Solar Savings Calculator for Gilbert, AZ

Homeowners in Gilbert pay an average of $172/month for electricity through Salt River Project. With 6.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$172
Avg Monthly Bill
14¢/kWh
Electricity Rate
6.5h/day
Peak Sun Hours
$64,393
Est. 25-Year Savings

Calculate Your Savings in Gilbert

Adjust Your Details for Gilbert, AZ

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Your Estimated Solar Savings

System Size
6.4 kW
Panel Count
16 panels
Total System Cost
$16,640
Federal Tax Credit (30%)
-$4,992
State Tax Credit (25%)
-$4,160
Net Cost
$7,488
Annual Savings
$2,064
Payback Period
3.6 years
25-Year Savings
$64,393
Return on Investment
860%

* Estimates based on 6.5 peak sun hours/day in Gilbert, AZ, system cost of $2.6/watt, 30% federal ITC, 25% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Gilbert

Utility & Permits

Utility Company
Salt River Project
Permit Cost
$300
Permit Timeline
2-3 weeks
Net Metering
partial

System Estimates

Recommended Size
6.4 kW
Panel Count
16 panels
Gross Cost
$16,640
Net Cost (after credits)
$7,488

Available Incentives for Gilbert, AZ

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Arizona Residential Solar Tax Credit

State income tax credit for residential solar installations.

25% of cost, up to $1,000

Arizona Solar Property Tax Exemption

Solar equipment is exempt from property tax assessments.

100% property tax exemption

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