Spin your meter backwards and get paid for the power you produce.
There is no better time to take advantage your Arizona solar tax incentives, want to learn more?
Breaking Down the Cost of Solar Panels in Arizona: What You Need to Know
Regardless of how you look at it, solar panels bring with them a wide range of different benefits that most people simply cannot afford to ignore. Not only do they help dramatically reduce your energy bills right away, they could potentially eliminate them entirely – especially in an area of the country like Arizona that sees a significant amount of sun every year.
Beyond that fact that you literally start saving money from day one, you also get to do your part to help preserve our fragile environment – a perfect storm in the best possible way if there ever was one. But at the same time, if you’ve been thinking of investing in a solar panel system of your own, a natural first question is “how much is this all going to cost me, anyway?” Thankfully, the answer to that question is a straightforward one – but it does require you to keep a few key things in mind to make sure you have the proper context.
The Cost of Solar in Arizona: An Overview
One of the most important things to understand about the cost of solar panels in Arizona is that it will actually vary fairly significantly depending on a few different factors. The most immediate one of these is the size of the solar panel system that you need. This will largely be dictated by the average amount of electricity that your home uses in a given period, along with the total amount of ground that system has to cover. Your system’s price will further increase if you’re thinking of adding in additional features like a solar battery somewhere on your property. Yes, it’s an additional up-front expense – but it’s also a great way to store that excess energy your solar panels are creating instead of feeding it all back into the local power grid, making sure that you don’t have to worry about issues like power outages ever again.
With all of that in mind, one recent study indicated that the average cost of a residential solar system will come in somewhere between $15,000 and $25,000. Keep in mind, however, that there are also rebates and utility incentives available to you that can drive this price down. When you also consider that the same study revealed you’re likely to spend over $70,000 in electrical bills over the next 25 years, it’s easy to see why this is one move that is well worth making.
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