As interest in and adoption of solar energy grows, it’s worthwhile to examine how our state is performing on this green technology and how we can further improve. Read on to learn more about how much solar energy is produced in Arizona.
How Arizona stacks up against other states
According to the November 2020 data from the U.S. Energy Information Administration (EIA), Arizona ranked fourth in generating electricity from solar energy, accounting for 6.4 percent of the U.S. total. Meanwhile, Arizona only accounts for 2.2 percent of the total U.S. population, as the 14th most populous state, which means the Copper State is punching well above its weight class when it comes to generating electricity from solar energy.
The EIA also reported that 7.2 percent of Arizona’s total electricity came from solar energy in November 2020, coming in as the sixth ranked state. Compared to the national average of 2.9 percent, Arizona is once again among the country’s leaders in solar energy. However, this number also suggests that there’s still plenty of room for improvement, especially considering how much sunshine Arizona gets.
Arizona’s potential for solar energy
This probably comes as no surprise to anyone who lives in Arizona, but the state is the sunniest in the entire country. Phoenix, Tucson and Flagstaff are all among the top 25 sunniest U.S. cities, with Phoenix leading the pack in the top spot. With so much solar energy at our disposal, Arizonans can absolutely make better use of this abundant and accessible resource.
Financial incentives for going solar
If you’ve been thinking about going solar, there’s no better time than now to make the switch, with the government offering to chip in for the bill. The Residential Arizona Solar Tax Credit covers 25 percent of the cost of your solar panel installation, up to $1,000. The Federal Solar Investment Tax Credit can also give you back another 30 percent of your solar panel installation costs. Lastly, residential solar energy equipment is exempt from both sales and property taxes. Be sure to act soon before the tax credits are phased out, though!
You might already be familiar with utility savings as a motivation to go solar, but you might also reap the benefits of installing a solar energy system when you’re looking to sell. According to Berkeley Lab, homeowners are willing to pay about $15,000 more for a solar home. Installing a solar energy system might seem like a daunting financial commitment, but it could actually be a better investment than you might think.
Are you looking to incorporate solar energy into your home in Phoenix, AZ? Get in touch with Aneva Solar to learn more about our services and schedule a consultation with our experts. As an LG Solar preferred installer, our expert team has been thoroughly trained to install these premium products. We’re also fully supported by LG technical support, so you can have full confidence in working with us to upgrade your home. Reach out to us today to get started!