17 Best Solar Companies in Paradise Valley, AZ (Oct 2022 Review)

The Cost and Benefits of Solar in Paradise Valley

The cost of installing solar panels has dropped significantly over the past several years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your income and budget: This guides what type of solar panels you can get.
• Average daily sunlight: Since Paradise Valley gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which impacts how much your electricity bills will be.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can generate an average of $25,000 of savings over 20 years.
• Your energy consumption: If your household needs to use a lot of energy, you'll see more savings from going solar.

There are lots of wonderful benefits of solar even with the initial cost of installation. It can help the planet and your wallet. In addition, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Paradise Valley

Because solar power is better for the environment than fossil fuels, there are quite a few government incentives available to encourage people to make the switch. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other state and city incentives. For detailed information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Paradise Valley

Lots of people want to do what they can to help the planet, which often is the primary reason they're interested in installing solar panels. But how much can switching to solar actually affect the environment? For homeowners who care about the environment, going solar is an easy choice, especially since Paradise Valley produces a high amount of carbon dioxide emissions from its energy generation. Although making solar panels releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Paradise Valley, you can reduce your carbon footprint by 100 pounds a year with solar panels. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.