That is a significant amount of savings on your income taxes.
Cost of installing solar panels in arizona.
Arizona s solar energy credit is equal to 25 of the costs of a solar system up to 1 000.
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.
Arizona s average cost of a solar panel installation ranges from 11 432 to 15 468.
Solar panel cost data 2020 updated.
A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.
That cost is before any tax credits.
As of september 2020 the average cost of solar panel installation in the state of arizona is 2 88 per watt.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
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.
This is 2 67 per watt.
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.
Solar panel cost in arizona the average cost for an installed residential solar system in arizona is currently 11 837 after claiming the 26 federal solar tax credit.
Arizona solar energy tax credit.
This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt.
On a cost per watt w basis a solar panel installation in georgia ranges in price from 2 29 to 3 09.
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.
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.
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.
There is little variance in cost between phoenix flagstaff and tucson as most of the best solar companies have offices in each city.
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 solar panel cost in arizona is 2 69 w.