This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt.
Average cost of solar panels in arizona.
How does the 26 federal solar tax credit work.
If you pay federal income taxes 26 of your solar systems cost can be claimed as a deduction to your federal tax liability.
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 puts the average cost of a 5kw system at 13 958 before incentives and 9 325 after claiming 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.
Solar panel cost data arizona 2020 updated.