Maximize Your Solar Savings with Arizona’s Incentives and Rebates
Switching to solar energy in Arizona is more affordable than ever, thanks to a range of federal, state, and local incentives. The Federal Solar Investment Tax Credit (ITC) allows homeowners and businesses to deduct 30% of their solar installation costs from federal taxes. This significant incentive applies to both residential and commercial systems and has been instrumental in making solar energy accessible nationwide.
Arizona residents also benefit from state-specific programs, including the Solar Equipment Sales Tax Exemption, which removes state sales tax on eligible solar equipment purchases, and the Residential Solar Energy Credit, offering a state income tax credit of up to $1,000 for residential solar installations.
Local utility companies, such as APS and SRP, provide additional rebates and performance-based incentives (PBIs) to encourage solar adoption. These programs can further reduce upfront costs and accelerate the return on investment.
Why Explore Solar Incentives?
Taking advantage of these incentives not only makes solar more affordable but also enhances your energy savings in the long run. By combining federal tax credits, state rebates, and utility incentives, Arizona residents can significantly lower installation costs and enjoy ongoing energy bill reductions. Explore these options today to maximize your solar potential with AZSP!
Arizona-Specific Solar Incentives
Arizona offers several incentives and rebate programs to help residents and businesses save on solar installations.
Here in Arizona
- Arizona State Solar Tax Credit:
- Solar Sales Tax Exemption
- Solar Property Tax Exemption
- Net Billing (Replacement for Net Metering):
- Utility-Specific Rebates
Vision
Guiding Beliefs in Solar Energy:
- Solar energy is the future. It’s a reliable, sustainable alternative to fossil fuels, and Arizona’s abundant sunshine makes it the ideal resource.
- Education is key. Consumers need to understand their options to make the best decisions about solar installation and equipment.
- Energy independence is empowering. Solar power reduces reliance on traditional energy grids, providing security and stability for families and businesses.
- Solar energy is the future.
- Education is key.
- Producing clean and renewable source of power.
- Energy independence is empowering.
Arizona-Specific Solar Incentives
- Solar Sales Tax Exemption: Solar panel installations in Arizona are exempt from sales tax, saving approximately 5-11% on the cost of installation.
- Solar Property Tax Exemption: Although solar panels may increase property value, Arizona exempts this added value from property tax calculations.
- Net Billing (Replacement for Net Metering): While net metering is no longer available, homeowners can earn credits at an avoided cost rate when sending excess solar energy back to the grid.
- Utility-Specific Rebates: Some utilities in Arizona, such as Tucson Electric Power, offer rebates for solar battery systems or other efficiency upgrades.
Federal Solar Incentives
The Federal Solar Tax Credit (30% of installation costs) is also available to Arizona residents and can be combined with state incentives to maximize savings.
Importance of Research
Before investing in solar, thorough research is critical. It helps you identify the best systems, understand incentives, and ensure compliance with regulations. Using solar calculators and consulting with reputable installers can streamline this process.