There are many options for solar panels that you can choose from if you are interested in installing them on your property. Solar panels can be a great way for you to offset your electricity bills while still providing clean energy for the home. You can get a federal tax credit for installing solar panels, as well as local rebates from SRP and APS of up to 25 percent.
Cost
The cost of solar panel installation in Phoenix will depend on the size and type of solar equipment. By shopping around, asking for detailed pricing in writing, and reading reviews online you can reduce costs. Large national brands often quote inflated prices, so compare bids from national brands with those from smaller local companies. You can save as much as $5,000 by working with smaller solar companies.
There are three types main solar panels: monocrystalline (polycrystalline), polycrystalline (monocrystalline), and hybrid. Monocrystalline solar cells have the highest efficiency, but are more expensive. Polycrystalline solar panels are better suited to hot climates and are generally cheaper. Different mounting hardware is required for each type of solar panel. This hardware protects solar panels against harsh weather conditions. The type of roof you have will also affect the mounting hardware.
Efficiency
There are several benefits to solar panels for Phoenix homes. First, solar panels can lower your electricity bills. The sun can produce energy at around 1,000 watts/square meter during the noon hours. The solar panel converts this amount of energy to usable electricity.
This energy can be used to power lighting and air conditioning systems, as well as your home appliances. High temperatures can make solar panels less efficient. This happens because heat causes electrons to move at a slower speed. This affects the flow and efficiency of solar panels. Each degree the mercury rises above 107 degrees Fahrenheit, the efficiency of solar panels decreases by 1.1 percent.
Return on investment
Solar panels can help you increase your energy efficiency while also reducing your carbon footprint. Installing solar panels in Phoenix is expensive. It is a great way to make sure you get a fair price by comparing multiple quotes from different companies. If you can afford a larger down payment, some companies might offer a lower cost.
The cost of solar panels will depend on a variety of factors, including size, efficiency, and brand. First, think about how much power you will require to heat your home. After tax credits, the cost of a 6-kilowatt system with solar panels will be between $11,011 - $13,498. The cost of the solar power system can be reduced by up to 30% if it is used only for a few minutes each day. Be sure to consider the brand you choose for your solar panels.
Tax incentives
Consider the tax incentives you can get if you want to put solar panels on your building or home. Congress extended the Federal Investment Tax Credit. It can help reduce your energy costs. This gives you more time to prepare for your installation and takes advantage of the higher credit rates.
Arizona residents may be eligible for the tax credit. This credit is a one-time credit of 25% on your cost of solar panels and solar thermal systems. This credit can be used for residential or non-residential solar installations.