Solar Panels Cost $13k-$23k in Andrew County, MO | December, 2024
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How much do solar panels cost in Andrew County, MO in 2024?
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For the month of December, 2024, the price per watt of a solar panel installation in Andrew County, MO is $3.74/W.
Based on the cost per watt, we are able to conclude that for every 1 kW (1000 watts) of solar power capacounty will require an investment of $3,740 for installation. A 5 kW solar system in Andrew County is typically about $13,090 after accounting for the 30% federal income tax credit. It's important to note that a higher capacity system could be required to adequately cover your energy consumption.
On the left-hand side, you can choose your county to find out the typical roof size and the maximum capacity for solar panels in residences in your area. Outlined below are the costs, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Andrew County: $13,090US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Andrew County: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Andrew County: $19,904US Average: $16,152
Solar Potential in Andrew County
Estimated system size and solar electricity production per median viable roof in Andrew County.
Roof size 769sq. ft.
Capacity 10.75kW DC
Electricity 13.3kkWh AC per yr.
Electricity Costs in Andrew County, MO & What that Means for Your Solar Panel Pricing
Energy consumers in Andrew County typically pay 160.85 per month for electricity, with an average monthly usage of1,067 kWh. Compact living spaces, such as apartments and cottages, are also considered in the statistics cited in the prior sentence.
As of December 2024, the average rate for electricity per kWh in Andrew County, MO amounts to 15.08¢.
Currently, a 9 kW setup will be priced at around $33,660upfront, but thanks to the federal tax credit, you receive 30% back, reducing the total to $23,562.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Andrew County
Available below and to the left is the price structure for multiple sizes of solar panel systems installed in Andrew County. The initial cost for larger solar systems is greater, but they also offer more significant electricity savings and higher income tax credits.
View a cost benefit analysis in the solar panel cost calculator to the right and below, for an average electric bill of $160.85 in Andrew County. To get customized results, easily adjust the $160.85to reflect your average electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,103 a year
Est. Price
$13,090
Savings from a 5kWthis system
Est. yearly production 7,355 kWh
Est. monthly savings $92
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 4.81 tons a year
Equivalent to planting 221 trees a year
Equivalent to driving 11,915 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,324 a year
Est. Price
$15,708
Savings from a 6kWthis system
Est. yearly production 8,826 kWh
Est. monthly savings $110
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 5.78 tons a year
Equivalent to planting 265 trees a year
Equivalent to driving 14,298 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,545 a year
Est. Price
$18,326
Savings from a 7kWthis system
Est. yearly production 10,297 kWh
Est. monthly savings $129
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 6.74 tons a year
Equivalent to planting 310 trees a year
Equivalent to driving 16,681 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,765 a year
Est. Price
$20,944
Savings from a 8kWthis system
Est. yearly production 11,768 kWh
Est. monthly savings $147
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 7.7 tons a year
Equivalent to planting 354 trees a year
Equivalent to driving 19,064 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,986 a year
Est. Price
$23,562
Savings from a 9kWthis system
Est. yearly production 13,239 kWh
Est. monthly savings $161
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 8.43 tons a year
Equivalent to planting 387 trees a year
Equivalent to driving 20,866 mi less a year
Andrew County Solar Panel Installation Incentives & Rebates | 2024
If you're a rural small business or farm owner, you might be eligible for REAP Grant coverage of between 80% and 100% for your solar or wind turbine project. Believe you fall into this category? Verify your qualification with our REAP Grant eligibility tool.
The 30% federal income tax credit for residential solar is offered to most homeowners, which makes solar energy a wise choice in numerous regions nationwide. There are also a range of state and local efforts aimed at increasing solar energy use.
Various utilities and government organizations in Missouri have 13 solar rebate and incentive programs.
Solar incentives in MOIncentive Description Value
Columbia Water & Light - Solar Rebates
Value:Up to $800
Home and business customers of Columbia Water and Light may be entitled to rebates if they install a new solar PV system or water heater. The rebate amount is a fixed $400 for new water heaters, a fixed $800 for a solar water heater replacing a natural gas system, and a variable amount per kilowatt for photovoltaic systems. To qualify, customers must keep the system in operation for at least five years and participate in net metering and interconnection arrangements. Applications must be submitted before the system is installed. Additional information is available from the CWL website.
Energy Standards for Public Buildings
Value:Varies
Missouri most recently updated its statewide green building law in 2015. Any new state facility must meet standards set by the latest copy of the International Energy Conservation Code (currently 2015). Existing buildings must reduce energy consumption by 2% per year for a total 20% reduction in 2025. New remodeling projects affecting at least half of the building's area or costing half of its assessed value should be subject to pre-planning impact studies. Designers should consider on-site renewable energy and water reclamation to provide a 25-year cost/benefit analysis. Additional information is available from the Missouri DNR website.
