With more than 100 significant solar energy businesses already established in Arizona, building a robust industry that ranges from rooftop panel makers to major power generators, the state has become a preeminent location for the renewable energy industry.
Along with a climate featuring more than 300 days of sunshine annually, an aggressive new pro-business package has made Arizona especially advantageous. Highlights of the Renewable Energy Tax Incentive Program, which authorizes allocations of up to $70 million per year through 2019, include:
- Ip to a 10% refundable income tax credit
- Up to a 75% reduction on real and personal property taxes
#1 in U.S. Solar Employment
In 2012 the Solar Energy Industries Association (SEIA) ranked Arizona #1 nationwide in solar employment per capita, with an estimated 316 solar companies and 9,800 jobs. In fact, Arizona accounts for approximately 8.2% of the nation’s total employment in the solar industry and consistently ranks as a top state for photovoltaic energy generation.
SEIA also reports that Arizona has the most installed solar electrical watts per capita and the second-highest solar energy capacity in the United States, with enough solar energy installed in the state to power 158,800 homes.
Renewable Energy Success Stories
Leading renewable energy companies doing business in Arizona include:
Abengoa Solar built the nation’s first large scale solar plant which can store the energy it generates for later use, employing 85 people in Gila Bend
First Solar, headquartered in Tempe with 280 employees. Its Agua Caliente Project in Yuma powers 100,000 homes
GSS Solar Steel with 80 employees at its Surprise facility, which produces parts for solar power plants
Kyocera Solar, a vertically-integrated producer and supplier of solar energy panels with 80 employees at its Scottsdale headquarters
Rioglass Solar, a Spanish company with 80 employees at its U.S. headquarters in Surprise, manufacturing tempered-glass reflectors
Schletter Inc., located in Tucson with 80 employees manufacturing ground-mounted systems
Stealth Solar, currently the state's third-largest residential solar installer, with 48 employees headquartered in Phoenix
Sun Valley Solar Solutions, based in Chandler, installed the 6th-most photovoltaic capacity in 2012 for residential and commercial customers across Arizona with 70 employees
UNS Energy Corp, with 300 employees at its Tucson headquarters, providing energy to more than 630,000 customers statewide