Solar Panels Arizona Aps

It depends on the solar rate you choose rcp or epr 2.
Solar panels arizona aps. Equipment and property tax exemptions. The rcp rate allows customers to receive a credit for excess energy sent to the grid. The residential arizona solar tax credit reimburses you 25 percent of the cost of your solar panels up to 1 000 right off of your personal income tax in the year you install the system. Thanks to the solar equipment sales tax exemption you are free from the burden.
Aps wants to put free solar panels on 3 2c000 homes in arizona. Aps customers still have access to the 25 state tax credit in 2018 of 1 000. Srp tep and all the rural co ops in arizona have different rates. Residential arizona solar tax credit.
With a lease you have two bills one from your leasing company to cover the cost of financing the system and its maintenance and one from aps to provide electricity when your leased rooftop solar system can t power your home at night high usage times or when you need an in rush of. Where can i find the best solar installers in arizona. We ll take care of the installation and any maintenance while you get the bill credit. The proposal is part of the utility s plan to meet state renewable energy requirements.
Aps expands covid 19 customer assistance and energy savings options the challenges of 2020 that our state is facing together from covid 19 to summer heat led arizona public service aps to update a proposal earlier this year to provide customers with more smart energy choices designed to lower their electricity costs over the long term. Rcp is a net billing solar purchase energy rider it measures the excess power you don t use and gives you a monthly bill credit based on the current rcp purchase rate. Arizona doesn t have standard net metering rules so aps pays a different amount for the excess electricity produced by solar panels than the state s other electric utilities do. Any bill credit in excess of the customer s otherwise applicable monthly bill will be credited on the next monthly bill or subsequent bills if necessary.
The credit will apply towards your aps billed amount for that month and any remaining credit will roll over to the next month s bill. Our aps solar communities program is a unique opportunity for limited income and moderate income customers who may not have considered solar as an option to help advance solar in arizona. Our solar partner program gives you a 30 bill credit every month all year long for 20 years guaranteed.