17 Best Solar Companies in Paradise Valley, AZ (Feb 2023 Review)

The Cost and Benefits of Solar in Paradise Valley

When picking a solar company, most homeowners or business owners wonder about the costs the most. Some important things that determine the cost and possible savings include:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $25,000 over the first 20 years with your system, too.
• The amount of sunlight your home gets: Thanks to Paradise Valley's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• Electricity consumption: The average home in Paradise Valley uses a decent amount of, and so may save on their energy bills.

There are several wonderful benefits of solar despite the initial cost of installation. It can help the planet and your finances. Additionally, it can boost the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Paradise Valley

There are several reasons why you should switch to solar. One of them includes some government incentives that can save you money. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. For detailed information about incentives for homeowners in Paradise Valley, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Paradise Valley

Installing solar panels can have a meaningful impact on the environment. You may be trying to figure out — how much does going solar help the environment anyway? Switching to renewable energy for electricity instead of burning fossil fuels is an effective way to lower your carbon footprint if you're worried about Paradise Valley's sizable level of greenhouse gas emissions. In Paradise Valley, the average household can reduce their carbon footprint by 100 pounds a year once they go solar. If you want to do your part for the environment, you'll no doubt get that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.