Tax incentives and rebates

Wickenburg residents can enjoy many federal and state tax incentives and rebates, including a 30% federal tax credit, a 25% state tax credit (up to $1000), and a 5.6% state sales tax exemption when buying solar equipment.

Boost property value

Homes with solar panel installations fetch up to 4.1% more than market value. And with energy equipment property tax exemption, solar panels can help boost your property value in Wickenburg.

Long-term energy savings

Solar panels can result in substantial savings, eventually covering their own costs. Let’s consider the following figures to understand the long-term financial benefits of solar panel systems:

1. Average monthly electricity consumption: 1,613 kW
2. Average electric rate: 15 ¢/kWh
3. Average monthly bill: $246
4. Solar system buyback period: 6.83 years
5. Average 20-year savings (accounting for solar installation costs, federal tax credit, and inflation): $44,475 (assuming a 2.1% increase in annual rates and $0-down loan).

Environment friendly

Solar is one of the most easily accessible and reliable energy sources that can help you reduce your carbon footprint and contribute to Arizona’s goal of achieving net-zero emissions by 2050.