Arizona, popularly known as “The Sunshine State,” is the sunniest state in the country, with residents receiving more than 300 days of sunlight every year. Arizona homeowners have a unique opportunity to harness this limitless supply of solar energy for electricity. However, transitioning to this renewable energy source can be hard because of a lack of information and many misconceptions about solar energy. Read along to discover why investing in solar power in your Arizona home is the best decision you’ll ever make.
Arizona Solar Incentives
Switching to solar comes with a large upfront cost, but can save you hundreds on energy bills. The following are some of the many Arizona solar benefits.
Solar-Friendly Net Billing Policies
Arizona does not have a net metering program. Instead, the state has a net billing system whose rates vary depending on the utility provider. On average, the total amount offered by the utility company ranges between 70% and 95% of the retail price. Adding a solar battery system can help you save more with the net billing program.
Abundant Sunshine
Arizona receives the most sunlight in the country, so it makes perfect sense to invest in solar energy. Also, compared to other states, the Grand Canyon State receives the longest peak sunlight hours, allowing residents to generate extra electricity, which they can either store in battery backup or sell back to the utility provider for credits.
Federal Solar Tax Credit (ITC)
Thanks to Arizona’s desert sun, it’s the perfect place to switch to solar, and making this transition has never been more affordable. Arizona homeowners can take advantage of the federal residential solar tax credit that grants residents a 30% federal solar tax credit on the cost of purchase and installation of all solar systems purchased between 2022 and 2032. The following are the qualifications for the federal solar tax credit:
- You must own your system
- You must have a U.S. taxable income
- Your solar system should be new
- You must install the solar system at a residence you own in the U.S.
Grid Independence
Solar power allows homeowners to achieve energy independence, minimizing reliance on grid electricity from a utility. The following are the main advantages of grid independence:
- Provides backup power during outages to continue powering your AC and other important equipment
- Gives total control over the energy consumption in your home
- Eliminates stress about utility rate increases
- Reduce your reliance on fossil fuels
Reap the Arizona Solar Benefits With Solar Optimum
Switching to solar energy in Arizona is a smart investment. In addition to having some of the best financial incentives in the country, the state has unlimited access to prime sunlight to cater to your energy needs. With the help of Solar Optimum, you can easily get your own solar power system up and running. Contact us today to learn more about our services.