Long-term energy savings

Solar power saves a significant amount in energy bills and, after a given time, pays for itself –

1. Electricity rate: 15 ¢/kWh in Camp Verde
2. Average monthly bill: $206 for a household consuming 1,341 kWh
3. 25-year cost: $73,400 (not assuming the inflation and increase in electricity rate)
4. Solar system buyback period: 5.65 years
5. Average 20-year savings (accounting for solar installation costs, federal tax credit, and inflation): $56,600 (assuming a 1.4% increase in electricity prices and $0-down loan)

Environment friendly

Harnessing solar energy reduces reliance on fossil fuels, thereby lowering carbon emissions and contributing to cleaner air and water. By adopting solar power, residents in Camp Verde actively participate in the fight against climate change, fostering a more sustainable and eco-friendly community.

Cost-effective tax incentives and rebates

Residents of Camp Verde, Arizona, are eligible for the following tax incentives and rebates on solar power installation –

1. 25% off the cost of solar panels (up to $1,000) as personal income tax reimbursement.
2. 30% off the cost of the solar energy system as a Residential Clean Energy Credit.
3. No sales tax on the purchase of solar energy systems.
4. No additional property tax due to the increase in the value of the home due to solar panels.

Appreciation in the property cost

Your property’s value in Camp Verde, AZ, can increase by up to $20 for every dollar solar panels save on the monthly bills. Prospective home buyers are ready to pay an additional 4.1% for residences with solar panels.