Cost & Savings Breakdown
Based on $150/month electric bill in Joplin
System Size
7.6 kW
Annual Production
11,145 kWh
Gross System Cost
$22,137
Federal Tax Credit (30%)
-$6,641
State Incentive
-$500
Net Cost
$14,996
Monthly Savings
$122
CO₂ Offset/yr
10,253 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEvergy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.131/kWh
Peak Sun Hours5 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 Joplin?
Solar in Joplin, Missouri costs approximately $22,137 for a 7.6 kW system. After the 30% federal tax credit, your net cost is about $14,996.
What is the solar payback period in Joplin?
The estimated payback period for solar in Joplin is 10.3 years, based on a $150/month electric bill and local sun hours of 5 hrs/day.
Does Evergy offer net metering?
Evergy offers Full Retail net metering. Full retail rate.