Table of Contents
- Cost for Solar Panels in Arizona
- Pros and Cons of Solar in Arizona
- Solar Tax Credit in Arizona
- Solar Power System
Solar energy is becoming increasingly popular in Arizona as more people are looking to reduce their electricity bills. As Arizona has plenty of sunshine, it is an ideal state for solar energy and many homeowners are taking advantage of this to power their homes and businesses. In this article, we will discuss how much solar panels cost in Arizona and the pros and cons of investing in solar energy.
Cost for Solar Panels in Arizona
The cost of solar panels in Arizona can vary depending on the size of the solar array, the type of panels used, and the type of installation. Generally speaking, a 5.5 kW solar array will cost around $15,000 – $20,000 before any applicable tax credits. A 6.3 kW solar array will cost around $20,000 – $25,000 and a 7.2 kW solar array will cost around $25,000 – $30,000. These costs include installation and any applicable tax credits, such as the federal investment tax credit.
Pros and Cons of Solar in Arizona
The pros of investing in solar energy in Arizona are numerous. Solar energy is clean and renewable, reducing your carbon footprint and helping to protect the environment. It also reduces your electricity bills and can increase the value of your home. Additionally, solar energy is a reliable energy source, as Arizona receives plenty of sunshine throughout the year.
On the other hand, the cons of investing in solar energy in Arizona are that it can be costly, the panels may not last as long as expected, and the installation process can be time-consuming. Additionally, the cost of solar panels may outweigh the potential savings, depending on your electricity usage.
Solar Tax Credit in Arizona
Arizona offers a state-level tax credit for solar energy investments. The credit is equal to 25% of the total cost of the solar system, up to a maximum of $1,000. This is in addition to the federal investment tax credit, which is equal to 30% of the cost of the system.
Solar Power System
In order to make the most of solar energy in Arizona, it is important to install a solar power system that is suited to your energy needs. A solar power system typically consists of solar panels, a charge controller, batteries, an inverter, and a racking system. It is important to choose the right components for your system in order to maximize efficiency and ensure that the system will last.
The cost of a solar power system varies depending on the components and the size of the system. Generally speaking, a 5.5 kW system will cost around $15,000 – $20,000 and a 7.2 kW system will cost around $25,000 – $30,000.
In conclusion, investing in solar energy in Arizona can be a great way to reduce electricity bills and increase the value of your home. However, it is important to consider the cost of the system and any applicable tax credits before making a decision. Additionally, it is important to choose a solar power system that is suited to your energy needs.