Estimated Savings for a Typical Missouri Home
Based on a $150/month electric bill
System Size
8.8 kW
Gross Cost
$25,600
Federal Credit
-$7,680
State Incentive
-$500
Net Cost
$17,420
Annual Savings
$1,460
Payback Period
11.9 yrs
25-Year Savings
$32,450
CO₂ Offset/yr
11,383 lbs
Missouri Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$500
Missouri State Incentive
Missouri offers a property tax exemption for solar installations.
Net Metering Policy: Full Retail
Top utility in Missouri: Ameren Missouri. View full incentives detail →
Solar Costs by City in Missouri
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Kansas City | $1,460 | 12.9 | 495,327 | Evergy |
| St. Louis | $1,460 | 10.6 | 300,576 | Ameren Missouri |
| Springfield | $1,460 | 11.1 | 169,176 | City Utilities |
| Columbia | $1,460 | 13.8 | 123,467 | Ameren Missouri |
| Independence | $1,460 | 11.2 | 123,037 | Evergy |
| Lee's Summit | $1,460 | 11.7 | 101,108 | Evergy |
| O'Fallon | $1,460 | 13.7 | 91,834 | Ameren Missouri |
| St. Joseph | $1,460 | 13.1 | 76,781 | Evergy |
| Joplin | $1,460 | 10.3 | 50,175 | Evergy |
| Chesterfield | $1,460 | 12.3 | 47,484 | Ameren Missouri |
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Quick Facts: Missouri
- ⚡ Avg rate: $0.118/kWh
- 🌞 Peak sun: 4.8 hrs/day
- 🏭 Top utility: Ameren Missouri
- 📋 Net metering: Full Retail