This estimated cost is based on installing an average sized 5 kw 5000 watt solar system and before deducting the 30 federal tax credit 10 state tax credit and other incentives.
Arizona cost of solar panel instalation.
Arizona s average cost of a solar panel installation ranges from 11 432 to 15 468.
After considering the money saving incentives and tax credits available the cost will drop significantly.
This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt.
As of september 2020 the average solar panel cost in arizona is 2 69 w given a solar panel system size of 5 kilowatts kw an average solar installation in arizona ranges in cost from 11 432 to 15 468 with the average gross price for solar in arizona coming in at 13 450 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net.
Federal solar tax credit.
As of sep 2020 the average cost of solar panels in arizona is 2 67 per watt making a typical 6000 watt 6 kw solar system 11 837 after claiming the 26 federal solar tax credit now available.
Another calculation that potential solar buyers have to consider is the solar payback period.
The most significant incentive to install solar panels for homes and businesses in arizona is the federal solar tax credit at the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation.
On a cost per watt w basis a solar panel installation in georgia ranges in price from 2 29 to 3 09.