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Arizona Loves Solar Power
Arizona has a tax credit of 25% available to homeowners looking to purchase a solar energy system and qualifies. This tax credit is in addition to the 26% Federal Tax Credit. They also have tax exemptions from property taxes and solar sales tax when buying your solar energy system. This allows you to increase the value of your home without having to pay for an increased home value. For an average priced home ($320,000) in Arizona property taxes are about $1,950. Now if you purchased a solar system at an average price of $16,000 your property taxes would usually rise to around $2,050, but in Arizona your property taxes don’t rise when you purchase a solar system that increases the value of your home.
Mae and Lee - Virginia
Mae and Lee, a couple from VA saved $7,665 by taking advantage of the federal solar tax credit when they purchased their solar system in 2020
The Cost of Going Solar in Arizona
Solar Installation in Arizona
There are many different factors that affect the price of your solar energy system. Tax incentives and rebates, materials, equipment, permitting, current energy consumption, etc. all play a part in calculating the total cost. We recommend working with an expert from Noble Solar to see how much it will be for your home. We can design a proposal for your home that is based on your unique situation, so that when we give you a final estimate it will be as accurate as possible. For a more general cost, according to Solar Reviews, in 2021 the average cost of a residential photovoltaic solar panel system in Arizona was $16,020 before tax credits. Every system is different though, so the price may be higher or lower depending on where you live in Arizona.
There are many ways to finance your solar system, but one of the best options is getting a solar loan. If you have a credit score of 650 or higher and earn $40,000 or more annually, you have a great chance at securing financing in Arizona at a great interest rate. We mentioned this earlier but when you partner with Noble Solar, we design a proposal for your home which includes your financing options, projected savings, and estimated monthly payments.
The solar installation process in Arizona is really simple and can be done throughout most of the year. Many people choose to stay connected to the grid because of the feed-in tariffs available, so that is something to know going into the installation. Noble Solar has a great team of professionals that are your best option for solar installation. To see if solar power is the best option for you and your home, schedule an appointment today!
Schedule your Arizona Solar
Switching to solar power in Arizona could be stress-free if you work with a caring professional like Noble Solar. To start the process, call to set up a complimentary, 5-minute initial phone appointment with one of our solar experts. We’ll go over the basic information we need to create a proposal, and answer any questions you have. We’ll also go through any of the tax incentives or promotions that are available to you and let you know which ones you would qualify for. Then we will schedule an at-home or digital (Zoom or Skype) appointment to go through your proposal and provide all of the in-depth information that you need.
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