Cost of Solar FAQ
The reason why so many people in the Phoenix area have already gone solar is because they save money on their electricity. Every customer of Phoenix Solar Panel Systems has the capability of saving AT LEAST 20% on their monthly energy costs by going solar. Some customers have saved up to 85% per month!
Most solar customers take out a special solar loan to finance their solar system. These loans have incredibly low interest rates, are partially subsidized by the government, and are spread out over long terms to make the monthly payments low and affordable. The total amount of the solar loan may be perceived by some as “a lot of money”. However, the loan amount pales in comparison to how much money the homeowner will pay if they don’t go solar and stay with APS or SRP as their sole source of electricity. Customers that go solar have the capability of saving between $50,000 to $200,000 over a 20-year period when compared with buying electricity from the utility company alone without a solar system.