southern arizona solar

Southern Arizona Solar

Southern Arizona homeowners could be saving up to 30% on their energy bills with the installation of cost-effective solar. Solar panels generate their own power and can therefore greatly offset your monthly electricity bill or potentially even eliminate it. More sun means more energy produced and a greater potential to save, making solar panel installation in Southern Arizona an excellent choice. 

Improve Home Value

Not only will solar panel installation save you money, but it can also make you money! Solar panels are viewed as home upgrades, like a renovated kitchen or a finished basement, so purchasing a solar energy system will likely increase your home’s value. Studies show that on average, a solar installation can increase home value by $15,000.

Become Energy Autonomous

Many Southern Arizona homeowners dread their summer electric bill, and, in most cases, there is little you can do to control your utility electricity rate. While the cost of solar has decreased by more than 70 percent in the past decade, the cost of electricity has risen by about five percent, and that trend of rising electric cost is expected to continue. Going solar puts you in the driver’s seat when it comes to energy generation. Utilities are quickly adapting to the rising adoption of renewable energy and the U.S. government is quickly increasing its goals for greenhouse gas emissions reduction. With this in mind, there has never been a better time to become your own energy producer.

The Best Possible ROI

Due to a number of solar incentives in place across the United States, solar panels can actually generate profit, in addition to generating savings, that will pay off the cost of the system. The state of Arizona offers both tax credits and tax exemptions for those generating their own solar power. With these solar incentives in place, you can expect both immediate and long-term returns from your solar investment. 

With nearly 300 days of sunshine a year, there’s no better place for solar energy than Southern Arizona; and with more than 60 years of combined experience, there are no better professionals to perform your solar installation than the well-equipped team at The Solar Store.

Federal Tax Credits

Federal Tax Credits for Solar Installation

Federal Tax Credits for Solar Installation

April 06, 2020

Back in 2005, the Energy Policy Act created incentives to promote solar energy and support our country’s transition to renewable energy. While these incentives were supposed to end in 2007, the benefits of this Act can still be felt today, especially by homeowners. Today, our team at The Solar Store is sharing what the federal tax credit is, and how you can take advantage of it for your very own solar installation.

The federal solar tax credit, also known as the investment tax credit, was built to save home and business owners on the upfront cost of solar. For 2021 and 2022 homeowners can receive a tax credit of 26% deducted from the cost of their system. There is language about further incentives for solar in the new spending bill. We will have to pass it to see what’s in it!

You don’t need to jump through a ton of hoops to qualify for this tax credit either. As long as you own your solar energy system, you are eligible. When you file your federal tax return, speak to your accountant about form 5695, which will validate your renewable energy credits.

The Solar Store Can Save You Big

With over 60 years of experience, The Solar Store has been providing southern Arizona exceptional value on solar services. We believe solar solutions are not only better for the environment but for your bottom line as well.

3 ways solar can save you money:

  1. The Solar Store stays up to date on current federal and state tax incentives, so we can walk you through the best way to save on installation costs, sometimes drastically cutting the upfront price.
  2. Producing your own solar energy will significantly reduce your energy bills. Those monthly savings can really add up.
  3. Solar energy systems on your property will increase the property’s value, with studies finding that properties sell faster and for more than homes with traditional energy systems.

If you’re curious about the upfront cost of installing solar for your home or business, call our team of experienced solar professionals. We will work with you to understand your property’s needs and offer you customized solutions to guarantee your solar panels are perfect.

Call our team today at (520) 322-5180, or contact our skilled team online. We offer a wide variety of solar services throughout Tucson and all of southern Arizona.

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