13 Best Solar Companies in Verde Village, AZ (Mar 2023 Review)

The Cost and Benefits of Solar in Verde Village

For most homeowners, whether or not you should invest in a solar energy system boils down to the cost. Some important things that influence the cost and possible savings include:

• The model of solar panel system you have the money for: This hinges on how much you're willing to spend upfront.
• Your energy bills: This will dictate your savings. In Verde Village, the average resident can save about $1,400 a year on their electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. In addition, you can save about $26,000 over 20 years on your utility bills, without incentives.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on energy bills than someone with a roof that gets plenty of sunlight.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, including the angle of your roof and your local electricity rates.

Solar Incentives in Verde Village

Switching to solar power has lots of great benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in Verde Village.

Environmental Impact of Switching to Solar in Verde Village

Going solar can have a meaningful effect on the environment. But you may be wondering — how much exactly can you help the environment by going solar? In a city like Verde Village where energy use is rather high, switching to solar energy is a good plan for those who care about the planet. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. As you can see, investing in solar has so many other perks beyond saving money. One of the primary ones is that you can help save the planet too.