Cost-effective tax incentives and rebates

Investing in solar panels can help you save money in the long run. There are tax breaks and rewards associated with solar panel installation to encourage people to start using clean energy. These benefits come from national, state, and local governments and as long as you pick an approved system. In Scottdale, Arizona, you can get a 30% rebate on your taxes based on the installation cost. The Clean Energy Credit, earlier known as the federal solar tax credit, will end on January 1, 2035. Right now, the credit is 30%, but it will go down to 26% in 2033 and then 22% in 2034.

Boost property value

Choosing a solar energy system for your residences and businesses in Scottsdale isn’t just beneficial for the environment, but it’s also a clever decision to enhance the value of your property. Studies indicate that properties equipped with solar panels in Arizona are sold for an increased value of 4.1%. This implies that having solar panels can boost your home’s selling price without leading to a rise in your property taxes.

Long-term energy savings

You can save a lot with the installation of a solar system. Solar setups usually produce more power than you consume. If you are connected to the grid, any extra energy you produce is sent back. The utility company will generally give you credit for this power, causing your meter to reverse – and your power bill to go down – this process is called “net metering.” This is proof that you can decrease and almost eliminate your electricity bill with solar power.

Environment friendly

Solar panels are a great way to help the environment. When you pick green energy, you save yourself from causing much pollution. Installation of solar panels doesn’t involve drilling or fracking since it uses solar power to generate electricity.