Solar power missouri

How much do solar panels cost in Missouri?

The price of solar panels in Missouri is around $2.59 per watt. With a standard system size requirement of 10.5 kW, the typical total price is $19,036 after the federal tax credit is considered. These numbers are well below the national averages, meaning solar equipment is more affordable in MO than in most of the country.

Does Missouri have a solar tax credit?

In certain cities and towns in Missouri, there is a financing program that allows homeowners to pay for energy efficiency improvements or renewable energy through their annual property tax bill. This includes solar installations and can offer terms of up to 20 years at a fixed rate. For federal solar tax credit information, see 'How Can You Apply For the Federal Solar Tax Credit?'

Does Missouri offer incentives to switch to solar power?

Missouri offers incentives and policies to make the switch to solar power more affordable. We’ll walk you through various ways to increase your energy savings in the Show-Me State, including tax credits, rebates, and performance-based incentives.

Is solar energy a good investment in Missouri?

Based on our research, solar energy is a good investment in Missouri. The state offers open skies with plenty of sunshine, quality solar rebates, and an effective net-metering program. Your system will pay for itself in an average of 9–12 years, and you can continue enjoying energy bill savings for the remainder of your system’s 25- to 30-year life span.

Do solar panels save money in Missouri?

Solar panels only produce energy — and therefore save you money — when they receive sunlight, which means the homes that are exposed to more sun will benefit more from solar panel installation. On average, Missouri experiences around 206 sunny days every year, which is just a touch above the national average of 205 days.

Is Missouri a good place to install solar panels?

Missouri is, therefore, one of the best places in the country for solar panel installation. The state as a whole receives just over the average sunny days per year, which is great news for solar customers whose panels’ efficiency plummets on cloudy days.