THE GRAND CANYON STATE GOES SOLAR
Why go solar in Arizona
Many have already gone solar in the Grand Canyon State, and for good reason! Arizona ranks 8th* in the nation for growth in the next 5 years. Investor owned utilities will source 15% of their power from renewables by 2025, so you will see great incentives. There are many reasons why residents are going solar, the biggest being “it just makes sense.”
Solar incentives in Arizona*
Arizona’s Residential Solar and Wind Energy Systems Tax Credit offers a state tax rebate to qualifying residents on the purchase price of a solar system of up to $1,000. Additionally, the Solar Equipment Sales Tax Exemption frees you from any Arizona solar tax. You won’t have to pay any sales tax on your system or additional property taxes on the added home value.
Arizona homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.
Solar panels perform in all kinds of weather
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
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*This information is current as of May 5, 2021 and customers are encouraged to check with their local utility providers for the most up to date and accurate information.
**We advise you to consult with the appropriate professionals (including, but not limited to, your solicitor or attorney, accountant, CPA, CGA, or any other financial or legal advisor) for the implications of any information contained in our website and in any link you access through our website.
***You should contact a qualified tax expert and consult with them. Neither Freedom Forever’s family of independent authorized dealers nor Freedom Forever itself can give you tax advice. A qualified tax professional will understand your situation and be able to give you the most relevant advice.