Arizona Homeowner Advocates for Solar Investment Tax Credit
(Arizona News Connection) – Arizona homeowners are discovering that embracing solar energy can lead to substantial savings. The Inflation Reduction Act has locked in a 30 percent tax credit for those who install a solar system from now until 2032. However, this credit will gradually decrease by a few percentage points each year thereafter.
One Phoenix homeowner, Will Humble, who also serves as the executive director of the Arizona Public Health Association, made the transition to solar energy this year. For him and his wife, the decision to switch to solar energy was not only motivated by the promise of future cost savings but also by their commitment to combating climate change.
Humble emphasized the importance of individual action in addressing climate change, stating that it’s not just the responsibility of governments but also of individuals. Their decision to go solar not only aims to provide long-term relief on utility bills but also allows them to contribute to environmental efforts actively.
He emphasized, “If we’re ever going to do something about climate change, it’s going to not just take government’s taking action but individuals have to take action, too – number one, to get us some relief on our long-term utility bills, but also to feel like we are doing our part.” The transition to solar energy, for Humble, signifies moving beyond talk and taking tangible steps to reduce their carbon footprint.
The Inflation Reduction Act’s 30 percent tax credit provides a significant incentive for homeowners to make the switch to solar energy. This tax credit is a limited-time opportunity that allows individuals to not only benefit from savings but also make a positive impact on the environment. It’s a move that aligns with both financial and sustainability goals, illustrating the growing importance of renewable energy in Arizona and beyond.
As more homeowners follow in the footsteps of Will Humble and take advantage of the solar tax credit, they not only secure their financial future but also actively participate in the collective effort to combat climate change. These individual choices, collectively, have the potential to drive substantial change and contribute to a more sustainable and environmentally friendly future.