Own YOur Own Solar

Are you tired of always having to pay those hefty energy bills every month? Are you looking for a practical way to cut down your monthly electrical expenses without sacrificing the energy needs of your home or business? If so, adding a solar panel system to your home or business might be the solution you’ve been looking for.

There are many consumer benefits and financial incentives to installing a solar system. These benefits include tax breaks, increased home equity, and energy independence. In addition, switching to a solar energy system will reduce your carbon footprint and help sustain the environment. Here are just a few reasons to make the switch to solar.

EnergySage estimates that if you pay on average $100 per month on your electricity bill, you’ll end up paying more than $60,000 on electricity costs over the next thirty years. Now let’s compare that to the expense of a solar system.

On average, the initial cost of installing a solar system in Arizona ranges between $10,000-$15,000. However, over the course of 25 years, homeowners can expect to save an estimated $40,000-$45,000 on energy costs.

Arizona solar system incentives are among some of the best solar tax breaks in the nation. Some of these incentives include the:

• Arizona Solar Tax Credit
• Federal Solar Tax Credit
• Solar Equipment Sales Tax Exemption
• Energy Equipment Property Tax Exemption

For more information on these solar incentives, visit our resource page on Arizona Solar Incentives.

When you add solar panels to your home, they become fixtures and thus another part of your home. In real estate terms, it is called an “improvement.” An improvement on your house adds value to it. In Arizona, solar panels usually increase the home’s resale value by 2-3%, but its value for tax assessments is $0. So, it’s a pretty good deal.

Solar panels on a home increase the home’s value and usefulness for the homeowner. The amount you pay in energy bills a month is also a selling point. It also allows new prospective owners to take advantage of the tax credits which are newly available to them.

Having more than 300 days a year of sunlight and some of the best solar tax incentives in the country, Arizona is truly one of the best places to make the switch over to solar.

If you are considering owning your own solar panel system, Bright Home Energy can help you get started.