If you're thinking about solar in Eloy, you've probably heard that APS changed the rules. It's true—the old 'net metering' system is gone, replaced by something less favorable called Net Billing. This has left many wondering if solar is still a good investment. The answer for 2026 is a definite 'yes', but only if you use the right strategy: pairing solar panels with a home battery.
Benchmark Cost Analysis
2026 System Costs for Eloy Homeowners
Investing in energy independence with a solar and battery combo is more affordable than you think thanks to state and federal incentives. For an average home in Eloy looking to offset a ~$140 electric bill, the numbers break down like this:
- Gross Solar + Battery System Cost: ~$23,500
- 30% Federal Tax Credit: -$7,050
- $1,000 AZ State Tax Credit: -$1,000
- Net System Investment: ~$15,450
Without the battery, the net cost drops to around $7,050, but the poor financial return under Net Billing makes it an unwise choice for most.
Incentives & Tax Credits
Making It Affordable: Available Credits & Exemptions
Every homeowner in Eloy can leverage major financial incentives to cut down the cost of a solar installation. The federal government offers the 30% Solar Investment Tax Credit, a direct reduction of your tax bill. Arizona adds its own $1,000 tax credit. On top of that, your system is completely exempt from sales tax and won't increase your property taxes, ensuring all the value you add to your home stays in your pocket.
Net Metering: Arizona Public Service (APS)
Net Billing (2024)
Critical 🔋
The Net Billing Challenge in Eloy
Under the current APS Net Billing program, any excess solar power you send to the grid is credited at a low 'avoided cost' rate, often around 6-8 cents per kilowatt-hour (kWh). However, when you need to buy power from APS at night or on cloudy days, you pay the full retail rate of 13-15 cents/kWh (or much more during peak hours). This forces homeowners into a losing trade. A solar-only system can't overcome this, but a solar-plus-battery system can.
Projected Savings
How a Battery Unlocks Your Savings
A home battery solves the Net Billing problem. Instead of exporting your valuable solar energy for a low credit, you store it for your own use later. This strategy of 'self-consumption' is key. By using your own stored solar power in the evening, you avoid buying expensive grid electricity. This simple shift boosts a system's annual savings from just $638 (solar-only) to over $900.
- Annual Savings (with Battery): ~$900
- Payback Period (with Battery): ~17 years
- Lifetime Value: Over 25 years, a solar and battery system in Eloy can save you over $33,000 as utility rates continue to climb.