Solar & Clean Energy Equipment Financing in Arizona: What Installers and Contractors Need to Know

Arizona receives more sunshine than almost any state in the country, and the solar industry has taken notice. The Phoenix metro is home to hundreds of solar installation companies, from solo operators doing residential retrofits to large commercial contractors handling utility-scale projects.

Phoenix Equipment Finance works with solar installation companies across the Valley, providing fast approvals on the equipment that drives their businesses.

What Solar Contractors Finance

| Equipment Category | Examples | Typical Financing Range |

|---|---|---|

| Service & Installation Vehicles | Cargo vans, pickup trucks, flatbed trucks | $35,000 – $90,000 per vehicle |

| Aerial Work Platforms | Scissor lifts, boom lifts | $25,000 – $80,000 |

| Racking & Mounting Tools | Torque tools, rail cutters, drill rigs | $10,000 – $40,000 per kit |

| Electrical Testing Equipment | Thermal cameras, IV curve tracers, meters | $15,000 – $60,000 |

| Safety Equipment | Fall protection systems, harnesses, anchors | $5,000 – $20,000 |

Section 179 and Bonus Depreciation for Solar Equipment

Solar contractors can take advantage of Section 179 to deduct the full cost of qualifying equipment in the year of purchase, up to $1,160,000. For a solar contractor purchasing $150,000 in vehicles and equipment, the Section 179 deduction at a 25 percent tax rate saves approximately $37,500 in taxes.

Getting Started

Pre-qualifying for equipment financing as a solar contractor takes about 10 minutes at PhoenixEquipmentFinance.com. There is no application fee, and the pre-qualification does not affect your credit score. Call us at 480-741-8931 if you'd prefer to speak with someone directly.