You should consider all options when considering solar panels for your property. Solar panels are an excellent way to reduce your electricity bill while still producing clean energy for your home. You may qualify for a federal credit towards the cost of installing solar panels. There are also local rebates available from APS or SRP that can reach up to 25 percent.
Prices
The price of Phoenix solar panels will vary depending on how large your solar system is and the equipment used. It is possible to cut costs by shopping around and asking for a detailed price quote in writing. You can also read online reviews. Comparisons of bids from large national brands and smaller local companies will help you to compare prices. You can save as much as $5,000 by working with smaller solar companies.
There are three main types of solar panels: polycrystalline, monocrystalline, and hybrid. Monocrystalline solar cells have the highest efficiency, but are more expensive. Polycrystalline solar panels are better suited to hot climates and are generally cheaper. Each type of solar panels has its own mounting hardware. The hardware protects the solar panels from harsh weather conditions. The type of roof you have will also affect the mounting hardware.
Efficiency
You should consider these benefits when you're looking at solar panels to power your Phoenix home. Solar panels can help reduce your electricity costs. The sun can produce energy at around 1,000 watts/square meter during the noon hours. This amount can be converted by the solar panel into usable electricity.
This energy can be used for lighting, air conditioning, and other home appliances. However, solar panels will not perform as well if there is high heat. Because heat alters electron speed, which in turn affects electricity flow, solar panels can work less efficiently. The efficiency of solar panel reduces by 1.1 percentage for every degree that mercury rises to 107 degrees Fahrenheit.
Return on investment
Solar panels can improve your energy efficiency and reduce carbon emissions. Installing solar panels in Phoenix is expensive. Comparing multiple quotes from various solar companies is the best way to be sure that you're getting a fair price. If you are willing to make a larger downpayment, some companies may offer lower prices.
The cost of solar panel depends on several factors, such as their size, efficiency, and branding. First, think about how much power you will require to heat your home. A 6-kilowatt solar panel system will cost between $11,011 and $13,498 after tax credits. The cost of the solar power system can be reduced by up to 30% if it is used only for a few minutes each day. You should also consider the brand name of your solar panels. Some products are more costly than others.
Tax incentives
Consider the tax incentives you can get if you want to put solar panels on your building or home. Congress has extended Federal Investment Tax Credit. The credit can be used to lower your energy cost. This allows you to have more time for installation preparations and the opportunity to take advantage of a higher credit rate.
The tax credit, which you can claim if you live in Arizona, is a one-time credit worth 25% of the cost of your solar panels or solar thermal systems. This credit is available for both residential installations and non-residential ones.