Solar Panels Installation Costs Mo

On a cost per watt w basis a solar panel installation in missouri ranges in price from 2 64 to 3 56.

Solar panels installation costs mo.

As of september 2020 the average solar panel cost in missouri is 3 10 w given a solar panel system size of 5 kilowatts kw an average solar installation in missouri ranges in cost from 13 175 to 17 825 with the average gross price for solar in missouri coming in at 15 500 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the. 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. Solar panel cost data missouri 2020 updated. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt.

With energy prices on the rise this may be the perfect time. Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Installation of panels for the average 5kw system ranges from 11 100 22 400.

Department of energy s national renewable energy laboratory s nrel solar maps. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 60 per watt. Missouri s solar resources actually exceed those of germany which leads the world in solar energy production on less than. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. The average cost of a solar panel installation in missouri ranges from 13 175 to 17 825. 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. Solar power systems are very custom based on the home roof type shading and utility.

National data september 2020. As of september 2020 the average solar panel cost in saint louis mo is 2 99 w given a solar panel system size of 5 kilowatts kw an average solar installation in saint louis mo ranges in cost from 12 708 to 17 192 with the average gross price for solar in saint louis mo coming in at 14 950 after accounting for the 26 federal investment tax credit itc and other state and local.