Solar power in Buckeye, Arizona
Buckeye residents being served by APS are eligible for their net metering program besides several tax credits.
Buckeye solar customers are also eligible for the federal solar tax credit, this can be spread over many years and has no system size limits to be eligible.
Arizona also offers a 25% up to $1,000 tax credit that is subtracted from your total costs before the 30% federal level tax credit. Although small it is still excellent since most states don't even offer any tax credits.
With incentives being so generous in Buckeye many utilities and lawmakers are trying hard to put an end to them so don't wait any longer!
Net Metering Broken Down
APS under their net metering policy will provide 1 for 1 credit for each kWh of energy exported to their grid and use that to offset your bill. If you export more energy than drawn from the grid - which is usually the case in sunny Arizona - APS will pay you at their retail power rate for each kWh.
The average cost of installing residential solar panels in Buckeye,
Arizona in 2024 is
$2.67 per watt. The average system size
in the US is 6 kilowatts, which means the average price of a solar system
in Buckeye, AZ
is $13,350.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in Arizona is only 1061kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Buckeye solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our Arizona solar savings calculator can do this because it contains a database of the electric rates charged by Arizona Public Service (APS ), City of Mesa, Salt River Project, Town of Wickenburg, USBIA-San Carlos Project, Ocotillo Water Conserv. Dist., Tohono OOdham Utility Auth, Electrical Dist No8 Maricopa, Harquahala Valley Pwr District, Tohono O'Odham Utility Authority
How much can solar panels save you in Buckeye
What does the cost of a real solar system look like?
Facts about installing a 11.83kW solar system in Buckeye, AZ
This system would offset 100% of your energy usage if your typical monthly bill is $240, however your situation may vary so try our Buckeye solar calculator to get a result tailored to you.
$20,270
Net cost of system
6 Years 2 Months
Average payback time
18,461 kWh
Annual power production
4¢/kWh
Levelized cost of solar energy
28¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 11.83kW system
Life-time savings on this system over the next 25 years
$98,890
(Prices shown after repayments of capital)
104
Solar companies in Buckeye, AZ that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Buckeye
System Size |
Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
---|---|---|
3kw | $6,371 | $6,881 |
4kw | $8,288 | $8,951 |
5kw | $10,101 | $10,909 |
6kw | $11,855 | $12,803 |
7kw | $13,468 | $14,545 |
8kw | $14,978 | $16,176 |
9kw | $16,450 | $17,766 |
10kw | $17,760 | $19,181 |
Find out what system size you need for your home
Going solar in Arizona
Check out all of the ways energy providers of Arizona can help you be more energy efficient and save money.
The following programs are available:
Incentive Name | Eligibility | Type |
---|---|---|
Residential Renewable Energy Tax Credit | Federal | Personal Tax Credit |
Residential Solar and Wind Energy Systems State Tax Credit | State | Personal Tax Credit |
Solar and Wind Equipment Sales Tax Exemption | State | Sales Tax Incentive |
Energy Equipment Property Tax Exemption | State | Property Tax Incentive |
Net BIlling | State | Net Metering |
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.