Solar Panel Cost Fast Facts
The average cost of solar has fallen about 20% over the last 5 years. It’s getting more affordable as renewable energy becomes more common and in-demand.
Tax incentives can curb your solar installation costs. The full federal solar tax credit is still available through 2023.
The size of your system impacts the total cost. You’ll have a lower cost per watt with a larger solar system, although the total cost of your system will be higher.
Thinking about installing solar panels to lower your energy bill? Then you’ll probably be wondering what you can expect in terms of solar panel cost. This includes the ongoing increase in electricity rates. Intelligent Design Air Conditioning, Plumbing, Solar, & Electric is a leading solar installer in Southern Arizona. We’re here to answer your questions about the cost of solar energy systems.
Common Questions About Solar Costs
What’s the typical payback period for solar?
The solar payback period is a calculation of how long it will take you to break even on your electric bill. This also includes the pay back your investment costs. On average, this period is 8 years. So, most homeowners can plan to fully enjoy their investment. Even if you are planning on moving to a new home sooner. Then having a solar system installed can boost the resale value of your home.
Will I still be connected to the electrical grid?
Your home will still remain on the grid, but you likely won’t ever have a significant utility bill. From the local power company in you area. That’s because your home will supply excess energy to the grid during times of high production. You’ll receive credits to pay for any supplementary power your home uses from the grid.
How long will my solar system last?
You can expect your solar panels to last for at least 20 years with proper maintenance. Many homeowners can expect closer to 30 years of great performance from the solar system.
Solar panels can increase the value of your home and save you money over time. This helps you feel good about using renewable energy in your household. Ready to make the switch? Call us today at (520) 333-2665 to schedule an in-home estimate.
Calculating Your Solar Panel Cost
The national average cost for installing a whole-home solar system. The average in the United States currently stands at approximately $20,000. It’s essential to note this figure serves as a general guideline and your actual expenses can differ. This is based on a multitude of factors:
Location
The region where you reside can have a substantial impact on the overall cost. Some states offer more favorable conditions for solar energy generation. This could potentially lower your costs. Additionally, local regulations and permitting fees can also influence the final price tag.
Size of the System
The size of the solar system you require are directly related to your energy consumption. A larger home with higher energy needs will need a more extensive, and more expensive system.
Quality of Solar Panels
The market offers a range of solar panels varying in efficiency and lifespan. Higher-quality panels may cost more upfront but can offer better value. In the long run you will see increased energy production and durability.
Installation Complexity
The complexity of the installation process can also affect the cost. Factors such as the slope of your roof, the need for additional electrical work. The requirement for any structural modifications can add to the overall expense.
Incentives and Rebates
Various federal, state, and local incentives can reduce the net cost of your solar system. It’s crucial to research and apply for these programs to maximize your savings.
Financing Options
The way you choose to finance your solar system will also effect cost. Whether its through a loan, lease, or outright purchase. This can also influence your overall system costs. Each option comes with its own set of pros and cons. They can also affect both your short-term and long-term expenditures.
For a clearer picture of your solar panel cost projections. Use the NREL’s solar calculator tool and then call us for a detailed estimate. We can also point you to different financing options for your solar purchase.
#1 Rated Residential Solar Panels in Tucson
Residential Solar Panel System
Living in Tucson, adding residential solar panels to your home is a no-brainer. After all, there are few places in the U.S. with as many days of sunshine as Southern Arizona. Still, you may have some questions about residential solar panels in Tucson. Including solar installation costs, and their potential benefits for your home. Intelligent Design Air Conditioning, Plumbing, Solar, & Electric can help you understand what solar panels can do for your home.
Is It Worth Investing in Residential Solar Panels in Tucson?
The U.S. Energy Information Administration, indicates that Arizona pays higher electricity bills. This is in comparison to their peers in the country. Electric rates are expected to rise in the coming years. Installing a residential solar panels in your home will safeguard you for years to come. It is estimated that an average home in Tucson with solar panels can save $13,000 during the lifetime of the panels. Why should you spend on electricity bills, when you can save with solar installation? Intelligent Design Air Conditioning, Plumbing, Solar, & Electric can help the residents of Tucson by installing solar panel systems. In turn this will help them save on their energy costs.
What can I expect when I contact a solar company about residential solar panels?
The first step for installing residential solar panels is getting a free solar quote. If you decide to install your solar panel system with us. We’ll set an installation date and walk you through the project details. After the planning stages, the installation is usually only a 1-3 day project. This depends on how many panels you’re installing.
Intelligent Design Air Conditioning, Plumbing, Solar, & Electric is a leading solar company in Tucson, AZ. We’re here to help with answers to any questions you may have. We can also help you plan to scale up your conversion to solar, starting with solar AC. Then we can worry about installing solar panels later.
