Cost Of Solar Panels In Missouri

Department of energy s national renewable energy laboratory s nrel solar maps.

Cost of solar panels in missouri. Missouri is the 4th most optimal state for solar generation deployment optimal deployment of solar index 2010. 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. National data september 2020. 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.

This is higher than the average price of residential solar power systems across the united states which is currently 2 55 per watt. Missouri has the 6th lowest cost per watt for solar development optimal deployment of solar index 2010. Devoting 3 of. Missouri s solar resources exceed that of germany which leads the world in solar energy production.

The average cost for an installed residential solar system in missouri is currently 11 477 after claiming the 26 federal solar tax credit. 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. On a cost per watt w basis a solar panel installation in missouri ranges in price from 2 64 to 3 56. This is 2 59 per watt.

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. Average solar panel cost. 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. 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.

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 panel cost data missouri 2020 updated.