How Much Does Solar Panels Cost In Arizona

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.

How much does solar panels cost in arizona.

Solar power systems are very custom based on the home roof type shading and utility. Average solar panel cost. 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. As of 2018 the average cost for solar panels in the state of arizona is 2 67 per watt.

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. This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt. 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. Since the average system size in the u s.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. The cost of an installed residential solar system in arizona is about 2 79 per watt before incentives. National data september 2020. 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.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt. Is 6 kilowatts 6 000 watts the average cost of a solar panel system in az is 16 020 before any federal or local incentives. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 64 per watt.

There is little variance in cost between phoenix flagstaff and tucson as most of the best solar companies have offices in each city. Federal solar tax credit. 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.