Is Residential Solar Installation in Phoenix a Good Investment?
Electricity prices have never been higher, and future increases are expected to be far worse. What if there was a way for you to reduce the cost of your utility bills? Solar panels could be the solution! But is residential solar installation in Phoenix a good investment?
Due to their decreased costs in the last 10 years, greater efficiency and power producing capabilities, solar panel systems have become an excellent investment for homeowners. Couple all of that with the fact that solar can greatly reduce or even eliminate your power costs, and it’s quite clear to see that residential solar panels truly are an excellent investment.
By lowering your monthly power cost, solar panels provide great financial savings, too. In Arizona, they are an investment that pay for themselves within 6-7 years on average. Residential and commercial solar installation are both eligible for a variety of tax benefits as well. For example, the Federal Investment Tax Credit (ITC) of 30% is a great write-off to get a significant deduction on your taxes!
Where can home solar panels be installed?
To benefit from the sun’s natural light and the direction of the wind, solar panel systems may be placed on roofs or at ground level. At Watt Masters, we even provide you with many options for residential solar installation in Phoenix including rooftop solar installation, ground mounted solar panel systems, solar awnings, solar carports, and even patio solar shade structures.
How solar panels help the environment
We can lessen our reliance on fossil fuels, which are bad for the environment and contribute to global warming, by investing in renewable energy sources. Solar panels provide you with a means to generate clean energy which greatly reduces your negative carbon footprint on the environment. One home solar panel system offsets the equivalent of planting 4,000 trees, or taking 2 vehicles off the road for 200,000 miles each! That’s a huge amount of carbon offset!
We can lessen our reliance on fossil fuels, which are bad for the environment and contribute to global warming, by investing in renewable energy sources. Installations of solar panels even combine well with wind turbines to capture even more clean energy while saving you hundreds a year! However, solar panel installations are typically more visually pleasing and practical since they take up less space than other renewable energy sources.
By reducing our reliance on electrical production driven by fossil fuels, investing in renewable energy sources helps to halt climate change. This is a huge benefit to business owners seeking ways to stand apart from competition as surveys show that the majority of consumers would rather choose to shop at a business that is making a positive impact on our environment.
In Phoenix, Arizona, solar panels will typically pay for themselves within 7 years
With the great amount of sunshine that we get in Phoenix, Arizona and the surrounding cities, solar panel systems will typically pay for themselves within 6-10 years while also providing you with clean energy to power your house and save you hundreds or thousands of dollars in annual electric bill savings.
Contact one of Arizona’s most trusted and experienced solar installers, Watt Masters, right now if you’re thinking about residential solar installation in Phoenix! We help take care of everything A to Z and will ensure you have an enjoyable experience and of the best residential solar installations in Phoenix!
Any household would be wise to invest in solar panels. Installing solar panels can lower your electricity costs and reduce the quantity of energy needed to be generated by fossil fuel powered electric generation, which will help to slow down global warming. Additionally, compared to other renewable energy sources like wind turbines, the cost of installing solar panels is far cheaper, making them a more cost-effective and attractive option. And the positive offset you can have on the environment is quite large!
Solar panels are cleaner and more sustainable. The objective of transitioning from utilizing conventional energy sources (coal or natural gas) to clean energy (solar panels) is not only cost reduction but also a reduction in the emissions of toxic chemicals into the air that we breathe and the water that we use every day.
Solar panel installations are also a more effective alternative energy source for the environment since they take up less area than other renewable energy sources. The amount of carbon in the atmosphere decreases as more solar energy is generated.
During the production of natural gas and coal that is used to create electricity, tons of carbon dioxide is released into the environment. The clean energy produced by solar panels is advantageous for both the environment and humans since solar panels reduce the amount of carbon dioxide from being emitted into the environment.
A greenhouse gas that leads to climate change is carbon dioxide. By using solar panels to produce electricity, you are eliminating the need for traditional electricity, therefore reducing the amount of gas and coal burned to produce electricity and minimizing the amount of climate impacting carbon dioxide from entering our atmosphere.
When compared to other electricity producing sources such as hydrogeneration, solar panel systems consume less water, which is a factor that is becoming more and more significant in locations like California where wildfires cause severe droughts. These renewable clean energy generators are also very appealing investments in terms of money saved over time due to their low maintenance costs.
Residential solar installation in Phoenix also requires less space than other renewable energy sources, and they are a sustainable approach to lessen the emissions of toxic chemicals into the water and air we breathe each day.
The fact that solar energy emits no damaging greenhouse gasses implies a cleaner planet with better weather patterns and healthier ecosystems. This is one of the nicest aspects of solar power.
Solar panels with battery backup save more!
Solar panels with solar battery backup are a doubly smart investment because the batteries will store excess energy to be used at night when natural light is not available. Rooftop solar panels can also reduce cooling costs as they shade your roof below where sun exposure is most intense.
What else makes them excellent investments? Since the 1980s, solar panel systems have become more cost-effective. Consider how much more effective the same solar cell panels are now!
Solar power is also better for our economy.
When we use renewable, clean energy sources like solar electricity, our money remains in the local economy and does not leave the country where we are currently purchasing our oil from.
How long does residential solar installation in Phoenix last?
The lifetime of the panels is estimated to be about 25 years, although, after 20–25 years, their output rates may start to decline. At this point, you should think about adding additional panels or replacing them all with modern technology.
Solar power installation is eligible for a variety of tax benefits.
In addition to the long-lasting feeling of satisfaction one gets in helping the environment, there are great tax benefits to solar power installation which can feel great to take advantage of. The Solar Investment Tax Credit (ITC) is a good place to start when researching the various tax credits available for installing solar power systems. With the recent passing of The Inflation Reduction Act, the tax credit percentage was increased to 30% and extended to 2032.
Many states provide extra refunds or other forms of financial aid in addition to tax advantages. For instance, the NJ Clean Energy Program offers up to a $2500 return to anybody who purchases a qualifying solar energy system in New Jersey, so the investment pays for itself very fast!
Solar panels are a desirable investment since there are several tax advantages available. States provide extra refunds or other financial aid for individuals that invest in eligible systems in addition to tax incentives.
Investing in sustainable energy has several advantages; see how doing so might save your monthly expenses while also ensuring a brighter future. With reduced reliance on fossil fuels, you’ll be able to enjoy better living conditions and cleaner air. The initial expenditures associated with installing panels at home will be outweighed by the long-term benefits.
We can lessen our reliance on fossil fuels, which are bad for the environment and contribute to global warming, by investing in renewable energy sources.
We must do all within our power to lessen the consequences of global warming since it is a major problem. Reducing the use of fossil fuels, one of the main sources of greenhouse gas emissions, is the first step in solving this issue.
There is never a better time to get solar panels than right now! There has never been a better time to install solar panels. You’ll not only save your monthly expenses but also benefit from better air.
We may breathe a sigh of relief knowing that we are contributing to the fight against climate change and that this investment will not only benefit present and future generations but will also generate employment. You may benefit yourself and the environment by installing solar panels.
Although the initial cost of installing solar panels can seem like an outlay that cannot be recovered soon enough, over time, decreased energy expenses help them pay for themselves within the first 7 years on average in Arizona.