Cost Of Installing Solar Panels Missouri

The average cost of a solar panel installation in missouri ranges from 13 175 to 17 825.

Cost of installing solar panels missouri.

On a cost per watt w basis a solar panel installation in missouri ranges in price from 2 64 to 3 56. Missouri s solar resources actually exceed those of germany which leads the world in solar energy production on less than. Given a solar panel system size of 5 kilowatts kw an average solar installation in saint louis mo ranges in cost from 12 665 to 17 135 with the average gross price for solar in saint louis mo coming in at 14 900. Don t worry because after tax breaks and energy savings your first year costs will be considerably less than that.

Missouri has more than 200 sunny days per year for an average of 4 5 to 5 0 kilowatt hour per square meter per day according to the u s. Installing a typical 10 kw solar system should start at about 27 000 after the 2020 missouri solar rebates. September 10 2020 as of sep 2020 the average cost of solar panels in missouri is 2 59 per watt making a typical 6000 watt 6 kw solar system 11 477 after claiming the 26 federal solar tax credit now available. How long does it take to earn back your initial investment in solar panels.

Solar panel cost data missouri 2020 updated. Department of energy s national renewable energy laboratory s nrel solar maps. The most significant incentive to install solar panels for homes and businesses is the federal solar tax credit at the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation.