Average Price Of Solar Panels In Arizona

Federal solar tax credit.

Average price of solar panels in arizona.

As of october 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. Solar panel cost arizona. As of oct 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.

Prices data october 2020 updated. This is higher than the average price of residential solar power systems across the united states which is currently. Another calculation that potential solar buyers have to consider is the solar payback period. Residential solar panels cost and savings in arizona in 2020 updated may 8 2020 arizona has the third most installed solar pv capacity in the country at an impressive 3 913mw behind only california and north carolina.

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.