Assessing the Viability of Solar Power in Arizona: An In-Depth Examination

3 min read
19 September 2023

Arizona residents know about its abundance of sunlight year-round. Indeed, it’s considered one of the sunniest states in America, making it an ideal candidate for solar-powered properties. Are you interested in going green with solar power? Here’s an in-depth look at the possible benefits for homeowners and why investing in it is wise.

Abundant Sunshine

Arizona enjoys an average of 300 sunny days annually, making it a prime location for solar power. That’s because panels rely on sunlight for electricity production. Homeowners in the sunniest state in the country could reap significant savings by generating power with solar panels instead of depending on grid energy, potentially decreasing costs over time and potentially cutting their dependence. With so much sunshine, properties in the state can make the most out of solar panel technology.

Arizona’s High Electricity Rates

One factor making solar energy an appealing investment option in Arizona is its high electricity rates, which are among the highest nationwide. The state boasts some of the highest residential rates. Energy bills can become costly for homeowners, making a solar energy system an investment worthy of consideration to save money and protect against rising energy costs. Get started on those savings today by finding a company offering solar installation in Peoria.

Tax Incentives

Arizona offers homeowners who switch to solar power an array of tax benefits that make investing worthwhile. State residents are eligible for up to a $1,000 state tax credit for residential solar panel installations, which helps offset installation costs. Furthermore, federal authorities offer up to 26% tax credits toward installing panels, further decreasing homeowner expenses. If you want to save on costs, ask more about the tax perks before moving forward.

Net Metering

Arizona also has a net metering program that allows homeowners to earn credits from any surplus energy their solar panels produce, which they can use against the cost of any energy used from the grid when their panels don’t provide enough. This helps further lower solar power costs for Arizonan homeowners.

Environmental Benefits

Solar power investments in Arizona offer multiple environmental advantages. By switching to clean energy sources like solar power, homeowners are less reliant on non-renewable resources like coal and natural gas for energy needs; carbon emissions are reduced from this form of power generation. By choosing solar power solutions as part of their climate change mitigation strategies in Arizona, homeowners are making a crucial step toward combatting global climate change. If you want to make a stand or believe eco-friendly efforts are crucial, go green with solar power.

Long-Term Investment

Solar power investments represent an attractive long-term option for homeowners in Arizona. Solar panels last between 25 to 35 years on average, meaning homeowners can reap the rewards for decades without worrying about costly maintenance or replacement fees. Homeowners that generate electricity themselves can keep rising energy costs from affecting their electricity bills. If you have the patience and resources for long-term investment strategies, solar might be worth considering; its savings won’t happen instantly, but it will pay off over time.

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James Miller 2
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