Cost & Savings Breakdown
Based on $150/month electric bill in Peoria
System Size
5.5 kW
Annual Production
10,355 kWh
Gross System Cost
$14,960
Federal Tax Credit (30%)
-$4,488
State Incentive
-$1,000
Net Cost
$9,472
Monthly Savings
$122
CO₂ Offset/yr
9,526 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityArizona Public Service
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit125% of annual consumption
Electricity Rate$0.141/kWh
Peak Sun Hours6.4 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Arizona State Incentive — Arizona offers a 25% state tax credit up to $1,000.
Common Questions
How much does solar cost in Peoria?
Solar in Peoria, Arizona costs approximately $14,960 for a 5.5 kW system. After the 30% federal tax credit, your net cost is about $9,472.
What is the solar payback period in Peoria?
The estimated payback period for solar in Peoria is 6.5 years, based on a $150/month electric bill and local sun hours of 6.4 hrs/day.
Does Arizona Public Service offer net metering?
Arizona Public Service offers Full Retail net metering. Full retail rate.