We ve written all over the site about the advantages and disadvantages of solar energy and here are a few highlights.
Arizona solar panels negatives.
Rps stands for renewable portfolio standard and requires the states investor owned utilities iou s to source 15 of their power from renewable sources by 2025.
Solar panels cons in arizona.
Again we re a bit biased but we think there are plenty of great reasons to support solar.
Disadvantages of solar energy 1.
Both solar leases and solar ppas are very similar making it hard to tell the difference between the two.
Read on to learn about these points and other in depth and see the full list of solar energy pros and cons.
Solar leases and solar power purchase agreements ppas are two kinds of solar financing options that make it easy to install a solar system on your roof.
Panels that are owned add some value to the resale.
1 solar saves you money.
That is a significant amount of savings on your income taxes.
The large upfront cost is one of the biggest drawbacks of solar panel systems.
If a homeowner paid 18 000 for solar those panels don t necessarily add 18 000 to the resale.
High upfront cost.
But it s not a straight calculation.
These solar energy pros and cons are some of the top of mind issues for solar shoppers.
Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000.
So as you can see it does cost a good amount of money to get solar installed on your home.
In this blog we break down how exactly these financing options are different and which one might be the best choice for you.
Here are our most important ones to keep in mind.
Costs a lot of money.
Not only do arizona residents get to take advantage of the federal tax credit but they can also receive the state s solar energy credit.
Regardless of any pros and cons of putting your home up for sale when it is equipped with solar panels in the end buyers are going to buy a home they love and the vast majority aren t going to let a pv system be the make or break factor.
Top pros to keep in mind.
Why is arizona such a strong market leader.
Right now the average cost of solar in the us is about 3 18 per watt.
On the plus side houses with existing solar energy can sell for more than those that don t have it.
Benefits of solar energy.
There are many benefits of solar energy.
Arizona solar energy tax credit.
So a 6 kw solar panel system would run you around 19 080 on average before the federal tax credit.
On average solar panels cost about 24 500 for a 7 kilowatt solar system in arizona.
Recycling solar panels it s time to think ahead.
But you can save about 8 500 on a system of that size with the federal itc of 30 and the 1 000 arizona tax credit.