Arizona solar rebates and tax credits calculator

Solar incentive

Federal ITC 30% (tax credit)

State tax credit: Yes ($1,000)

Net metering (by utility)

Calculate for your home's location

There can be solar tax credits and incentives available at the federal, state and local levels. The calculator above will show you the value of all incentives your home is eligible for.

Summary of Arizona solar incentives 2024

Arizona is one of the sunniest states in the country. Because of this fact alone, you can save a lot of money here with solar. But your solar savings can be even higher when you take advantage of the rebates and incentives the state has in place. 

Many of the incentives that used to be available to Arizonians have since expired. But, there are still enough incentive programs left that can save you thousands of dollars on a solar installation and your electricity bills. 

Read on to see what incentives you qualify for, or use our calculator above to see how much you can save with solar.

On this page, you can:

  1. Learn what solar incentives are available to Arizona homeowners

  2. See what Arizona solar incentives you qualify for based on your utility company and city

  3. Find out how much these incentives and/or Arizona solar tax credits will reduce your cost to go solar and add batteries

Federal solar investment tax credit

The federal solar investment tax credit will have the biggest impact on the cost you will face to go solar in Arizona

If you install your photovoltaic system before the end of 2032, the federal tax credit is 30% of the cost of your solar panel system. This is 30% off the entire cost of the system including equipment, labor, and permitting.

Example: If your solar energy system costs $20,000, your federal solar tax credit would be $20,000 x 30% = $6,000.

The federal tax credit falls to 26% starting in 2033.

Net energy metering in Arizona

With net metering in some states, you get full retail rate credit for the amount of electricity you send back into the grid with your solar panels.

Technically, Arizona does not require full retail net metering for solar homeowners. Instead, utilities in The Grand Canyon State offer net billing. Net billing works almost exactly like net metering, but instead of paying full price for the excess solar energy you send to the grid, the utility will pay you at a slightly lower rate called the excess generation credit rate. 

Don’t worry - net billing can still save you a pretty penny on your electricity bill. The exact rate excess solar energy is worth depends on your utility company, but generally, the excess generation credit rate is only about $0.03 cheaper than the full retail rate. These rates still allow for a decent return on your investment in solar.  

Arizona solar rebates

Arizona doesn't have as many solar incentives as it used to, mostly because utilities have started meeting their renewable portfolio standard goals. But Arizona still has a handful of statewide solar incentives available to homeowners, and a couple of utilities and electric co-ops have solar and energy storage rebates as well.

Arizona solar tax credit

Every resident in Arizona who installs solar panels gets a state tax credit of 25% of the total system cost, up to $1,000, to be used toward state income taxes. 

That’s a nice bonus to add to the 30% federal solar tax credit, which has no incentive cap and can be claimed over multiple years if necessary.

Solar property tax and sales exemptions in Arizona

Just like any home upgrade, a solar installation will increase your property value. While this is great if you’re going to sell your home, you might be worried about what it’ll do to your property taxes. Luckily, any home value increase from solar panels is exempt from your property taxes. 

Not only that, solar equipment is exempt from state sales taxes, so the price of your equipment will be a bit lower as well.

Home energy storage rebates

Solar batteries are becoming more and more popular each year. While the price of pairing solar with storage has definitely gone down, it’s still pretty expensive. Some utilities have started to roll out energy storage rebates to help homeowners reduce the cost of battery installations while also helping out the utility grid. 

Arizona Public Service (APS) customers, for example, can receive a rebate of up to $3,750 when they install qualified energy storage systems! This makes installing energy storage a better investment for homeowners.

Cost of solar panels in your part of Arizona after all applicable solar incentives

Showing data for:

Prices based on a 8.3kW system, after 30% federal tax credit

Solar prices near you

Cost range of local prices

$12,252-$14,975

Payback period

7.3-8.9 years

Net profit (savings less system cost)

$35,212-$43,037

Average size system installed in AZ in 2024

8.3kW

Solar panel cost calculator

Best 10 solar companies in Arizona

115 solar companies in Arizona provide pricing on SolarReviews. Here are the best rated companies near you.

Solar guides for your Arizona city

For more information about going solar near where you live, check out the following resources:

Find local city information

 

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