It is important to look at all of the options that are available to you when you consider installing solar panel on your property. Solar panels are an excellent way to reduce your electricity bill while still producing clean energy for your home. For solar panels you can receive a federal tax credit and local rebates from APS and SRP of up to 25%.
Prices
The cost of solar panel installation in Phoenix will depend on the size and type of solar equipment. You can cut costs by shopping around, requesting a detailed price quote in writing and reading online reviews. Comparisons of bids from large national brands and smaller local companies will help you to compare prices. 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. Each type of solar panel requires different mounting hardware. The hardware protects the solar panels from harsh weather conditions. The mounting hardware also depends on the type of roof you have.
Efficiency
You have several options when it comes to purchasing solar panels for your Phoenix house. First, solar panels can lower your electricity bills. The sun's noon-time energy output is approximately 1,000 watts/squaremeter. The solar panel can convert this amount of energy into usable electricity.
This energy can be used to power lighting and air conditioning systems, as well as your home appliances. But solar panels can work less efficiently if the temperatures inside are high. Because heat alters electron speed, which in turn affects electricity flow, solar panels can work less efficiently. Solar panels lose 1.1 percent every time mercury reaches 107 degrees Fahrenheit.
Return on investment
Solar panels can increase your energy efficiency, and help reduce your carbon footprint. However, the upfront costs of installing solar panels in Phoenix may be expensive. It is a great way to make sure you get a fair price by comparing multiple quotes from different companies. Some companies will provide a lower price if you are willing to put in a larger down payment.
Solar panels cost will vary depending on the size and efficiency of the panels. First, think about how much power you will require to heat your home. A 6-kilowatt solar panel system will cost between $11,011 and $13,498 after tax credits. A solar energy system that is only used for a few hours each day can reduce the cost by as much as 30%. Also, consider the brand of your solar panels, as some branded products are more expensive than others.
Tax incentives
There are tax incentives that can save you money if your plan is to install solar panels on your house or building. 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 can get a tax credit. It's a credit that is 25% of the price of your solar thermal or panels. This credit can be used for residential or non-residential solar installations.