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Arizona solar electric systems have grown in popularity over the years and the trend is most likely to continue. Leasing offers many advantages, primarily when it comes to cost savings. But, how do you apply the many financial incentives offered by government agencies and utilities when you lease a solar electric system? Visit us at http://www.americanpv.com/arizona-solar-electric-systems-guide.php for more information about Arizona Solar.
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Arizona Solar How Leasing Handles Incentives © 2012 American Solar Electric. All rights reserved.
Arizona Solar • Leasing offers many advantages when it comes to cost savings. • How are Financial Incentives applied to leased solar electric systems. • Leasing company will handle all incentives on your behalf • Savings are passed on to customers in the form of lower upfront cost. © 2012 American Solar Electric. All rights reserved.
Arizona Solar • Leasing Incentive Benefits: • Federal Tax Credit – to avail 30% tax credit for the cost • Need to owe enough money in personal income taxes to use all of credit • Need to pay full system price upfront and wait until tax time to get money back in the form of lower taxes • When leasing with Arizona Solar you don’t have to wait for federal tax credit. Leasing company will immediately pass on savings by lowering upfront cost. © 2012 American Solar Electric. All rights reserved.
Arizona Solar • Leasing Incentive Benefits: • State Tax Credit - $1,000 credit cost • Credit is applied to Arizona Solar Lease in the same manner • Utility Rebate – as time passes rebate amounts are reduced. Major Arizona utilities like: APS, SRP and TEP all offer solar rebates. • Contact Arizona solar contractor or visit DSIRE website, to determine current rebate amounts © 2012 American Solar Electric. All rights reserved.
Arizona Solar How to Select the Right Arizona Solar Contractor and Leasing Company • Financial Stability – good track record, large financial backing and years of business • Check and Balances – accountability measures to promote good partnership • Experience – amount of customers, market recognition, solid customer references © 2012 American Solar Electric. All rights reserved.
Arizona Solar How to Select the Right Arizona Solar Contractor and Leasing Company • System Performance – quality equipment and materials used, professional installation done in reasonable time, access to tech support and installation and equipment warranty given. © 2012 American Solar Electric. All rights reserved.
Arizona Solar About the Author Joy Seitz is Vice President of Business & Policy Development at American Solar, one of Arizona's leading solar companies who designs and installs solar electric systems and solar hot water systems. Visit us at http://www.americanpv.com/arizona-solar-electric-systems-guide.php for more information about Arizona Solar. © 2012 American Solar Electric. All rights reserved.