Solar Panels Cost $0k-$0k in Bollinger County, MO | November, 2024
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How much do solar panels cost in Bollinger County, MO in 2024?
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It averages out to $0 per watt in the month of November, 2024 in Bollinger County, MO to get solar panels.
So, for every 1000 watts (or 1 Kw) your system can generate you will spend $0 to get your system installed in . After applying the 30% federal tax credit, a 5 kW solar panel system in Bollinger County generally costs $0. Be aware that a more powerful system could be required to fulfill your energy requirements.
To the left, you have the option to select your county and find the typical roof size along with the average maximum capacity for solar panels in homes in your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Bollinger County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Bollinger County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Bollinger County: $36,427US Average: $16,169
Solar Potential in Bollinger County
Estimated system size and solar electricity production per median viable roof in Bollinger County.
Roof size 778sq. ft.
Capacity 10.88kW DC
Electricity 13.5kkWh AC per yr.
Electricity Costs in Bollinger County, MO & What that Means for Your Solar Panel Pricing
Bollinger County's average monthly electric bill is 151.78, with consumers using an average of 1,172 kWh. This number also reflects data from apartments and smaller homes with less energy needs.
In November 2024, the mean electricity rate in Bollinger County, MO amounts to 12.95¢ per kWh.
Currently, a 10 kW setup costs around $0 after incentives.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Bollinger County
To the left and below, you can find a detailed price breakdown for different solar panel system sizes set up in Bollinger County. The investment for a larger solar panel setup is larger, but it also provides greater electricity savings and increased income tax credits.
The solar panel cost calculator below and to the right breaks down costs and benefits, considering an average $151.78 electric bill in Bollinger County To get results more customized, modify the $151.78 to align with your regular electricity bill.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,147 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,826 kWh
Est. monthly savings $96
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.34 tons a year
Equivalent to planting 245 trees a year
Equivalent to driving 13,214 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,339 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,297 kWh
Est. monthly savings $112
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.23 tons a year
Equivalent to planting 286 trees a year
Equivalent to driving 15,416 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,530 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,768 kWh
Est. monthly savings $127
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.12 tons a year
Equivalent to planting 327 trees a year
Equivalent to driving 17,619 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,721 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,239 kWh
Est. monthly savings $143
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.01 tons a year
Equivalent to planting 368 trees a year
Equivalent to driving 19,821 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,912 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,710 kWh
Est. monthly savings $152
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 8.49 tons a year
Equivalent to planting 390 trees a year
Equivalent to driving 21,006 mi less a year
Bollinger County Solar Panel Installation Incentives & Rebates | 2024
Rural small business and farm owners might benefit from the REAP Grant, which could cover 80% to 100% of their photovoltaic or wind energy installation expenses. Think you fall into this category? Confirm your qualification with our REAP Grant eligibility tool.
A 30% federal tax credit is available to most homeowners for residential solar installations, which helps make solar energy a sensible choice in various regions in the United States. Moreover, there are a number of state and local efforts designed to further promote the uptake of solar energy.
Multiple utilities and governmental organizations in Missouri offer 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 Bollinger County, MO?
If you expect living in your home longer than the solar system's payback period, installing solar panels is an clear decision in Bollinger County. Installing a 5 kW solar system in Bollinger County, MO will, on average, save you $36,427.2 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Bollinger County, MO
The absence of solar panels or an alternative energy backup means that you forgo the savings noted earlier and depend on your electric utility for electricity. Complete reliance on your utility provider is not always ideal, as recent examples in the news have shown.
On average, customers in Bollinger County have faced 1 utility outages per year over the past few years. Typically, outages have an average duration of 189.67 minutes. However, during significant events such as thunderstorms, construction accidents, or equipment failure, these times can drastically increase.
Take a look at the component below to see the number of current electricity customers without power in Bollinger County.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might experience.
Power Outages
Currently, 0 customers are being tracked in Bollinger County.
What impacts the cost of solar panels in Bollinger County, MO?
Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt decreases. For most consumers, setting up a system that can produce enough power to eliminate their entire electric bill is advantageous, providing significant savings.
Make & Model - Solar panels, like many other products, are offered in various makes and models. Your installer’s system preferences might necessitate selecting a highly rated installer. The selection of superior materials can substantially better the long-term experience for buyers.
Solar Panel Type - There's a good reason why monocrystalline panels are now considered the industry standard. Although they are more expensive, they provide increased energy. Many installers use panels constructed of this material.
Your Property - Each property and home is one of a kind. Trees, sloped land, or other barriers can increase the difficulty of installing solar panels. Most solar installers nowadays leverage satellite imagery to evaluate your home and integrate these factors into the first cost estimate.
Labor Rates - The varied employee wages paid by companies result in costs that consumers end up paying . Businesses often get higher reviews for their services and customer service when they pay higher wages.
Permitting & Interconnection - Permitting and utility interconnection fees differ locally and will impact your installation cost. Quality installers will factor these costs into your initial quotes to prevent unexpected expenses.
See what solar panels cost in other Bollinger County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Bollinger County?
Solar systems for selling electricity back to the grid.
Bollinger County, MO Solar Panel Cost FAQs
The cost per watt for solar panels in Bollinger County, MO during November of 2024 averages $0/W. For a 5 kW solar panel system, the total cost in Bollinger County, MO after federal tax credits is around $0.
If you live in Missouri, you can find 13 rebates and incentives through different utilities and government agencies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Although paying in cash offers the most savings, numerous financing options for solar panels now exist that are financially sensible. Many installers will include information about their financing partners in the initial quotes they provide.
Yes, the typical payback time for 5 kW solar panel systems in Bollinger County, MO is 0 years, and the expected electricity cost savings over 20 years is $36,427.2.
Savings from 
Environmental Impacts 
