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Arizona Solar Panel Guide (2022)
Arizona is one of the best places in the nation to do two things: 1.) Install solar panels 2.) Get a mean sunburn. A combination of high sun exposure, expensive utility rates, solar tax credits, and the state’s net metering law means homeowners can save a lot of money by installing solar panels on their homes.
Are Solar Panels Worth It In Arizona?
Solar panels have fallen in price by more than 80% in the last ten years. In 2022 they also remain subsidized by the 30% federal tax credit and the net billing law, making solar panels an excellent investment. They offer a return well above the long term average return from both the share market and also property investment.
Another way to look at this question is the levelized amount you will pay for each kWh of power you will use over the next 25 years with and without solar panels. As you can see below you can expect to pay 3x more to your utility.
Levelized Cost of Solar Energy
8¢ / kWh
If You Don't Get Solar
24¢ / kWh
If You Don't Get Solar
24¢ / kWh
What Affects Solar Panel Installation Costs?
These are the main factors that will determine exactly how much you’ll spend to install solar on your home:
- Your home’s average utility costs and energy usage
- Your rooftop’s solar potential – amount of sun it receives yearly
- The average local cost for a solar panel system in your area
-
The average labor costs and demand in your area
-
Local incentives and rebates you could receive
What Are The Different Solar Programs?
These are by far the 3 most popular ways homeowners go solar. There's no such thing as "one size fits all" when it comes to solar energy because every household has different goals and different budgets. You can learn more about these 3 programs here.
PPA
No up front cost. Simplest option.
- Up-Front Cost: $0
- Ownership: No
- Warranty: Yes
Financed Purchase
Own your system. Pay over time.
- Up-Front Cost: $0
- Ownership: Yes
- Warranty: Yes
Financed Purchase
Own your system. Pay over time.
- Up-Front Cost: $0
- Ownership: Yes
- Warranty: Yes
Cash Purchase
Pay upfront. Most long term savings.
- Up-Front Cost: System Cost
- Ownership: Yes
- Warranty: Yes
Cash Purchase
Pay upfront. Most overall savings.
- Up-Front Cost: System Cost
- Ownership: Yes
- Warranty: Yes
How Much Will Solar Panels Cost Me?
There are many factors to consider when figuring out how much solar would cost your home specifically because every home is unique and has different electricity needs.
Enter your zip code below to start calculating the cost & savings you're likely to get from installing solar!
How Much Will Solar Panels Cost Me?
There are many factors to consider when figuring out how much solar would cost your home specifically because every home is unique and has different electricity needs.
Enter your zip code below to start calculating the cost & savings you're likely to get from installing solar!
What Are The Different Solar Programs?
There are 3 main ways homeowners go solar...
Cash Purchase
Pay upfront. Maximize your savings
Loan
Own your system. Pay over time.
Lease / PPA
Zero down. Instant Savings.
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