Are solar panels tax deductible in Arizona?

The federal solar investment tax credit is usually the most significant financial incentive for homeowners buying solar panels. You can lease a system or enter a power purchase agreement with little upfront cost. However, you won’t be eligible for the federal tax credit. How much do solar panels cost in Arizona?

How much do solar panels cost in Arizona?

Arizona ranks 3rd in the country for residential solar energy production and 5th for overall solar energy generation. The cost per watt for solar panels in Arizona is lower than the average cost of solar panel installation in the United States, which currently ranges from $3.00 to $4.50 per watt.

Should you install solar panels in Arizona?

Arizona is the sunniest state in the United States, so installing solar panels makes a lot of sense: They'll reduce your carbon footprint and your reliance on the utility electric grid.

Do solar installers need a license in Arizona?

In Arizona, all PV installers must hold the appropriate contractor’s license and an electrician’s license. In some cases, Residential and Commercial General Contracting and Remodeling Licenses can contract for solar installations, but this can vary by jurisdiction. Financing options

Are solar panels a good investment in Arizona?

Solar panels will save you a lot of money over time, but the upfront costs aren't cheap. The average Arizona homeowner needs a 13.32 kW solar panel system to cover their electricity needs, which comes out to $27,240 before incentives.

Should you get a solar loan in Arizona?

Solar loans are popular among homeowners because you don’t have to have the money for the installation upfront, but you get better lifetime savings than with a leased system. You also get to directly use the incentives (tax credits, rebates, etc.) available in Arizona, rather than a leasing company retaining them.