To help stimulate the economy and to encourage the nation to invest in renewable energy, both the Federal Government and the State of Arizona are providing tax credits to both businesses and homeowners. In short, these tax credits can account for an additional 30% or more off the price of going solar in Arizona. For your convenience, click on the picture of the flag and you will be able to see the national directory of tax credits:
In summary, the Arizona solar panel tax credit will allow you to write off 25% of your solar panel system’s cost, up to $1,000, just for going solar in Arizona. Also, the Federal solar panel tax credit will allow you to write off 30% of of the cost of your solar panel system. One very common mistake made by inexperienced solar installers is that they try to convince you that these tax credits come off of the total system cost. Truth be told (and we’ve checked with our accountants on this one), you must subtract any money that you receive from the utility company before applying the tax credit.
To learn more about these incentives or to have one of our trained and professional Energy Experts explain how they work to you, please schedule a free and friendly solar consultation and we will be delighted to help. Just click the button below and you’ll be just moments away from speaking to someone.
