Missouri goes solar with SunPower®
Clean energy is on full display in the Show-Me State
The state of solar in Missouri
The Show-Me state is no stranger to bright days. It has an annual average of 206 days, one day more than the United States’s sunny day average.*Bestplaces.net, "Climate in Missouri" (Accessed July 14, 2021) https://www.bestplaces.net/climate/state/missouri With so many sunshine-filled days, it’s no wonder that 83% of the state’s million-plus roofs are solar-viable.*Google, Project Sunroof data explorer (November 2018).
Missouri currently ranks 34th in the United States for solar energy.*SEIA, “Missouri Solar” (accessed July 15, 2021). https://www.seia.org/state-solar-policy/missouri-solar However, the state offers plenty of incentives to encourage residents and businesses to embrace clean energy.
How much solar energy does Missouri Produce?
Missouri’s solar capacity continues to grow since the solar industry took root there in the early 2010s. According to the Solar Energy Industries Association (SEIA), the state has enough solar energy to power 33,187 homes, with 303 MW.*SEIA, “Missouri Solar” (accessed July 15, 2021). https://www.seia.org/state-solar-policy/missouri-solar
With 119 solar companies operating in the state and notable installations like the Richwoods Renewable Energy Center, Missouri’s five-year growth projection is 647 MW.
What are the advantages of going solar in Missouri?
Investing in the best solar panels for your home is an excellent way to reduce your carbon footprint. The panels generate years’ worth of reliable energy without contributing to pollution. In fact, going solar will reduce Missouri’s dependence on environment-damaging fossil fuels like coal and oil.*Energysage.com, "Environmental benefits of solar" (Updated June 9, 2021) https://www.energysage.com/solar/benefits-of-solar/environmental-benefits-solar/
Installing solar PV systems is also beneficial to the pockets of homeowners and businesses. Even with up-front costs or long-term financing, solar power quickly reduces monthly electric bills as well as your reliance on the community power grid. Homeowners with solar can save on monthly utility costs and increase their home’s value by almost $15,000.*SolarNation. “Solar Power in Missouri” (accessed July 15, 2021). https://www.solar-nation.org/missouri
In fact, solar systems in Missouri can pay for themselves in as little as 13 years. Meaning, homeowners will recoup their investment in 13 years through cumulative savings after installation. After that time, they reap the benefits of free energy whenever solar is powering their home. Plus, if their utility provider embraces net metering, they may actually earn a profit from the excess power they generate and send back to the power grid.
Thirteen years may seem like a long time, but the average warranty for high-efficiency solar panels is 20 to 25 years, not to mention a useful life of 40 years for high quality panels—so property owners can experience a few decades of free solar energy.*SolarNation. “Solar Power in Missouri” (accessed July 15, 2021). https://www.solar-nation.org/missouri
How much does solar cost in Missouri?
The cost of a home solar system can vary, even in the same state, due to a range of factors. These include:
Quality of solar panels
Roof size and condition
Type of solar equipment
Quality of installation
To help you understand the price of going solar in your area, we’ve analyzed SunPower price quotes, as well as quotes gathered by third-party sources for thousands of homeowners across the country.
In Missouri, we found that the average investment to own a 5 kW solar system ranges from $13,550 to $16,150, or in other words, from $2.71 to $3.23 per watt, and that’s before considering the benefits of any available tax credits or incentives.
The federal solar tax credit is one of the most reliable incentives for Missouri residents who go solar. The program provides a 30% tax credit against the total cost for a newly installed solar system.*Tax credits and incentives are subject to change. Visit dsireusa.org for detailed solar policy information.
Missouri has no state tax credit, but solar power improvements are exempt from the property tax.*SolarNation. “Solar Power in Missouri” (accessed July 15, 2021). https://www.solar-nation.org/missouri That means that even though a solar system may increase your home’s value by $15,000 for a 5 kW system (for example), you will not get taxed for the additional value.
Net metering is another way solar owners can gain compensation from their utility company for any excess solar power they generate and send back to the grid. Net metering is available in select locations in Missouri, as provided by the state’s Net Metering and Easy Connection Act.
Some Missouri-based utility companies offer rebates to motivate people into going solar. For example, Ameren Missouri offers customers in St. Louis a 25-cent-per-watt rebate.*Straightupsolar.com, Missouri Solar Incentives (published May 5, 2021) https://straightupsolar.com/expertise/missouri-solar-incentives/ Most utility rebates are city- or county-based, but the state offers a solar property tax exemption, so new solar system owners can enjoy an increase in property value without tax increases.*Engerysage.com, Missouri solar incentives (accessed July 14, 2021) https://www.energysage.com/local-data/solar-rebates-incentives/mo/
What’s the best way to go solar in Missouri?
If you’re ready to go solar in Missouri, it’s best to remember that solar systems vary in size, quality, durability, output, and appearance. There is no one-style-fits-all approach to clean energy. Before committing to solar power, you’ll need to research which systems are best for the needs and location of your property.
Determining the best solar system for clean energy can be an overwhelming task, but solar contractors are available to assist you as you embrace solar power. Be sure to talk to solar companies that are licensed, experienced, and reputable.
Whether you’re interested in low up-front costs due to budget restrictions or storing surplus energy, the best companies will have products to suit your needs. You should arrange for either in-person or virtual consultations to enable your solar expert to assess your energy objectives thoroughly. Then, they should design and recommend the most suitable high-efficiency solar and storage system to help you meet your goals.
If you’re ready to get started, we’re happy to help. Simply request a free consultation with SunPower below and we'll follow up with a quick call to schedule a time. You can also call us directly at (800) 786-7693.
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