Solar Financing Options in Arizona
Compare the best ways to finance a solar installation in Arizona. Based on average local electricity costs of 14.1¢/kWh and a typical monthly bill of $168, here is how each financing option stacks up over 25 years.
System Cost
$16,640
After Credits
$7,488
Federal Credit (30%)
$4,992
State Credit
$4,160
Financing Calculator for Arizona
Net after credits: $7,488
| Method | Monthly Cost | Upfront Cost | 25-Year Total | 25-Year Savings | Own System |
|---|---|---|---|---|---|
Cash PurchaseBest Value | $0/mo | $7,488 | $11,238 | $62,721 | Yes |
Solar Loan | $56/mo | $0 | $14,149 | $56,061 | Yes |
Solar Lease | $134/mo | $0 | $58,036 | $14,893 | No |
Power Purchase Agreement | $69/mo | $0 | $20,705 | $52,223 | No |
Cash Purchase
Best ValueMonthly
$0
Upfront
$7,488
25-Year Total
$11,238
25-Year Savings
$62,721
Solar Loan
Monthly
$56
Upfront
$0
25-Year Total
$14,149
25-Year Savings
$56,061
Solar Lease
Monthly
$134
Upfront
$0
25-Year Total
$58,036
25-Year Savings
$14,893
Power Purchase Agreement
Monthly
$69
Upfront
$0
25-Year Total
$20,705
25-Year Savings
$52,223
Estimates based on average electricity costs in Arizona. Actual savings vary based on system size, energy usage, and local utility rates. Loan calculations assume fixed-rate financing. Consult a solar advisor for a personalized quote.
Understanding Your Financing Options in Arizona
Cash Purchase
Pay upfront after tax credits and own your system outright. This option delivers the highest long-term savings since there are no interest payments. Your net cost in Arizona is $7,488 after all credits.
Solar Loan
Finance your system with $0 down and own it from day one. Monthly loan payments are often lower than your current electricity bill. Typical loan terms in Arizona range from 10 to 25 years.
Solar Lease
Lease a system with no upfront cost and pay a fixed monthly amount that is typically 20% less than your current bill. The installer owns and maintains the system for the 25-year term.
Power Purchase Agreement (PPA)
Pay only for the energy your panels produce at a rate lower than the utility. No upfront cost and no maintenance responsibilities. A great option if you want guaranteed savings with zero commitment.
Best Value in Arizona: Cash Purchase
Based on average electricity costs, the cash purchase option offers the highest 25-year savings of $62,721 for homeowners in Arizona. Adjust the calculator above to see how different interest rates and loan terms change the comparison.
Related Solar Resources for Arizona
Get a Custom Financing Quote for Arizona
Our solar advisors can help you find the perfect financing option for your Arizona home. Compare real loan rates, lease terms, and PPA offers — all in one free consultation.
Get Your Free Quote