Why Solar Is a Smart Investment
Installing solar panels is one of the best investments you can make in your home, especially in Arizona. As one of the sunniest states in the country, we have a virtually limitless supply of sunlight. It only makes sense to harness it for electricity.
Residential solar panels save you money on your electric bills, but the financial benefits don’t end there. SouthFace Solar & Electric has been installing solar panels in Arizona since 2008 – we’ve seen firsthand the significant benefits homeowners reap from their investment in solar.
Here are the top 5 reasons solar panels are worth it in Arizona.
1. Reduced Energy Costs
Electricity costs are getting out of control in Arizona, especially during the summer when your air conditioner is running around the clock. Solar panels allow you to turn sunlight into electricity for your home, significantly reducing or even eliminating your electricity costs. (If you install off-grid solar, you’ll never pay an electric bill again!) Those savings stack up and will soon outpace your initial installation costs. Once you break even, you’ll be making money on your investment.
2. Protection Against Rate Increases
Arizona has some of the highest electricity rates in the country and they’re not going down any time soon. APS recently announced a proposal for a rate increase that could leave you paying an average of 11% more for electricity than you do now.
With a solar energy system on your roof, you’ll be protected against rising electricity rates, keeping your energy costs low while your neighbors’ bills skyrocket.
3. Tax Credits
Residential solar panels qualify for a 30% federal tax credit! The solar tax credit reduces what you owe when you file your federal tax return for the year you install your solar panels by 30% of your total project costs, effectively saving you 30% on solar panels. For many homeowners, solar is worth it for the tax incentives alone.
4. Increased Home Value
Solar panels are an investment in your home that can increase its value. Many homebuyers view solar panels as a luxury, like a newly renovated kitchen, that they’re willing to pay a premium for. Here in Arizona, most homebuyers are acutely aware of the value solar panels can provide and actively seek out houses that already have them installed. Going solar now can increase your home’s value and make it easier to sell if you ever decide to move.
5. Low Maintenance Costs
Unlike many other home upgrades, solar panels require almost no maintenance, which means maintenance costs won’t cancel out your savings. They’re designed to last for decades and come with a 25-year warranty. SouthFace Solar & Electric makes it easy to keep tabs on your solar panels with solar monitoring so you will always know how well your system is performing. If an issue does come up, we will be here to help you fix it fast.
Lock-In Long-Term Savings with Solar Panels
If you’ve been wondering whether you should get solar panels for a while, now is the time to take the plunge! Electricity costs are only going to continue to rise and solar panels will be the only way to access affordable power.
At SouthFace Solar & Electric, we believe in bringing more power to you. Our solar energy systems are designed to maximize your financial benefits and return on investment. We’ve helped thousands of Arizona homeowners take control of their electric bills with solar and we can do the same for you!
