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SOLAR PANELS IN BUCKEYE, AZ

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solar payback
AVERAGE PAYBACK
PERIOD
10 YEARS
solar money
20 - YEAR
SAVINGS
$16,469
solar casg
SOLAR PANEL COST
PER WATT
$1

THE BENEFITS OF SOLAR IN BUCKEYE

Solar energy has become increasingly popular among homeowners in Buckeye, Arizona, and for good reason. In addition to significantly reducing your carbon footprint, installing solar panels can also lead to significant financial savings. By harnessing the sun’s energy, homeowners can lower their electricity bills and even potentially eliminate them altogether. With Arizona’s abundant sunshine, Buckeye residents are in a prime location to take advantage of the benefits of solar energy. One of the main financial benefits of solar energy for homeowners in Buckeye is the potential for significant savings on their electricity bills. Arizona has some of the highest electricity rates in the country, and the average household spends around $1,500 on electricity each year. By using solar energy, homeowners can generate their own electricity and reduce their reliance on the grid, which can lead to significant savings.

In fact, a study by the National Renewable Energy Laboratory found that Arizona homeowners who installed solar panels saved an average of $64 per month on their electricity bills. In addition to the potential for financial savings, solar energy can also provide other benefits for homeowners in Buckeye. For example, solar panels can increase the value of your home and make it more attractive to potential buyers. Solar panels can also help to improve your home’s energy efficiency and make it more comfortable to live in. If you are a homeowner in Buckeye, Arizona, and you are interested in learning more about the benefits of solar energy, there are a number of resources available to you. You can contact a solar installer in your area to get a free quote, or you can visit the website of the U.S. Department of Energy’s Solar Energy Technologies Office for more information.

LITTLE BIT MORE ABOUT SOLAR PANELS IN BUCKEYE

solar panels
7.5 HOURS PEAK SUN

A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².

solar panels
0.14 ELECTRICITY RATE

The average residential electricity rate in Buckeye is 0.14 Cents per Kilowatt Hour.

solar panels
60 INCENTIVES AND TAX CREDITS

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.

WHY SHOULD YOU CONSIDER GOING SOLAR IN BUCKEYE

  • YOU CAN SAVE ON YOUR UTILITIES BILL

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 Buckeye.

  • REDUCE YOUR CARBON FOOTPRINT IN Buckeye

Solar energy is a renewable, carbon-free resource so it can help Buckeye 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.

  • TIME SENSITIVE INCENTIVES

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.

  • IMPROVE THE VALUE OF YOUR HOUSE IN Buckeye

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 Buckeye . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

  • FIGHT AGAINST RISING ELECTRICITY COSTS IN Buckeye

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 Buckeye, 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.

SINCE 2018 PEOPLE IN ARIZONA HAVE SAVED ON AVERAGE $16,469

You can also join them, all you have to do is leave an application

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Disclaimer

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.

The Quote Match is part of an integrated solar and home services marketplace and is not a solar installer, contractor, or government agency.© 2022 All Rights Reserved.