Arizona Cost Of Solar Panel Instalation
After considering the money saving incentives and tax credits available the cost will drop significantly.
Arizona cost of solar panel instalation. As of september 2020 the average cost of solar panel installation in the state of arizona is 2 88 per watt. This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. 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. 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.
Another calculation that potential solar buyers have to consider is the solar payback period. 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. As of september 2020 the average solar panel cost in arizona is 2 69 w. On a cost per watt w basis a solar panel installation in georgia ranges in price from 2 29 to 3 09.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.