What portion of my home energy needs will be met with a solar system?
One of the great things about residential solar panels is that they are flexible. For example, they can power your whole home or just a specific system, such as the water heater. If you want to power the average house entirely with solar, you will likely need about 16 total panels, give or take. However, your system should still be connected to the municipal power grid.
Because there are still cloudy days in Tucson, solar panels can’t work at 100% capacity around the clock. They may not always be able to meet current energy demands. Still, your use of local electricity services will likely be offset. This is done with the surplus production days when sunshine is plentiful.
What Are the Solar Incentives in Tucson?
1. Federal Solar Tax Credit
The best solar incentive comes from the federal government’s solar program. Under the federal solar tax credit. You can deduct up to 26% of the total cost of installing residential solar panels. One can claim the tax credit over many years if the amount owed in taxes is less than the amount of tax credit.
The 26% federal solar tax credit is set to step down to just 22% by the end of 2022. This is the best time to go solar and invest in solar power systems and maximize your solar savings.
2. Arizona Solar Energy Credit
Residents of Arizona can also get the solar energy credit from the state of Arizona. Residents can enjoy 25% off the cost of the solar system, up to $1,000. This is under the Residential Arizona Solar Tax Credit system.
3. Tucson Solar Tax Exemptions
In Arizona, the Solar Equipment Sales Tax Exemption. Will protect you from paying any Arizona solar tax. There is no sales tax required to be paid on the purchase of a solar system in Tucson, AZ!
Ready to start taking advantage of all the benefits of solar power? Call Intelligent Design Air Conditioning, Plumbing, Solar, & Electric today to schedule your free solar estimate.
Do residential solar panels have to go on the roof?
Often, homeowners think of residential solar panels as a rooftop addition. However, some homeowners prefer to keep panels out of plain view from the curb. Additionally, some roof structures may not be adequate to house the panels. Fortunately, solar panels can be installed on the ground. While the roof does provide an advantage by limiting shade. Most Tucson backyards offer ample space for solar panel installation.
#1 Rated Solar Installation and Upgrades in Tucson
Solar Installation and Upgrades in Tucson and Surrounding Area’s
If you’re looking for new ways to rein in your energy expenses and save money at home, look to the sky. The sun provides us with a free source of renewable energy. The best part is its without any environmental hazards. By harnessing the power of sunlight, you can help to keep your utility bills low. Then your carbon footprint will remain small. That’s why so many Tucson homeowners are looking to purchase solar for their homes. This is where our electricians come in!
In today’s world, an increasing number of homeowners are making the decision to go solar. Fortunately, installing a new solar system in your home is much easier than you might think! At Intelligent Design Air Conditioning, Plumbing, Solar, & Electric, our electricians have extensive experience. They are experienced in installing, repairing, and servicing modern solar systems. If you’re thinking of installing solar equipment at home. Then your journey begins by giving us a call with your questions.
The Benefits of a Solar Installation and Upgrades in Tucson
- Solar energy is one of the cleanest, safest forms of energy in the world. It also doesn’t produce any hazardous emissions.
- A solar installation can help to reduce your electric bill. This is done by providing you with a dependable alternative source of energy in your home.
- There are incentives available at the federal, state, and local level. They help reduce the investment of a solar installation.
- Thanks to the low price of solar panels and solar equipment. Purchasing and installing a high-quality solar installation is now more cost-effective than ever.
- Solar installations require little to no maintenance, and with state-of-the-art installation. This should continue to provide you with solid, dependable service for a long time.
- Rooftop solar panels can lower the temperature of your roof. This helps reduce the need to run your AC to keep your home at a comfortable temperature.
Our Solar Installation and Upgrades in Tucson
At Intelligent Design Air Conditioning, Plumbing, Solar, & Electric, we offer a full range of residential solar services. This is for the convenience of our Tucson customers. If you’re intrigued by the potential of having solar energy in your home. We can provide you with a full explanation of how it works. We can help you find the solar installation that is right for your needs. We’ll schedule an appointment to install it on your property at a time that works best for you.
Do you want to upgrade your current solar installation to a newer one? No problem! Our friendly team members will be happy to provide you with upgrades whenever you need them. This is to keep your solar equipment operating as efficiently as possible. Finally, we’ll help you troubleshoot any problems you have with your solar equipment. We’ll provide you with professional repairs when necessary.
About Intelligent Design Electrical
If you’re looking for a qualified electrician in Tucson to install your solar equipment. It’s time to get in touch with Intelligent Design Electrical. Our electricians have expertise to ensure that your solar installation works properly. If you have any questions once your installation is set up, we’ll be happy to answer them for you. If you’d like to get a free estimate, contact our office today!