Arizona Goes Solar with SunPower®
Premium solar for Arizona homebuilders
Why should Arizona homebuilders offer solar on newly constructed homes?
As one of the sunniest states in the United States, Arizona has massive potential for solar energy. With 286 sunny days annually,*BestPlaces. Arizona. Accessed April 26, 2022. https://www.bestplaces.net/climate/state/arizona Yuma, Phoenix, Tucson, and other cities currently produce around 9% of the state's electricity through solar power systems.
Acknowledging the state's solar potential, the Arizona Corporation Commission (ACC) requires electric companies to acquire 15% of their energy from renewable sources by 2025. Installing solar for Arizona home builders increases property values by over 3% in some cases. Going solar is easy, reliable, and cost-effective.
Why would consumers want to buy new homes with solar panels?
Arizona enjoys plentiful sunshine throughout the year, making solar-powered buildings more desirable and beneficial for homeowners and business owners. The average payback period in Arizona stands at about eight years. The savings on utility bills will quickly make up for the cost of purchase and installation of rooftop solar power systems.
In addition, the environmental benefits of utilizing clean energy will motivate consumers to invest in solar-ready homes. Aside from the prospect of producing free electricity for years to come, government incentives also play a vital role in convincing consumers to buy properties with pre-installed rooftop solar panels.
Do financial incentives exist for builders who use renewable energy?
Maximize your return on investment by consulting reputable solar experts who can provide everything you need to "go solar" for Arizona home builders, from financial incentives to energy modeling support.
The federal and state governments offer multiple incentive programs to promote the implementation of renewable energy in newly constructed buildings. With the dramatic drop in price of solar panels and the available financial incentives, residential solar projects have become more affordable and profitable than they were in the past.
How much does solar cost in Arizona?
The cost of a home solar system can vary, even in the same state, due to a range of factors. These include the:
Quality of the solar system
Household's energy needs
Available roof space
To help you understand the price of going solar in your area, we've analyzed SunPower price quotes, as well as quotes gathered by third-party sources, for thousands of homeowners across the country.
In Arizona, we found that the cost of owning a 5 kW solar system ranges from $12,650 to $40,000, or in other words, from $2.53 to $8.00 per watt. And that's before considering the benefits of any available tax credits or incentives.
Federal solar investment tax credit
The federal investment tax credit (ITC) allows homeowners to claim a 26% reduction on the entire cost of the system through the end of 2022. This tax credit program has no cap on its value.
Arizona residential solar energy tax credit
The Arizona residential solar energy tax credit is 25% of the total cost of a system or $1,000, whichever is lower. This state tax credit program, combined with the federal tax credit, can significantly reduce the cost of purchasing a solar system.
Property tax exemption
The Arizona state government allows a property tax exemption for the increased home value resulting from the installation of rooftop solar panel systems.
Sales tax exemption
Arizona's Solar Equipment Sales Tax Exemption applies a 5.6% reduction on most solar energy equipment costs.
What's the best way to add solar to new single-family homes in Arizona?
Solar panels come in various shapes and sizes and serve many different purposes. Consult with reliable solar experts to install the most suitable systems for single-family homes in Arizona. From conceptual energy modeling and analysis to financial support and monetization of solar systems, a good installer's services will take care of everything so you can enjoy high returns from your project.
The SunPower Equinox® system easily fits into the construction process of a new home, unlike conventional solar panel systems. Integrate green energy into your residential or commercial construction projects and minimize any negative impact on the environment. Join the solar power movement today.
Solar Power for Homebuilders in Arizona
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