Right now the average cost of solar in the us is about 3 18 per watt.
Arizona solar panels negatives.
On the plus side houses with existing solar energy can sell for more than those that don t have it.
Both solar leases and solar ppas are very similar making it hard to tell the difference between the two.
Regardless of any pros and cons of putting your home up for sale when it is equipped with solar panels in the end buyers are going to buy a home they love and the vast majority aren t going to let a pv system be the make or break factor.
Arizona solar energy tax credit.
Disadvantages of solar energy 1.
These solar energy pros and cons are some of the top of mind issues for solar shoppers.
So a 6 kw solar panel system would run you around 19 080 on average before the federal tax credit.
So as you can see it does cost a good amount of money to get solar installed on your home.
If a homeowner paid 18 000 for solar those panels don t necessarily add 18 000 to the resale.
Solar panels cons in arizona.
Recycling solar panels it s time to think ahead.
Read on to learn about these points and other in depth and see the full list of solar energy pros and cons.
We ve written all over the site about the advantages and disadvantages of solar energy and here are a few highlights.
Not only do arizona residents get to take advantage of the federal tax credit but they can also receive the state s solar energy credit.
But you can save about 8 500 on a system of that size with the federal itc of 30 and the 1 000 arizona tax credit.
Rps stands for renewable portfolio standard and requires the states investor owned utilities iou s to source 15 of their power from renewable sources by 2025.
On average solar panels cost about 24 500 for a 7 kilowatt solar system in arizona.
Costs a lot of money.
Panels that are owned add some value to the resale.
That is a significant amount of savings on your income taxes.
Benefits of solar energy.
A significant reason for the growth of solar power in recent years is arizona s rps law.
There are many benefits of solar energy.
Top pros to keep in mind.
1 solar saves you money.
The large upfront cost is one of the biggest drawbacks of solar panel systems.
Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000.
Here are 4 advantages of solar energy.
If you invest in a 7 8 kw solar system of twenty four 325 watt panels you could make enough electricity to erase the up front cost of the system in 11 years and then enjoy free electricity for at least 14 more years as the solar panels keep producing under the original manufacturer s warranty.
Solar leases and solar power purchase agreements ppas are two kinds of solar financing options that make it easy to install a solar system on your roof.
But it s not a straight calculation.
In this blog we break down how exactly these financing options are different and which one might be the best choice for you.
Again we re a bit biased but we think there are plenty of great reasons to support solar.
