Long-term energy savings

Solar panel installation saves a significant amount in energy bills and, after a certain time, pays for itself –

1. Electricity rate: 13 ¢/kWh in Fountain Hills
2. Average monthly bill: $188 for a household consuming 1,497 kWh
3. 25-year cost: $66,800 (not assuming the inflation and increase in electricity rate)
4. Solar system buyback period: 8.82 years
5. Average 20-year savings (accounting for solar installation costs, federal tax credit, and inflation): $51,500 (assuming a 1.4% increase in electricity prices and $0-down loan)

Environment friendly

Solar panels in Fountain Hills, AZ, reduce greenhouse gas emissions and the carbon footprint of conventional fossil fuels. As an end-user, you play an important role in addressing the impact of climate change.

Cost-effective tax incentives and rebates

Residents of Fountain Hills, 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 from the state government.
2. 30% off the cost of the solar energy system as a Residential Clean Energy Credit from the federal government.
3. No sales tax on the purchase of solar energy systems in Arizona.
4. No additional property tax on the increased home value due to solar panels.

Appreciation in the property value

Your property value in Fountain Hills can increase by up to $20 for each dollar saved, thanks to the energy efficiency and sustainability that solar panels bring. Prospective home buyers are ready to pay an additional 4.1% for residences equipped with solar panels.