So as you can see it does cost a good amount of money to get solar installed on your home.
Arizona solar panels negatives.
High upfront cost.
On the plus side houses with existing solar energy can sell for more than those that don t have it.
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.
But it s not a straight calculation.
Here are our most important ones to keep in mind.
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.
If a homeowner paid 18 000 for solar those panels don t necessarily add 18 000 to the resale.
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.
Solar panels cons in arizona.
1 solar saves you money.
Both solar leases and solar ppas are very similar making it hard to tell the difference between the two.
Read on to learn about these points and other in depth and see the full list of solar energy pros and cons.
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.
We ve written all over the site about the advantages and disadvantages of solar energy and here are a few highlights.
In this blog we break down how exactly these financing options are different and which one might be the best choice for you.
There are many benefits of solar energy.
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.
So a 6 kw solar panel system would run you around 19 080 on average before the federal tax credit.
Again we re a bit biased but we think there are plenty of great reasons to support solar.
Why is arizona such a strong market leader.
Right now the average cost of solar in the us is about 3 18 per watt.
Benefits of solar energy.
Costs a lot of money.
Panels that are owned add some value to the resale.
The large upfront cost is one of the biggest drawbacks of solar panel systems.
A significant reason for the growth of solar power in recent years is arizona s rps law.
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.
Recycling solar panels it s time to think ahead.
Disadvantages of solar energy 1.
On average solar panels cost about 24 500 for a 7 kilowatt solar system in arizona.
Here are 4 advantages of solar energy.
Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000.
Top pros to keep in mind.