City of Columbia - Renewable Portfolio Standard
Value:Varies
The city of Columbia, Missouri has a local renewable portfolio standard (RPS) program supplementing the mandatory state standard. Columbia Water and Light, as the city's public utility, is currently bound by ordinance to source at least 25% of its retail energy from renewable sources by 2022. Compliance is measured through regular proposals and reports addressed to the City Council. When possible, CWL must not increase the price of consumer energy by over 3% to fund new renewable energy investments. Additional information is available from the Columbia municipal website.
Empire District Electric - Solar PV Rebates
Value:Varies
Show Me PACE is a multi-jurisdiction property-assessed clean energy financing program in Missouri. Any county or city government may become a program signatory. The program serves business and multi-family residential property, farms, nonprofits, and public-sector facilities making energy or water efficiency improvements. A minimum principal of $50,000 is available at low market-rate interest. Repayment periods may vary, but cannot be longer than the useful life of the equipment that the loan funds. The Missouri Energy Initiative oversees the Show Me PACE lending market. Additional information is available from the program website.
Energy Loan Program
Value:Varies
Public/private school districts, local governments, and hospitals may be eligible for special financing on energy efficiency improvements through the Missouri Energy Loan Program (MELP). The revolving loan fund is managed by the state's Department of Economic Development. Available principal ranges from $10,000 to $1 million. Funding can be repaid over 10 years at 2.75% APR and with a 1% administrative fee. Monthly payments are typically based on estimated cost savings. Additional information is available from the DED Energy Division website.
Renewable Energy Standard
Value:Varies
Missouri's mandatory renewable portfolio standard was created in 2008 by the Proposition C ballot referendum. The standard sets minimum quotas for renewable energy investment. Current objectives (as of 2021) require the state's power industry to source 15% of retail energy from renewable sources by the end of the year. Any solar, wind, biomass, hydrogen fuel cell, or select solid waste reclamation system may qualify. However, "carve-out" measures require a specific portion of the annual quota be fulfilled using solar energy. Compliance is measured through both renewable energy credit (REC) and solar carve-out credit (SREC) systems. Each credit pegs a fixed amount of electricity to a variable dollar value. Credits are subject to market forces as utilities buy them through net metering and retire them after three years. Annual reports on standard objectives and progress are available through the Missouri Public Service Commission website.
Columbia Water & Light - Home Performance with ENERGY STAR Loan
Value:Varies
Home customers of Columbia Water and Light may be eligible for special financing on ENERGY STAR certified building materials and equipment. Available offers will vary from time to time. Currently, loans are available for central and room HVAC, insulation/weatherization, solar water heaters/thermal systems, and some appliances. CWL works with loan partners to provide financing. Current repayment options can last up to ten years at variable interest rates. Applicants will be subject to standard credit checks, pre-installation audits, and final system inspections by CWL representatives. Additional information is available from the CWL website.
Net Metering
Value:Varies
Missouri requires any private/municipal utility, electric retailer, or utility cooperative to offer net metering contracts to renewable energy customers. Any solar PV/heating, wind, hydroelectric, or hydrogen fuel cell system qualifies to receive tariff compensation. Once a customer and their utility agree to a contract, the utility will install a bidirectional meter on the customer's system at no cost. This meter measures net excess generation (NEG) sent back to the grid. The customer's electric bill will be credited at a fixed avoided-cost rate for NEG generated during each billing cycle. Should generation exceed consumption for any given month, credits may carry forward to subsequent cycles. Additional information is available from the Missouri Department of Economic Development website.
Missouri Clean Energy District
Value:Varies
The Missouri Clean Energy District is a statewide property-assessed clean energy (PACE) financing program. Counties and cities may join MCED at any time, allowing local businesses, farms, nonprofits, and public-sector building owners to receive specialized loans for energy efficiency improvements. (Due to regulatory concerns from the FHFA, residential buildings are ineligible for PACE loans at this time.) PACE funding effectively comes from the government, but it is administered by the MCED and a number of banking partners. Loans are at low interest and can be repaid over up to 20 years. Repayments take the form of a tax lien senior to the property's mortgage; should the owner sell or transfer their property, the new owner will be responsible for continuing repayments. Additional information is available from the MCED website and member localities.
Interconnection Guidelines
Value:Varies
Any private/public electrical utility or cooperative in Missouri must offer their renewable energy customers interconnection and net metering contract options. Unlike other states, renewable energy systems are not divided into regulatory tiers based on size and capability; however, systems over 100 kW in capacity are ineligible for net metering. All systems must meet standards set by IEEE/UL and have manual disconnect switches/other safety features installed. Additional information is available from individual utilities.
