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" <p>The cost of buying a solar panel and installing it will vary from state to state. Initially, the prices were incredibly high, which made it impossible for people to acquire. However, the rise in production and demand substantially decreased solar panel prices in the last few years.</p>\n\n<p>After installing them, you will get tax credit and incentives from the federal government.</p>\n\n<p>To put it into perspective, consider Arizona is where you require a solar panel installation. Then, a 6kW solar panel will have a starting price of $13,680, translating to an average cost of $2.67 per watt.</p>\n\n<p>On this, you will get a 22% tax credit as of 2021, which amounts to a $3,010 value. In addition, Arizona produces 12.12 cents per kW hour which makes solar panel installation effective.</p>\n\n<p>Due to this value, you will take advantage of the clean energy program to reduce upfront expenditure.</p>\n\n<p>Even so, the Center of Sustainable Energy suggests an average installation cost. They believe that the solar panel cost is $15,000 to $25,000, depending on your location and usages.</p>\n\n<p>Based on their findings, you can estimate that the average residential 5kW solar panels will have a $3 to $5 per wattage cost. However, this amount is before the calculation of tax credit and incentives from the government.</p>\n\n <p>Depending on the utility and your state, you might even get access to incentives for changing to solar energy.</p>\n\n<p>The final PV system you want to install will have different prices depending on the factors like:</p>\n\n<ul class=\"article-list\"><li>Size of the solar panels</li><li>Configuration options</li><li>Components used</li><li>Cost of installation</li><li>Local permits</li>\n</ul>"
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