SunLakes of AZ Blog

Using Open Source for work and play

July 2017

SOLAR ELECTRIC – IS IT RIGHT FOR YOU?

by admin for Features, Home and Garden

With the abundance of sun in Arizona it’s a wonder we are just now asking this question. The fact is there has never been a better time to go Solar than right now. Arizona has some of the best incentives in the country. SRP will pay $2.70 per watt rebate ($3.00 for APS) of solar installed and the State will kick-in a $1,000 tax credit and not charge you any sales tax. Add that to a 30% federal tax credit and you end up with 65-70% of the cost of your system paid for. You still have some up front costs but the pay back is still attractive for most homeowners. For example, a $30,000 5 kilowatt system will end up costing you approximately $10,800 after all rebates and tax credits. This system will save you from $100 to $120 off your SRP electric bill depending on how efficiently you use the system.
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