The most significant solar rebate offered in arizona is the credit for solar energy devices from the arizona department of revenue.
Arizona state tax credit for solar panels.
No preapproval is required for an individual income tax credit for a residential solar energy device tax credit that is claimed on form 310.
2 while generous sun is the biggest factor arizona s solar incentives and the federal solar tax credit help to contribute to its competitive solar capacity.
That is a significant amount of savings on your income taxes.
This puts the average cost of a 5kw system at 13 958 before incentives and 9 325 after claiming incentives.
This credit offers 25 off the gross cost of the system up to a maximum credit of 1 000.
You can claim the credit for your primary residence vacation home and for either an existing structure or.
Form year form.
Residential arizona solar tax credit.
1 so it s no surprise that it consistently ranks in the top 10 solar states in the u s.
A nonrefundable individual tax credit for an individual who installs a solar energy device in taxpayer s residence located in arizona.
After claiming the 26 federal solar tax credit and arizona s state tax credit the price is only 2 00 per watt.
There are several arizona solar tax credits and exemptions that can help you go solar.
Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000.
As one of the sunniest states in the country arizona is a paradise when it comes to solar power.
Arizona state tax credit for solar.
Arizona state energy tax credits.
Arizona offers state solar tax credits 25 of the total system cost up to 1000.
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.
As a credit you take the amount directly off your tax payment rather than as a deduction from your taxable income.
The residential arizona solar tax credit reimburses you 25 percent of the cost of your solar panels up to 1 000 right off of your personal income tax in the.
The top rated arizona solar tax credit and state incentives.