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

The Cost and Benefits of Solar in Paradise Valley

When choosing a solar company, most homeowners or business owners think about the costs above all. The overall price and potential savings vary depending on some important factors such as:

• How much sunlight your roof gets: This, plus how your roof is set up, affects affect how much power your solar panels can make.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $25,000 over the first 20 years with your system, too.
• Typical energy usage: The more electricity your home uses on average and the larger your current electricity bills are, the more likely you'll benefit from going solar.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

Thanks to solar panels decreasing in cost as well as various solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Paradise Valley

If you're planning on making the switch to solar energy, several government incentives and state programs can drastically lower the cost of the project and expedite the return on your investment. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local incentives. Check out the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Paradise Valley

Lots of people want to do what they can to help save the planet, which in many cases is the main motivation to install solar panels. A question many might be thinking about is how much can they really help protect the environment by switching to solar power anyway? According to the EPA, electricity generation is the second greatest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Using solar power can help reduce that statistic in a city like Paradise Valley that is responsible for a sizable amount of carbon dioxide emissions each year. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. As you can see, trading traditional energy for solar has so many other benefits besides saving money. One of the most important ones is that you can help save the planet too.