Columbia Water & Light - Commercial Energy Efficiency Loans
Value:Varies
Business customers of Columbia Water and Light may be eligible for special financing on energy efficient equipment and improvement projects. Available offers will vary from time to time. currently, "Super Saver" loans are available for HVAC systems, solar and geothermal water heaters and heat pumps, and energy efficient lighting. CWL works with banking partners to provide financing; as such, loan terms may vary. Loans through the program are senior to other debt on the property; should the owner sell the property or refinance another loan, they must pay off the Super Saver loan. The application process involves pre-installation audits and final system inspections using ASHRAE Level 2 standards. Additional information is available through the CWL website.
Show Me PACE
Value:Varies
Show Me PACE is a multi-jurisdiction property-assessed clean energy financing program in Missouri. Any county or city government may become a program signatory. The program serves business and multi-family residential property, farms, nonprofits, and public-sector facilities making energy or water efficiency improvements. A minimum principal of $50,000 is available at low market-rate interest. Repayment periods may vary, but cannot be longer than the useful life of the equipment that the loan funds. The Missouri Energy Initiative oversees the Show Me PACE lending market. Additional information is available from the program website.
Set the PACE St. Louis
Value:Varies
"Set the PACE" is a local property-assessed clean energy (PACE) financing program. Businesses, nonprofits, and public-sector property owners in the city/county of St. Louis may be eligible for special financing through the program to fund energy efficiency improvements. Residential property may qualify so long as it is not mortgaged. PACE funding effectively comes from public funds, but loans will be supplemented by PNC and serviced by local governments. The maximum available principal for a single loan is $25,000 or 35% of the property's assessed value, whichever is lower. Loans are low-interest and can be repaid over up to 20 years. Repayment takes the form of a tax lien senior to the property's mortgage; should the owner sell or transfer their property, the new owner will be responsible for continuing repayments. Additional information is available from the Set the PACE St. Louis website.
Are solar panels worth it in Andrew County, MO?
Homeowners in Andrew County who expect to live in their residence beyond the payback period of their solar system will find solar panels an obvious choice. In Andrew County, MO, the installation of a 5 kW solar system can save you an average of $25,514 over 20 years, with an average break even point of 7 years.
The cost of not having solar panels in Andrew County, MO
Forgoing the installation of solar panels or an alternative backup energy source results in missing the earlier mentioned savings and total reliance on your electric utility for power. Several recent examples in the news have revealed that total dependence on your utility company isn't always ideal.
Yearly, the utilities in Andrew County have recorded about 1 outages per customer. Typically, outages have an average duration of 120.8 minutes. However, during significant events such as tornadoes, grid management errors, or wildlife damage, these times can drastically increase.
View the info below to see the number of current electricity customers without power in Andrew County.
Owning a solar panel system, with or without a backup battery, could reduce the strain of any future outages you may encounter.
Power Outages
Currently, 0 customers are being tracked in Andrew County.
What impacts the cost of solar panels in Andrew County, MO?
Your Energy Needs - The cost per watt decreases with larger solar panel systems, even if the upfront cost is greater. Individuals often realize that installing a solar system to offset their electric bill is a beneficial decision, resulting in the most savings.
Make & Model - Solar panels are offered in a range of makes and models. The potential system preferences of your selected installer make it crucial to pick a highly rated company. For a better long-term experience, buyers should consider superior quality makes and models.
Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. They have a higher price but are better at generating energy. The majority of solar panel installers use panels made of this material.
Your Property - Each property and home presents unique challenges. Trees, irregular terrain, or other impediments may complicate the installation process. Today, the many solar installers can evaluate your home with satellite images and factor in these factors in the preliminary cost estimate.
Labor Rates - The varied employee wages paid by companies cause costs that consumers ultimately paying . Companies that invest in higher wages often see higher reviews for their work and customer service.
Permitting & Interconnection - Permitting and utility interconnection fees vary locally and will impact your installation cost. Quality local installers will include these figures in your first estimates to ensure transparency.
See what solar panels cost in other Andrew County cities
Solar systems for selling electricity back to the grid.
Andrew County, MO Solar Panel Cost FAQs
As of December, 2024, the average per-watt cost for solar panels in Andrew County, MO is $3.74/W. In Andrew County, MO, the cost of installing a 5 kW solar panel system is approximately $13,090 after applying the federal tax credit.
Missouri offers 13 different rebates and incentives from a range of utilities and government organizations. In addition, nearly all people are eligible for the 30%federal tax credit.
Even though paying cash yields the most savings, there are now several financing options for solar panels that also are cost-effective. Initial quotes from installers will frequently detail information about available financing options.
Yes, the payback period for 5 kW solar energy systems in Andrew County, MO averages 7 years, with electricity savings of about $25,514 over 20 years.