Do You Qualify for the Top Solar Rebates in AZ?
Arizona is located in one of the best areas of the United States for solar energy. It is the state with the lowest cost solar panels for businesses and homes in the country, costing just $2.34/W. It is also one of the states with the most government incentives for going solar. For example, when you buy your home or business solar panels, you won't pay the state's 5.6% sales tax. Also, the cost of your solar system does not increase your property tax assessment.
On the tax front, it is one of the few states in which those interested in installing solar panel systems for commercial buildings or homes are eligible for two tax credits. In addition to the Federal Tax Credit, solar owners are eligible for the Arizona State Tax Credit for Solar. It is essential that you know a little more about this incentive, and whether you qualify for the benefit.
What is the Arizona State Tax Credit for Solar?
The state of Arizona assumes 25% of the gross cost of your solar system up to $1,000. This money is deducted from your state taxes. You can claim it when you file your taxes. If your tax bill is less than your solar tax credit, you can carry the remainder forward for 5 consecutive years. This incentive can be combined with other benefits such as the Federal Tax Credit.
Do You Qualify for Arizona's Solar Rebate?
Get the Best Solar Rebates in AZ
If you want to install leading solar energy systems and take full advantage of Arizona's government incentives, you're in the right place. Since 2015 Volt Energy has become one of the region's leading providers, and we're ready to support you on your path to going solar. Let our knowledgeable representatives advise you so you can enjoy the incentives, and install the ideal system at your home or business at competitive prices. Reach out for questions or to get a free consultation.Solar Rebates AZ