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