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