Missouri Gives Solar Panels

The installed cost of a 5 kw solar pv system in missouri is around 19 000.

Missouri gives solar panels.

The costs and savings for a 5 kw pv system in missouri can be broken down as follows. Solar property tax exemption. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Any easements obtained for the purpose of construction reconstruction remodeling or acquisition of a solar energy device shall only be created in writing and shall be subject to the same conveyancing and instrument recording requirements as other easements.

This solar farm equivalent to the size of 19 football fields produces nearly 8 000 mwh renewable power annually. Missouri s solar resources actually exceed those of germany which leads the world in solar energy production on less than three kwh per square meter per day. Nrel s pvwatts is a great program for determining the solar resource at your location and the expected energy output of a solar pv system. That s not very high and it doesn t set the bar very high for electric utilities giving them little incentive to help homeowners install solar panels.

Missouri gets 5 5 peak hours per day in the summer 3 97 in the winter and an average of 4 73 for the year. Missouri has a solar carve out albeit a tiny one of 2 of the rps which means only 0 3 of all electricity generated in the state. And since solar panels generate energy even during non peak hours including cloudy rainy or snowy days there is plenty of sunlight to power your home with solar energy. In late 2014 ameren missouri began operating its o fallon renewable energy center the largest investor owned universal solar facility in missouri with a generation capacity of 5 7 mw and powered by 19 000 solar panels.

Site specific solar access in missouri depends on installing the system so it is not shaded by trees or other buildings. September 15 2020 there are currently 75 solar energy companies operating in missouri. 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. Missouri s surge in its solar industry catapulted missouri from 41st in 2017 up to 29th in 2018 in seia s national solar rankings.

While decreasing solar costs along with increased consumer demand have been significant aspects of this rapid growth the show me state deserves a lot of credit for crafting effective solar policies that have and will continue to support the clean energy industry. Below you can compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing missouri today and learn how to select the best one. Federal investment tax credit itc. Several local utilities offer a rebate of 500 kilowatt which means your project will cost 2 500 less bringing down the upfront investment to 16 500.