Currently there are 4 layers of incentives for solar systems in Arizona:

1. Utility rebate
2. Federal tax credit
3. State tax credit
4. State and county sales tax exemption

1. Unisource and Mohave Electric offer a rebate that is paid after the system is installed and turned on. Currently this is $1.60 per watt for Unisource and $2.00 per watt for Mohave Electric. Angle Solar Solutions covers the rebate amount upfront, so you do not have to come up with the money out of pocket. You are only responsible for paying up to the rebate amount as the utility rebate will be accepted as the final payment to Angle Solar Solutions.

2. Federal Tax Credits Extended through 2016 - The Emergency Economic Stabilization Act of 2008 contained renewable energy legislation which was great news for solar customers. It contained a 30% commercial and residential solar investment tax credit extended through 2016. This means that, as of January 1, 2009, the purchase of a solar electric system makes you eligible for a tax credit equal to 30% of the cost of your solar system, including installation. This credit will be realized when you file your tax return for the contract year or can be carried forward to future years if succeeding tax years up to 2016.

3. The state tax credit is for $1,000.

4. The state and county sales tax exemption saves about 4% off each system.

Federal Tax Credit 30%

State Tax Credit 10% up to $25,000

State Tax Credit $.04 per kilowatt up to $10,000 per year

Unisource rebate $1.30 per watt or $.142 per kilowatt paid each quarter

MACRS Bonus Depreciation - Total out of pocket cost plus 50%
of Federal Tax Credit write off 1st year

No increase in Electric rates for solar power produced