Benefits of Solar Energy
Solar energy comes with multiple perks. Here are some highlights.
- Reduced carbon footprint: Using clean solar power lowers your dependence on fossil fuels, which release greenhouse gases that damage the environment.
- Better energy independence: Solar panel systems can keep your home powered through blackouts and emergencies. You can use your solar energy anytime with optional battery storage.
- Lowered energy bills: You can avoid the expensive cost of grid-tied power by generating some electricity right where you use it. Plus, many states offer net metering which can allow you to sell your unused energy back to help pay for your energy bill.
What Solar Incentives Are Available to Casas Adobes Homeowners?
The state of Arizona offers a variety of solar incentives to help cut your solar system costs. Below is a breakdown of relevant solar programs where you live.
Incentive Type: Sales Tax Incentive
Incentive Amount:
100% of sales tax on eligible equipment
Incentive Type: Personal Tax Credit
Website: azdor.govIncentive Amount:
25%
Incentive Type: Personal Tax Deduction
Incentive Amount:
Total cost, exclusive of taxes, interest and other finance charges
Incentive Type: Property Tax Incentive
Incentive Amount:
100% of increased value
Incentive Type: Rebate Program
Website: trico.coopIncentive Amount:
$0.40 per expected first year kWh savings
Incentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Casas Adobes
Choosing a company is the first step toward an effective and valuable solar system. Make your choice based on the following vital factors.
Licensing and Training
Arizona's Registrar of Contractors grants specialty licenses for solar thermal and PV contractors. To install solar thermal systems, a contractor must be a licensed plumber, and for solar PV systems, they must be a licensed electrician. Solar companies can also pursue accreditations from standards organizations and trade groups. The most prestigious ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Casas Adobes
The type of solar panels you purchase determines how much electricity you can produce. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
Additional components, such as electric vehicle (EV) chargers and battery storage, will add to your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar providers provide these add-ons, so look for a company that installs them if it's a priority for you.
A majority of Casas Adobes homeowners choose solar systems rated for five kilowatts (kW) of electrical capacity. These systems run about $15,350 to install, considering both materials and labor. You can see more specific solar cost information in the table.
| Solar Panel Cost | Average Cost |
|---|---|
| Solar Monocrystalline | $1,091 |
| Solar Polycrystalline | $851 |
| Thin-Film | $498 |
| Solar Battery | $699 |
| Solar Home EV Charger | $2,619 |
Financing Solar Energy in Casas Adobes
Solar providers use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), cash payments, solar leases and solar loans. Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to an auto or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a PPA lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Ask each provider you're vetting about the payment plans it offers. A staff member can help you determine the most suitable option for your financial situation.
The table below lists the average payback periods for different capacities of solar systems in Casas Adobes.
A 26% federal solar tax credit applies to new residential solar equipment purchased through 2032. Extra incentives may be available through local governments, usually in the form of rebates and special financing programs.
| Solar System Capacity | Estimated Payback period |
|---|---|
| 1 kW | 1.7 years |
| 2 kW | 3.3 years |
| 5 kW | 8.3 years |
| 10 kW | 16.5 years |
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Frequently Asked Questions About Solar in Casas Adobes
How much money could I save by going solar in Casas Adobes?
Is solar energy readily available in Casas Adobes?
Should I expect a boost in my property value after switching to solar energy?
How long does the photovoltaic installation process take?
What care do my solar panels need, and how frequently do they need it?
What is the average payback period for Casas Adobes solar panels?
Should I get quotes from multiple Casas Adobes solar companies?
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