Missouri Solar Information

Missouri isn’t a bad state for solar. There’s always enough sunshine to cover your basic energy needs or at least to reduce your monthly electricity bill. The 26% Federal Solar Tax Credit as well as some local incentives will make your solar installation even more profitable.

#24

Missouri ranks #24 in the USA for savings from installing solar panels
6002.81 kWh

Annual AC energy output of a 4 kW solar system installed in Missouri
5.12 kWh

Solar Radiation (kWh / m2 / day)
10 ¢ /kWh

The cost of electricity today in Ameren Missouri|Sho ME Power Electric Coop|Three Rivers Electric Coop
20 ¢ /kWh

If you don't go solar. The forecast average utility price over the next 25 years

Missouri Solar Facts

$1.57
Average cost of a 4kw solar power system in 2019.
6 years
Average system payback period.
$40,818.48
Average lifetime savings.
4 ¢ /kWh
Levelized cost of solar energy.
5 kW
Recommended system size.

Choose relevant panels Calculate your system

Solar Power System Cost in Missouri
$1.57 per watt

Cash purchased solar system

Before the 26% Federal Solar Tax Credit
$6,576.90 total

Estimated system cost

Before the 26% Federal Solar Tax Credit
6 years

Average system payback period

Solar power in Missouri has been a growing industry since the early 2010s. Solar power is capable of generating 42.7% of the electricity used in Missouri from rooftop solar panels totaling 28,300 MW.

Net metering is available only during a billing period. Excess generation is credited at avoided cost rate, and lost if any remains after a year, giving the state a B rating.

IKEA installed a 1.28-MW solar array on its St. Louis store which was the largest rooftop installation in the state. It was completed in July 2015.

Missouri's largest solar farm is located in Christian County, just outside of Nixa on a plot owned by Gardener Capital. The farm generates 9% of the power needs of Nixa, Missouri transmission grid.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you go solar

kWH

$ per kWH

According to Ameren Missouri|Sho ME Power Electric Coop|Three Rivers Electric Coop, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 26% Federal Tax Credit (ends 2020) i

When you install your solar system, 26% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

4.19 kW medium system size

Provides up to 80% of electricity consumption

$1.57 per watt

Average system cost

14 x 315 watt

solar panels
+
14 x 300 watt

microinverter
+
2 x 3 800 watt

inverter

$74.88/ month

Estimated savings on your average quarterly bill

$6,576.90

Estimated system cost
Excludes 26% Federal Tax Credit.
This price does not include the installation cost.
6 years

Average system payback period
$40,818.48

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

10 ¢ /kWh

The cost of electricity today in Ameren Missouri|Sho ME Power Electric Coop|Three Rivers Electric Coop
20 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
4 ¢ /kWh

levelized cost of solar energy