How Much do Solar Panels Cost in Yuma?<\/h2>\n\n\n\n

Currently solar panels in Yuma are going to fall below the national average, going for something between $2.35 and $2.55 per watt. The majority of commercial solar panels come in 250 watt sizes, so an array of solar panels big enough to run a house is going to be between $11,750 and $17,850, which comes in several thousand dollars cheaper than in many other parts of the U.S. Couple that with the fact that the state of Arizona desperately wants you to go solar, as we\u2019ll see from the rebates and incentives they offer, and you\u2019ll see that this is basically a can\u2019t-miss proposition. <\/p>\n\n\n\n

What are the benefits of going solar? <\/h2>\n\n\n\n

So the state of Arizona has some of the best incentives for going solar of any state I\u2019ve seen. The state itself very much wants to encourage people to invest in solar power and it shows. Here are just some of the bigger incentives available to those buying solar panels: <\/p>\n\n\n\n

• State Net Metering Laws- Arizona\u2019s net metering laws are some of the best in the United States. This is a huge plus for anybody considering going solar, because net metering is what allows you to measure the energy output of your system and \u201csell\u201d your unused energy back into the grid. This is what will ultimately help your solar panels \u201cpay\u201d for themselves. <\/li><\/ul>\n\n\n\n
  • Arizona State Tax Credit- All U.S. citizens are eligible to claim 25% of their entire solar installation as a state tax credit<\/li><\/ul>\n\n\n\n
    • Arizona sales tax exemption- Arizona state sales taxes do not apply to any solar installation or purchase! On a purchase of thousands of dollars, this can save you a ton of money. <\/li><\/ul>\n\n\n\n
      • State Portfolio standards- The state of Arizona is attempting to get to 15% of their total energy production coming from green energy sources. The solar carve out for this is 2.5% so utility companies have a big incentive to encourage customers go to solar. <\/li><\/ul>\n\n\n\n
        • Arizona electric rates- Arizona’s electricity rates are in the top half of the nation, meaning every penny you can save is a big bonus for solar energy customers. <\/li><\/ul>\n\n\n\n
          • Arizona property tax exemption- Your property taxes cannot go up due to the addition of solar panels, as per state law. <\/li><\/ul>\n\n\n\n
            • Federal Tax Credit- In addition to your state tax credit, Arizona residents can also claim up to 26% of the cost of their solar installation as a deduction to your federal tax liability. <\/li><\/ul>\n\n\n\n

              What will solar panels do for my home’s value?<\/em><\/strong><\/h2>\n\n\n\n

              Solar panels are only worth what a buyer thinks they are worth. That\u2019s the long and short of it. There are a lot of websites that will tell you that they can increase your home value by this percentage or this amount, but the truth is that if a buyer is excited to buy a house with solar panels, they\u2019ll pay for them. If they\u2019re not, they won\u2019t. All that being said, it is reasonable to expect no less than a  $10-20,000 increase in home value based on the installation of a solar power system.<\/p>\n\n\n\n

              What is net metering?<\/em><\/strong><\/h2>\n\n\n\n

              Net metering is the way your utility company measures the output of your power system and calculates how much energy goes unused and you are feeding back into the grid. Good net metering makes it easier to tell how much money or how many credits your utility company owes you based on the energy you are \u201cselling\u201d to them, and the state of Arizona has good net metering laws. <\/p>\n\n\n\n

              How many solar panels do I need?<\/em><\/strong><\/h2>\n\n\n\n

              This depends on a number of factors, not the least of which is whether or not you\u2019re trying to be completely energy self-sufficient. If you are, you\u2019re going to need between 6 and 8 kilowatts of solar panels (or 20-28 panels). Just exactly how many you need will depend on things like how big your home is, how much energy you use in an average month, how many people live in your home, etc. Every home is different and the amount of power you use fluctuates over the course of the year. Whatever company you choose to go with for solar installation should be able to help you decide how many panels you need. <\/p>\n\n\n\n

              How long will solar panels take to pay for themselves in Yuma?<\/em><\/strong><\/h2>\n\n\n\n

              The \u201cpayback\u201d period for solar panels is the length of time it takes for them to pay for themselves, usually calculated heavily based on the price of electricity and savings on electric bills. Current estimates put the payback period for solar panels in Yuma at between 10 and 12 years, which is about average for the United States. The great thing about this is that you can expect your solar panels to keep working for around 25 years<\/em>. This means that as soon as you cross that threshold, your solar panels are actually earning you money, in the sense that you are now getting free electricity for the remainder of their lifetime. <\/p>\n\n\n\n

              Grants & Loans<\/em><\/strong><\/h2>\n\n\n\n

              There are a number of grants and loans available to Arizona residents looking to install solar panels. Here are just a few of them: <\/p>\n\n\n\n

              Arizona Geo Smart financing program: http:\/\/www.energy-grants.net\/az-aps-geosmart-financing-program\/<\/p>\n\n\n\n

              Renewable Energy Business Tax Incentives: <\/p>\n\n\n\n

              AZ – Renewable Energy Business Tax Incentives<\/a><\/blockquote>