Solar Savings Calculator for Tempe, AZ

Homeowners in Tempe pay an average of $165/month for electricity through Salt River Project. With 6.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$165
Avg Monthly Bill
14.2¢/kWh
Electricity Rate
6.5h/day
Peak Sun Hours
$61,936
Est. 25-Year Savings

Calculate Your Savings in Tempe

Adjust Your Details for Tempe, AZ

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Your Estimated Solar Savings

System Size
6 kW
Panel Count
15 panels
Total System Cost
$15,600
Federal Tax Credit (30%)
-$4,680
State Tax Credit (25%)
-$3,900
Net Cost
$7,020
Annual Savings
$1,980
Payback Period
3.5 years
25-Year Savings
$61,936
Return on Investment
882%

* Estimates based on 6.5 peak sun hours/day in Tempe, 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 Tempe

Utility & Permits

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

System Estimates

Recommended Size
6 kW
Panel Count
15 panels
Gross Cost
$15,600
Net Cost (after credits)
$7,020

Available Incentives for Tempe, 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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