Solar energy is becoming an increasingly popular choice for homeowners in Arizona City, Arizona, and for good reason. The benefits of solar for homeowners are numerous and can lead to significant cost savings and environmental benefits. One of the main advantages of solar for homeowners is the potential for decreased energy bills. With Arizona City receiving an average of 299 sunny days per year, solar panels can harness this abundant sunshine to generate electricity for your home. This means that homeowners can significantly reduce their reliance on traditional energy sources, such as fossil fuels, which are not only expensive but also harmful to the environment.
In addition to reducing energy bills, solar can also increase the value of your home. Studies have shown that homes with solar panels installed can fetch a higher price on the market, making it a wise investment for homeowners in Arizona City. This is particularly beneficial in a state like Arizona, where solar energy is highly valued and sought after. Furthermore, installing solar panels on your home can also provide protection against rising energy costs. As energy prices continue to increase, homeowners who have switched to solar can enjoy a consistent and predictable energy bill, providing financial stability in the long run. Lastly, choosing solar energy can also have a positive impact on the environment. By reducing your reliance on fossil fuels, you are contributing to the reduction of harmful greenhouse gas emissions and helping to combat climate change. With its sunny and arid climate, Arizona City is the perfect location for homeowners to take advantage of the many benefits of solar energy.
A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².
The average residential electricity rate in Arizona City is 0.14 Cents per Kilowatt Hour.
There are 60 solar policies and incentives in the state of Arizona. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy. View all Incentives and Tax Credits in Arizona on dsireusa.org.
At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in Arizona City.
Solar energy is a renewable, carbon-free resource so it can help Arizona City to combat greenhouse gas emissions and reduce dependence on fossil fuels. While there are what some call hidden carbon footprints regarding the manufacturing of solar panels, once installed, it is carbon free. In order for the panels to be carbon neutral meaning save more than was used during manufacturing, the solar panels will need to be in operation for 3 years. After these 3 years, the system will remain carbon neutral for the rest of its lifespan. The carbon footprint of solar panel’s is around 20% less than the carbon output of electricity sources powered by coal. Furthermore, for a system size of 6kw, there is a reduction of around 6.3 metric tons of carbon emission per year.
The Solar Investment Tax Credit, also known as the Federal Solar Tax Credit, aims to help grow solar energy in the United States. In order to help reduce the initial cost of solar, all U.S. solar customers are eligible for a tax credit for 26% off their solar system if it is installed and turned on, generating power, by the end of 2022. This tax credit can be claimed by any U.S. homeowner as long as the system is on your primary or secondary residential location. This incentive is time sensitive as in 2024 it will not be available to homeowners. Additionally, the percentage decreases in 2023 to 22%. Learn more about the Federal Solar Tax Credit at Energy.gov.
The National Renewable Energy Laboratory says that installing solar panels is viewed as an upgrade and homebuyers across the country are willing to pay a premium for the economic and environmental benefits of a solar home. Additionally, homes with solar panels often sell faster than those without. The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Arizona City . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.
It is no surprise that electricity costs have been increasing. The cost of electricity has risen dramatically in the last ten years and that trend is expected to continue in Arizona City, Arizona. Read more about the rising electricity costs on Energy Information Administration page. According to the Energy Information Administration, the average nominal retail electricity price paid by U.S. residential electric customers rose at the fastest rate since 2008, increasing 4.3% from 2020 to 13.72 cents per kilowatthour in 2021. Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.
All facts, figures, and information contained on this pages are generalizations for information purposes only. The specific figures for your address may vary. The Solar landscape is constantly evolving but here a few additional resources for you to stay up to date https://www.eia.gov/, https://www.seia.org/resources and https://www.energy.gov/solar.
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