Solar power in Missouri
With many of the major state utility rebates set to expire in 2023 and the federal tax credit coming to an end in 2021, the best time to go solar in Missouri is now!
The state’s renewable portfolio standard is also coming to a close in 2021, meaning that the value of renewable energy credits will also start to decrease. The longer you wait to go solar in Missouri, the fewer savings you will receive in order to make solar a worthwhile investment.
Compare solar quotes from the top solar companies in Missouri
Missouri solar power facts
$2.62 watt
Average cost: 5kW solar power system
?11 Years 3 Months
Average payback time
$34,210
Average lifetime savings
?5¢ kWh
Levelized cost of solar energy
17¢ kWh
If you don't get solar
?15,000 kWh
Annual power production
Cash flow graph based on cash purchase of a 11.61kW system
This 11.61kW system would offset 100% of your energy usage if your typical monthly bill in Missouri is $120, however, your situation may vary so try our solar calculator to get a result tailored to you.
6
Solar companies in Missouri that provide pricing through the SolarEstimate marketplace.
How much can solar panels save you in Missouri
Average total cost of solar panel installation in Missouri
| System Size | Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,016 | $6,497 |
| 4kw | $7,903 | $8,535 |
| 5kw | $9,694 | $10,470 |
| 6kw | $11,455 | $12,372 |
| 7kw | $13,105 | $14,154 |
| 8kw | $14,741 | $15,920 |
| 9kw | $16,250 | $17,550 |
| 10kw | $17,760 | $19,181 |
How much do solar panels cost in Missouri?
$2.62 per watt
Cash purchased solar system
Before 26% solar tax credit
$2.82 per watt
Financed solar system
Before 26% solar tax credit
$0.0¢ /kWh
Lease/PPA
Ave 15 year term, 2.5% price escalator
What are the pros and cons of installing solar panels in Missouri?
The advantage of installing solar panels on your home in Missouri is that many utilities offer rebates for installing solar systems. Also, state policy mandates that utility companies must offer net metering to their customers.
SolarPowerRocks provides a great breakdown of solar incentives and policy for each state within the US.
The disadvantage of installing solar panels in Missouri is that net metering only has to be offered to customers at the avoided cost of electricity. This means that your utility has the ability to reimburse you for less than the retail rate of electricity for each excess kilowatt hour (kWh) of energy you send to the grid. Also, if you want to take advantage of utility rebates, you often have to give your utility provider the rights to your renewable energy credits (RECs) for 10 years.
Enter your details to calculate the potential costs and savings you can get from installing solar panels for your home.
Best solar companies in Missouri
Find local city information
Find local information for cities in Missouri
Compare solar quotes from the top solar companies in Missouri
Best brands of solar panels
To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.
However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so while solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.
For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.
How much electricity will solar panels produce in Missouri
Solar panels produce different amounts of energy in different locations.
Around the Jefferson City area solar panels installed on a south-facing 30-degree pitch roof will typically produce:
1,366kWh
per year per 1kW of peak DC
(direct current) capacity
For more information about how your location, roof direction, and roof tilt affects solar power production use the solar panels calculator and enter your zip code.
I want to buy a solar panel kit and install it myself
What incentives, rebates, and tax credits are available in Missouri?
Net metering in Missouri
Missouri requires all utilities to offer net metering to their solar customers. This means you will receive credit for any excess energy your system produces and sends to the grid. However, the policy only requires excess generation to be credited at a minimum of the utility’s avoided cost rate, not the retail rate. The avoided cost rate is usually much cheaper than the retail rate, meaning you get less money for the energy you produce.
Utility rebates
Missouri Senate Bill 564 (2018) requires utilities to offer their customers rebates for installing solar systems. Utilities like Empire District Electric, Ameren Missouri, and Kansas City Power and Light offer a rebate of $0.25 per Watt installed. These rebates end in 2023.
Property tax exemption
Missouri offers a property tax exemption mandating that 100% of the assessed value of your solar system is exempt from your property taxes.
Missouri Solar Calculator
Regardless of what you want to know about the economics of installing solar panels for your home or business in Missouri, we have a solar calculator that can show you exactly the information you require.
What you can find out about installing solar panels in Missouri using our full monthly solar calculator
This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:
- What size solar system do you need?
- Answers the question of How many solar panels do I need?
- How many square feet of roof space you need for solar panels
- Solar electricity production in annual kWh (kilowatt-hours) you can expect from your solar system in Missouri
- The value of solar tax credits and other incentives you are entitled to based on the estimated size of system you need, your location and your utility provider.
- Likely cost based on an average of prices charged for solar systems of that size in the last year in Missouri or Jefferson City ;
- The likely payback period on your solar panels and your investment return.
- Your total lifetime solar savings based on each of the major solar finance options, a cash purchase, a cash purchase funded with a HELOC sol (home equity line of credit) and a zero-down PPA or third party lease product.
If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Missouri solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.
Going solar in Missouri
Check out all of the ways energy providers of Missouri can help you be more energy-efficient and save money.
The following programs are available:
| Incentive Name | Eligibility | Type |
|---|---|---|
| Residential Renewable Energy Tax Credit | Federal | Personal Tax Credit |
| Net Metering | State | Net Metering |
| Property Tax Exemption | State | Property Tax Incentive |
| Empire District Electric Solar Rebate | Utility | Rebate Program |
| Kansas City Power and Light | Utility | Rebate Program |
| City of Columbia Water and Light | Utility | Rebate Program |
Find your local rebates and incentives
Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives is the solar installers who specialize in your area.
