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