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Utility And Tax Incentives
Your utility company may offer free solar panels with a solar loan, lease, or power purchase agreement (PPA) to qualifying customers to reduce costs. In these scenarios, a company will typically install roof panels for no up-front cost but will charge you for the electricity produced.
Federal Investment Tax Credit
The Solar Investment Tax Credit (ITC) gives you a non-refundable credit that covers 30% of the cost of installing a rooftop solar system. If the cost to install a solar system is $25,000, you’ll relieve a 30% federal solar tax credit of $7500 through the ITC ($25,000 x 30% = $7500).
Property Tax Exemption
Property tax discounts on solar panel systems help businesses and homeowners by not taxing the increased value these systems add to their properties. This reduces the cost of installing solar systems at home or for business. Some states allow local tax departments to provide incentives for solar energy use. At present, 36 states offer these solar energy tax discounts.
Increase Home Value
Adding solar panels to your home can lower energy costs, benefit the environment, and even increase your home’s value. Last year, solar-powered homes sold for about 4.1% more than similar homes without solar, adding around $9,274 to the price of an average home!
Arizona Incentives
Arizona offers you multiple incentive programs to encourage the use of renewable energy systems. It’s essential to research each incentive more thoroughly before installing solar systems to be aware of different eligibility requirements and expiration dates.
Solar Power Incentives
Become Energy Independent Today!
With many available local and federal solar incentives, from utility and tax savings to property value appreciation, there’s never been a better time to go solar. Discover how you and your home can benefit from solar power, and take the first step towards a cost-effective, energy independent future today.
A word from our clients
Client Testimonials
Our World Energy has been such a pleasure to work with! They promised a whole lot and overdelivered every time. The installs are faster than anyone else I’ve heard get solar and the products aren’t just aesthetic but top tier. The savings were great and the warranties are amazing.
Greg D.
I used Our World Energy for our solar system and was very happy I did. The sales person explained all the equipment in depth when at my home including the Critter Guard added on each system. I was able to make an informed decision due to his knowledge and expertise in the industry. I’m impressed!
Colton M.
Awesome experience with Our World Energy, they were very friendly and explained all the information really well any question or issues we had she was quick to respond. I’m really amazed by the crew from Our World Energy, amazing people.
Veronica C.
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