Arizona is one of the top five states in the U.S. for solar.1
Arizona’s solar panel price drop over the last five years.1
U.S. battery storage price drop since 2012.2
Arizona is the sunniest state in the country.3 But aside from all that sunshine and the cost of solar panels and home batteries plummeting,1,2 the Grand Canyon State also offers excellent incentives to help make your switch to solar more affordable. As the nation’s leading residential solar and energy storage company,4 Sunrun can help you benefit from everything that home solar in Arizona has to offer.
|Federal Solar Investment Tax Credit (ITC)**||The 26% federal solar tax credit is available for purchased home solar systems installed by December 31, 2020.5|
|Arizona Residential Solar Energy Tax Credit||The 25% state solar tax credit is available for purchased home solar systems in Arizona. (Max. $1,000 personal income tax reduction.)6|
|Energy Equipment Property Tax Exemption||Property tax exemption on the added home value from the rooftop panel system.7|
|Solar Equipment Sales Tax Exemption||5.6% home solar system state sales tax exemption.8,9|
Buy and install a new home solar system in Arizona in 2020, with or without a home battery, and you could qualify for the 26% federal tax credit. The residential ITC drops to 22% in 2021 and ends in 2022.5
Average-sized 5-kilowatt (kW) system cost in Arizona: $13,450 Approximate system cost after the 26% ITC in 2020 in Arizona: $9,95310
Buy new solar panels in Arizona and get a 25% credit of its total cost against your personal income taxes owed in that year.6
The maximum credit in a taxable year can’t be more than $1,000, regardless of the number of solar energy devices installed in the same home.6
When you buy a new solar power system in Arizona, you won’t pay any sales taxes.8
The exemption is for 100% of the sales tax on eligible equipment, like residential rooftop solar panels and solar water heaters. This can save you 5.6% right off the bat.9
Installing solar is an investment for today, next year and the long term. If you’re considering buying a home solar system, act today for a big tax incentive.
*Customer’s ability to monetize rebates, incentives and tax credits depends on several factors, including, without limitation, continued state subsidization of these policies, the applicable Sunrun product type and whether a customer purchases or leases a home solar system from Sunrun.
**We recommend contacting a tax professional to most accurately determine the impact of the solar Investment Tax Credit (ITC) on your federal taxes.