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In November 2013, the Arizona Corporation Commission approved a small fee for people who operated solar panels at their homes. Specifically, the fee was levied on people who were a part of the net metering process, meaning they would sell back to the utility company any extra energy that their solar panels produced.
The two operating concentrated solar power plants are the 1 MW Saguaro Solar Power Plant completed in 2005, the first commercial CSP plant of the 3rd millennium, and a 5 MW solar trough system at the University of Arizona Solar Tech Park project which was completed in 2011. [8] The 280 MW Solano Generating Station is under construction.
In 2019, the national average cost in the United States, after tax credits, for a 6 kW residential system was $2.99/W, with a typical range of $2.58 to $3.38. [17] Due to economies of scale, industrial-sized ground-mounted solar systems produce power at half the cost (2 c/kWh) of small roof-mounted systems (4 c/kWh). [18]
For customers with rooftop solar panels who have a system to store excess energy, TEP proposed new rates with the Arizona Corporation Commission in 2018. The commissioners could incorporate an order made by an administrative law judge in April 2018 which recommended a special rate for solar customers who have home battery storage systems. [7]
The PV system in 1992 cost approximately 16,000 American dollars per kW and it dropped to approximately 6,000 American dollars per kW in 2008. [84] In 2021 in the US, residential solar cost from 2 to 4 dollars/watt (but solar shingles cost much more) [85] and utility solar costs were around $1/watt. [86]
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The federal Residential Energy Efficient Property Credit (income tax credit on IRS Form 5695) for residential PV and solar thermal was extended in December 2015 to remain at 30% of system cost (parts and installation) for systems put into service by the end of 2019, then 26% until the end of 2020, and 22% until the end of 2021. It applies to a ...
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