Cost of solar in Jefferson City, MO

Electricity Consumption in Jefferson City

Electricity Consumption by Missouri residents averages 1117 kWh per month. It ranks #35 in the nation for savings from installing solar panels on the home.

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Solar power in Jefferson City, Missouri

Ameren offers its Jefferson City solar customers both net metering and a rebate program. Ameren will pay its solar customers for any excess generation their solar system generates at the avoided cost rate of electricity. The avoided cost rate is less than the retail rate of electricity, but that’s still extra money in your pocket that you can apply to your electric bill. 

Jefferson City residents can take advantage of Ameren’s solar rebate program. Through the program, customers who install solar before December 31, 2023, will receive $0.25 per watt of solar installed. This can help greatly reduce the upfront costs of installing solar panels. Combine net metering, Ameren’s rebate, and the 30% federal tax credit, and you have a recipe for great savings on installing a solar system in Missouri. 

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Jefferson City to find out:

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Solar power in Missouri

The average cost of installing residential solar panels in Jefferson City, Missouri in 2020 is $2.58 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Jefferson City, MO is $12,900. (before claiming 26% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 11.61kW solar system in Jefferson City, MO

This system would offset 100% of your energy usage if your typical monthly bill is $120, however your situation may vary so try our Jefferson City solar calculator to get a result tailored to you.

$20,619

Net cost of system
Cash - after 26% solar tax credit

11 Years 3 Months

Average payback time

15,000
kWh

Annual power production


/kWh

levilized cost of solar energy

17¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 11.61kW system

Life-time savings on this system over the next 25 years

$34,210

(Prices shown after repayments of capital)

 


 

Solar companies in Jefferson City, MO that provide pricing through the Solar-Estimate marketplace

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Solar calculator and quote comparison tool

Average total cost of solar panel installation in Missouri

System Size Cash purchase
After 26% solar tax credit
Financed purchase
After 26% solar tax credit
3kw $6,016 $6,497
4kw $7,903 $8,535
5kw $9,694 $10,470
6kw $11,455 $12,372
7kw $13,105 $14,154
8kw $14,741 $15,920
9kw $16,250 $17,550
10kw $17,760 $19,181

 

Going solar in Missouri

Check out all of the ways energy providers of Missouri can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Net Metering State Net Metering
Property Tax Exemption State Property Tax Incentive

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.