Cost Of Installing Solar Panels In Arizona

September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt.

Cost of installing solar panels in arizona.

Since the average solar system size in the arizona is 5 kilowatts 5 000 watts the average cost of a solar panel system in az is 14 400 before any federal or local incentives according to energysage. As of september 2020 the average cost of solar panel installation in the state of arizona is 2 88 per watt. Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000. Not only do arizona residents get to take advantage of the federal tax credit but they can also receive the state s solar energy credit.

Solar panel cost data 2020 updated. Arizona s average cost of a solar panel installation ranges from 11 432 to 15 468. This is 2 67 per watt. Arizona solar energy 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. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. That is a significant amount of savings on your income taxes. With installation an average residential 5kw size system costs between 3 and 5 per watt according to the cse which results in the 15 000 to 25 000 range.

As of september 2020 the average solar panel cost in arizona is 2 69 w. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. 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 price you ll pay for solar can fall by thousands of dollars. On a cost per watt w basis a solar panel installation in georgia ranges in price from 2 29 to 3 09. There is little variance in cost between phoenix flagstaff and tucson as most of the best solar companies have offices in each city. That cost is before any tax credits.

The cost of an installed residential solar system in arizona is about 2 79 per watt before incentives.