Arizona Solar System Tax Credits, Incentives, and Financing Options
Arizona is one of the most progressive states regarding financial incentives and financing options for your home solar system. Along with the 300+ days of sunlight, the return on investment is a great reason to go solar in The Grand Canyon State of AZ. Here are a few solar incentives and tax credits solar you may qualify for:
- Federal Solar Investment Tax Credit: The Federal Investment Tax Credit (ITC), also known as The Clean Energy Tax Credit, can give you up to a 30% federal tax credit on the cost of your solar system
- Solar System Property Tax Exemption: In Arizona, your Property Tax may also be exempt from the increase in the value of your home with your new solar system
- Home Solar System State Sales Tax Exemption: You may be eligible for up to 100% Sales Tax exemption on your solar investment
- Net Energy Metering: Net Metering, sometimes referred to as a Net Billing program, is a process that rewards you for the excess electricity your system produces
- PACE Loans: Property Assessed Clean Energy Loans give you more financing options and may cover up to 100% of your solar energy investment, and solar system installation
- Arizona Solar Rights Act: Protects your rights as a homeowner when you invest in a solar system with a Meraki