Cost & Savings Breakdown
Based on $150/month electric bill in Independence
System Size
8.3 kW
Annual Production
11,680 kWh
Gross System Cost
$24,167
Federal Tax Credit (30%)
-$7,250
State Incentive
-$500
Net Cost
$16,417
Monthly Savings
$122
CO₂ Offset/yr
10,746 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEvergy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.125/kWh
Peak Sun Hours4.8 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Missouri State Incentive — Missouri offers a property tax exemption for solar installations.
Common Questions
How much does solar cost in Independence?
Solar in Independence, Missouri costs approximately $24,167 for a 8.3 kW system. After the 30% federal tax credit, your net cost is about $16,417.
What is the solar payback period in Independence?
The estimated payback period for solar in Independence is 11.2 years, based on a $150/month electric bill and local sun hours of 4.8 hrs/day.
Does Evergy offer net metering?
Evergy offers Full Retail net metering. Full retail rate.