15 Best Solar Companies in Payson, AZ (Oct 2022 Review)

The Cost and Benefits of Solar in Payson

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. Some important things that impact the cost and possible savings include:

• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on power bills than a house with a roof that gets plenty of sunlight.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Incentives: Those who install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $25,000 on your utility bills over 20 years excluding incentives.
• Your energy consumption: If your home regularly uses a lot of energy, you'll reap more rewards from going solar.

So is a solar panel system worth it? Whether you hope to lower your energy bills, carbon emissions or both, solar panels are a solid investment for many Payson homeowners.

Solar Incentives in Payson

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a lot of money over time because of smaller power bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other local rebates and benefits. Our article on solar incentives has more information on the incentives you can take advantage of in Payson.

Environmental Impact of Switching to Solar in Payson

A lot of people want to do what they can to help protect the planet, which in many cases is the primary motivation to install solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Payson, though. How much energy you use is a key factor to keep in mind. The more electricity you use, the bigger your impact when you switch to solar energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.