Arizona ranks 5th in solar installation in the United States according to the Environment Arizona Research & Policy Center study. This can be attributed to its sunny weather and warm yearly climate. Over the past decade, the increasing demand for clean energy in the state has led to a tripling of clean energy generated through wind and solar.
The wind and solar energy generated comfortably meet 14% of its electricity demand and will rise in the future due to the increasing popularity of solar energy. Continue reading to learn more about the rise of solar energy in Arizona and how the residents will benefit from going solar.
Why People Are Turning to Solar Energy in Arizona
Arizona experiences blazing summers forcing people to spend considerably more power on air conditioning to cool their houses. The average monthly electricity bill during summer for residential users in Arizona is $167, which is considerably higher than the country’s monthly average. The high electricity bills have forced people to turn to solar energy to minimize the financial burden of cooling their houses during summer and other warm periods. Solar energy has other benefits that have encouraged people in Arizona to turn to it widely.
The Benefits of Solar Energy in Arizona
Turning to solar energy in Arizona has several benefits, hence its popularity and wide adoption in Arizona. Some of the benefits include:
1. Saves Money
Households can save significantly by turning to solar energy as they eliminate the monthly power bills from their budgets. Solar energy can run all household equipment efficiently and sustainably and will not increase in cost the way utility rates do.
It also eliminates the additional costs individuals spend on alternative energy sources during power outages associated with traditional power grids. Solar panels are durable as their warranties go up to 25 years, implying that people spend insignificant amounts on maintenance costs.
2. Increase in Home Value
Installing a solar energy system raises a home’s value by 4%, implying that individuals will sell the house at a higher price than a house without solar power. They are likely to fetch 17% more on the house due to the solar energy system. Being energy independent is a great selling point among home buyers in Arizona.
3. Sell Your Unused Solar Energy
Due to the sunny weather, most people in Arizona produce more solar energy than they can consume. They can sell the excess electricity to power companies who distribute it to other households without electricity. Power companies have developed a feed-in-tariff scheme and net metering to track energy production. Beneficiaries receive money from excess power sales or credits on their power bills.
4. Federal Solar Rebates and Tax Breaks
The United States government offers a 30% tax credit with no set maximum limit for installing a solar panel. It also offers rebates and grants for turning to solar energy. These incentives reduce solar installation costs significantly. Besides, one benefits greatly in the long term from solar tax credits explaining their wide adoption in Arizona.
Turn to Solar Energy With Solar Optimum
Attain energy independence with Solar Optimum. We are the market leader in premium solar panels, battery storage, and roofing solutions in Maricopa County, Arizona. We offer free consultation, solar installation financing, and solar installation services. Get in touch with us today to turn to solar energy.
