Phoenix Solar Rebates, Incentives, and Tax Credits
Federal Tax Credit for Solar
There is a 30% Investment Tax Credit for solar which has been beefed up in 2009 and doesn’t have a cap. This is a tax credit (better than a deduction) equal to 30% of your out-of-pocket expense when going solar.
Arizona Solar Energy Credit
The Arizona Solar Energy Credit provides a 25% tax credit with a $1000 cap. This credit can be claimed over the course of five years. Read more here.
Arizona Utility Rebates
Both SRP and APS both have extremely strong rebates for going solar:
APS
$3.00 per DC watt (more than half the system cost!). This is assignable to the installer and so does not come out-of-pocket.
SRP
$2.70 per DC watt capped at 5kW (about an average size system in the US, a little smaller than average in AZ). This is also assignable to the installer and so does not come out-of-pocket.
