Lower Bills

Summer temperatures can reach a whopping 120 degrees Fahrenheit in Phoenix, making air conditioners a must-have. This leads to high energy costs and higher monthly electric bills. However, solar panels are a wise choice for offsetting these high energy costs from running air conditioners frequently. Depending on clean, renewable energy sources like a solar panel system can significantly reduce your electricity bills by generating your own power from the abundant Arizona sunshine.

Local Incentives 

The state of Arizona offers excellent tax rebates for solar energy. You can get 100% sales and property tax exemptions on solar panels. Combine this with the 30% federal tax credit, and you get significant savings on solar equipment and installation, especially if you choose Icon Power – a leading solar company in Phoenix that provides the best solar panel systems and installations.

Federal Solar Tax Credit

Homeowners can take advantage of the 30% Investment Tax Credit (ITC) on the total system cost with no cap. This credit can be taken all at once or over 5 years and was recently extended through 2033 for all residential installations.

Our team guides you through maximizing these incentives by meeting program requirements like completing installation before year-end for the Arizona credit. Consulting a tax professional is recommended to accurately determine the credits’ tax impact.

State Rebates 

The Residential Arizona Solar Tax Credit reimburses you 25% of the cost of your solar panels (up to $1,000) of that year’s personal income tax statement.

Environmentally Friendly Energy

Solar power is a carbon-neutral energy source with minimal impact on greenhouse gas emissions, making it a smart choice for those looking to go solar and minimize environmental impact. With more than 5,483 MW, Arizona ranks fifth in solar power generation.

No Upfront cost

At Icon Power, we believe in making the switch to clean, renewable energy as seamless and accessible as possible. That’s why we offer lending options that require no upfront investment from you. With our flexible financing options allow you to go solar and install a rooftop solar panel system without any upfront costs.

Imagine the freedom of generating your own electricity without having to worry about a hefty upfront payment. Our financing options empower you to make an environmentally conscious choice without breaking the bank. Whether you’re a homeowner or a business owner, we have tailored solutions to fit your needs and budget.

By choosing Icon Power as your solar installer, you’re investing in a sustainable energy solution for your home and future generations to come. With no upfront costs, it’s all about saving from day one. Say goodbye to sky-high electricity bills and hello to long-term savings and environmental responsibility.

Maximize Your Savings with Net Billing

Unlock even greater benefits with net billing from Icon Power. With net billing, you can harness the full potential of your solar power system by selling excess electricity back to the grid at a predetermined rate. Here’s how it works:

Generate Excess Electricity: Your solar panels may produce more electricity than you consume, especially during sunny days or times when your energy usage is low. Going solar can maximize these benefits.

Sell Excess Electricity: Instead of letting this excess energy go to waste, net billing allows you to sell it back to the grid. Icon Power will help you navigate the process of selling your surplus electricity.

Earn Credits: For every unit of excess electricity you sell back to the grid, you’ll earn credits on your utility bill. These credits can offset the cost of electricity you use from the grid during times when your solar panels aren’t producing enough energy to meet your needs.

Maximize Savings: By participating in net billing with your solar installation, you can maximize your savings and potentially even earn additional income from your solar system. It’s a win-win situation that benefits both your wallet and the environment.

Boost property value

Solar panels in a hot city like Phoenix are a valuable asset and can increase property value significantly.  A study by the National Bureau of Economic Research found that homes with solar panels sell for an average of $15,000 more than homes without solar panels. Homes with solar panels also attract buyers who may be ready to pay a premium price. Solar panels help with long-term energy savings and lay the ground for reselling your property at a higher price.

Long-term savings

Solar panels require little to no maintenance and have a very long lifespan. Once installed, you will see the benefit of cost-savings. These benefits will only grow as you continue to use solar panels for energy. As crazy as it sounds, eventually, after your solar investment is paid off, you’ll enjoy free electricity from this renewable energy source.