As the new year approaches, it’s the perfect time to make resolutions that benefit both your wallet and the environment. Arizona’s sunny climate makes it an ideal location for solar energy, allowing homeowners to start 2025 with substantial savings and a lower carbon footprint.
Take Advantage of Federal and State Tax Incentives
The Federal Solar Investment Tax Credit (ITC) currently provides a 30% tax credit on solar system installations, available through 2032. This means that if your solar installation costs $20,000, you could receive a $6,000 credit on your federal taxes. In Arizona, residents can also take advantage of the state solar tax credit, which provides an additional $1,000 credit.
These combined incentives mean significant upfront savings, making it an opportune time to install solar and start benefiting from clean energy immediately. Installing solar in early 2025 also ensures you maximize the full tax benefit for the year.
Financial and Environmental Impact
Over the lifespan of a solar panel system, the average Arizona homeowner can save between $15,000 and $30,000, depending on energy consumption and system size. In addition to savings, a typical home solar system can offset around 100,000 pounds of CO₂ over 25 years—the equivalent of planting nearly 1,200 trees. This environmental impact is particularly important as Arizona experiences more extreme heat and drought due to climate change.
A Smart Move for Rising Utility Rates
Arizona has seen an average annual increase in electricity rates of 3-5% over the past decade. By investing in solar now, you can lock in lower energy costs and avoid future rate hikes. With net metering, homeowners can earn credits for any excess energy generated, further reducing monthly utility costs.
Make 2025 your year of savings and sustainability. Contact SUNSOLAR SOLUTIONS today to discover how solar energy can help you benefit financially and make a positive environmental impact for Arizona!