After considering the money saving incentives and tax credits available the cost will drop significantly.
Arizona cost of solar panel instalation.
Arizona s average cost of a solar panel installation ranges from 11 432 to 15 468.
Federal solar tax credit.
This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt.
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.
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.
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.
The average cost of solar panels in arizona is about 16 020 with average prices ranging from 13 188 to 19 153 3 15 per watt in the us for 2020 according to multiple sources.
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.
Solar panel cost data arizona 2020 updated.