Cost Of Solar Panels In Missouri

This is higher than the average price of residential solar power systems across the united states which is currently 2 55 per watt.

Cost of solar panels in missouri.

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. 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. 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. The average cost for an installed residential solar system in missouri is currently 11 477 after claiming the 26 federal solar tax credit.

Solar panel cost data missouri 2020 updated. 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. Devoting 3 of.

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 exceed that of germany which leads the world in solar energy production. Missouri is the 4th most optimal state for solar generation deployment optimal deployment of solar index 2010. However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 64 per watt.

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. National data september 2020. Department of energy s national renewable energy laboratory s nrel solar maps. Missouri s solar resources actually exceed those of germany which leads the world in solar energy production on less than.

A solar carve out means that of the total amount of energy that must come from renewable power a certain percentage must come from solar panels. Missouri has the 6th lowest cost per watt for solar development optimal deployment of solar index 2010. This is 2 59 per watt.