Srp tep and all the rural co ops in arizona have different rates.
Solar panels arizona aps.
Aps customers still have access to the 25 state tax credit in 2018 of 1 000.
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.
It depends on the solar rate you choose rcp or epr 2.
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.
That means that while any exported solar energy would still receive the rcp designated rate the savings from self consumed solar would be at the new lower aps voumetric rate or about 0 06 kwh.
Aps customers will receive the same value for energy their solar system sends to the grid for 10 years after interconnection is complete.
Where can i find the best solar installers in arizona.
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.
Equipment and property tax exemptions.
We ll take care of the installation and any maintenance while you get the bill credit.
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.
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.
Our solar partner program gives you a 30 bill credit every month all year long for 20 years guaranteed.
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.
Aps electricity rates are higher than in other parts of arizona meaning solar panels save aps customers more than what they might save a customer of another utility.
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.
The meters can measure total kwh on and off peak kwh and kw peak usage demand.