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iven the ample sunlight in Tucson, it's natural to wonder if a solar system is a good investment here. This article will dive into the economics and practical considerations of installing solar panels in Tucson AZ, exploring the costs and benefits and helping you decide if they're worth it for your home or business. Whether you're considering a switch to clean energy or just curious about the options, this article will provide you with the information you need to make an informed decision.
Are PV modules worth it in Tucson?
Residents of Tucson, Arizona, can benefit significantly from harvesting the sun’s power. With its sunny and hot climate, Tucson is one of the top US cities for PV energy production, boasting 286 sunny days a year, far surpassing the US average of 205. By harnessing the abundant sunshine, homeowners can significantly reduce their monthly electricity bills by going solar. Over two decades, the average-sized solar panel system can help a Tucson resident save as much as $38,000 on their electricity expenses.
Installing PV modules has the added benefit of increasing your property's value. According to a recent study, homes with PV systems typically sell for 4% more on average than those without. This translates to an average increase of $9,200 in value. This is because buyers are drawn to the cost savings and reduced dependence on non-renewable energy sources that come with solar modules.
And, of course, going solar is an environmentally friendly option. Sun’s energy is a clean, renewable source that doesn't produce harmful emissions, making it a responsible choice for Tucsonans who want to reduce their environmental impact.
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Cost of solar panels in Tucson AZ
The average PV panel price in Tucson is $2.4 per watt, making them a better value than the average cost of $3 per watt for residential systems across the United States. If you're looking to install a 6-kilowatt photovoltaic system, which is the typical size, you can expect to pay anywhere from $12,300 to $16,700. On average, a Tucson PV installation is priced at $14,400 before incentives.
There are a few tax credits and exemptions that can significantly reduce the cost. One of the most significant incentives is the Residential Clean Energy Credit, formerly known as the Investment Tax Credit, which allows you to claim a 30 percent tax credit on the cost of a residential PV system.
Additionally, the Residential Arizona Solar Tax Credit will reimburse you 25 percent of the cost, up to $1,000, when you install a photovoltaic system, which can be claimed as a deduction on your personal income tax.
You can also take advantage of the Solar Equipment Sales Tax Exemption, which means you won't have to pay sales tax on your PV system purchase. And, with the Energy Equipment Property Tax Exemption, you won't have to pay any extra property taxes for the value added to your home from the solar modules.
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Intrigued by solar energy in Phoenix? Delve into our comprehensive guide on Solar in Phoenix to learn about the city's solar initiatives, policies, and incentives. Additionally, uncover insights into solar developments in other regions such as Rhode Island, San Antonio, and Tucson in our articles on Solar in Rhode Island, Solar in San Antonio, and Solar in Tucson. By exploring diverse approaches to solar adoption, you can contribute to Phoenix's transition to clean, renewable energy sources.
Top PV installers in Tucson
As a Tucson homeowner seeking to harness the sun’s power, it can be hard to pick the right installer. To simplify your search, we've listed some of the city’s top installation companies.
SunPower
SunPower has a reputation as one of the best national providers, known for its high-quality equipment and exceptional warranty coverage. Their many years of experience, combined with their efficient modules, make them an excellent choice for those looking to go solar. However, their products can be on the expensive side, and they only install SunPower products, which may not be suitable for everyone.
Net Zero Solar
Net Zero, a Tuscon-based solar installation provider, is renowned for their exceptional service. They receive high marks from customers for their quality work, affordable prices, and outstanding customer support. They focus on both residential and commercial installations, offering free site evaluations. Net Zero offers grid-connected storage solutions, as well as off-grid photovoltaic systems for remote locations. Additionally, they even provide solar powered water pumping for wells.
Arizona Southwest Solar and Electric
Arizona Southwest Solar and Electric is another locally owned and operated provider with years of experience. Founded 2012, the company prides itself on delivering top-notch customer service through its team of licensed and certified professionals. They offer PV installations and maintenance services at competitive prices, along with a range of solar batteries featuring a 10-year manufacturer warranty for both indoor and outdoor installations.
Curious about solar energy in Denver? Explore our comprehensive guide on Solar in Denver to learn about the city's solar policies, incentives, and initiatives. Additionally, gain insights into solar developments in other regions such as Rhode Island, San Antonio, and Tucson in our articles on Solar in Rhode Island, Solar in San Antonio, and Solar in Tucson.
Sources:
https://www.bestplaces.net/climate/city/arizona/tucson
https://www.zillow.com/research/solar-panels-house-sell-more-23798/