You should consider all options when considering solar panels for your property. Solar panels are a great way to offset your electricity costs while still providing clean energy for your home. Solar panels can be installed with a federal tax credit, and you may also qualify for local rebates from the SRP or APS up to 25%.
Prices
Cost of solar panels Phoenix depends on how big your system is and what solar equipment you use. There are many ways to save money. Large national brands often quote inflated prices, so compare bids from national brands with those from smaller local companies. Working with a smaller company can save you up to $5,000
There are three main types: monocrystalline, hybrid, and polycrystalline solar panels. Monocrystalline solar cell are the most efficient but also cost more. 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 and design of your roof will affect what mounting hardware you choose.
Efficiency
You have several options when it comes to purchasing solar panels for your Phoenix house. First, solar panels can cut down on your electricity bills. The sun generates energy at approximately 1,000 watts per square foot during noon. The solar panel converts this amount of energy to usable electricity.
This energy can be used for lighting, air conditioning, and other home appliances. However, solar panels will not perform as well if there is high heat. Heat alters the speed of electrons which can affect the flow of electricity. The efficiency of solar panel reduces by 1.1 percentage for every degree that mercury rises to 107 degrees Fahrenheit.
Return on investment
Solar panels can be a great way to increase your energy efficiency and reduce your carbon footprint. Although the initial costs for installing solar panels Phoenix are high, they can also be very expensive. You can compare quotes from multiple solar companies to ensure that you are getting the best price. You may get a lower price from some companies if you pay more down.
The price of solar panels will depend upon a number of factors such as size, efficiency, brand, and brand. Consider how much electricity you require for 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 a 6-kilowatt solar panel system can be cut by almost 30% if you only plan to use it for a few hours per day. You should also consider the brand name of your solar panels. Some products are more costly than others.
Tax incentives
You should know about the tax incentives available to you if you are considering installing solar panels in your home or business. Congress has extended the Federal Investment Tax Credit. This credit can help lower your energy costs. This means that you have more time to get ready for your installation and take advantage of the higher credit rate.
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.