chandler

Glendale

Scottsdale

Gilbert

Tempe

Tempe Junction

Peoria

 

Solar Power Video

Twitter Feed