Solar Panels Cost $13k-$22k in Caldwell County, MO | November, 2024
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How much do solar panels cost in Caldwell County, MO in 2024?
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The typical cost per watt for solar panel systems in Caldwell County, MO in November, 2024 is estimated at $3.26/W.
Expect the cost to be $3,260, on average, for every 1000 watts (or 1 kW) of solar energy your panels can produce. You are able to come up with this number in accordance with this rate price cost. Applying the 30% federal tax credit, the average price for a 5 kW solar panel system in Caldwell County is around $11,410. It's important to note that a higher capacity system could be essential to fulfill your energy demands.
To the left, you can choose your county to view the average roof size and the average maximum production capacity for residential solar on houses in your area. Below is a full overview of 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.
Caldwell County: $11,410US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Caldwell County: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Caldwell County: $19,906US Average: $16,169
Solar Potential in Caldwell County
Estimated system size and solar electricity production per median viable roof in Caldwell County.
Roof size 778sq. ft.
Capacity 10.88kW DC
Electricity 13.5kkWh AC per yr.
Electricity Costs in Caldwell County, MO & What that Means for Your Solar Panel Pricing
On average, Caldwell County residents use 1,156 kWh each month, and the electric bill is 150.86. This statistic also reflects data from apartments and smaller homes with less energy demand.
The average rate for electricity in Caldwell County, MO during November, 2024 is 13.05¢ per kWh.
The price of a a 10 kW solar installation is approximately $32,600 upfront, but the federal tax credit offers a 30% credit, reducing your total to $22,820.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Caldwell County
Presented on the left and below is the cost analysis for various sizes of the solar panel systems installed in Caldwell County. More extensive solar installations come with a greater cost, yet they also offer greater electricity savings and more generous income tax credits.
Check the solar panel cost calculator below and to the right to see the cost and benefit details based on an average $150.86 electric bill in Caldwell County. Personalized results can be achieved by adjusting the $150.86 to your average bill amount.
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
$13,692
Savings from a 6kWthis system
Est. yearly production 8,826 kWh
Est. monthly savings $96
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 5.37 tons a year
Equivalent to planting 247 trees a year
Equivalent to driving 13,301 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,339 a year
Est. Price
$15,974
Savings from a 7kWthis system
Est. yearly production 10,297 kWh
Est. monthly savings $112
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 6.27 tons a year
Equivalent to planting 288 trees a year
Equivalent to driving 15,518 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,530 a year
Est. Price
$18,256
Savings from a 8kWthis system
Est. yearly production 11,768 kWh
Est. monthly savings $127
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 7.17 tons a year
Equivalent to planting 329 trees a year
Equivalent to driving 17,735 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,721 a year
Est. Price
$20,538
Savings from a 9kWthis system
Est. yearly production 13,239 kWh
Est. monthly savings $143
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 8.06 tons a year
Equivalent to planting 370 trees a year
Equivalent to driving 19,952 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,912 a year
Est. Price
$22,820
Savings from a 10kWthis system
Est. yearly production 14,710 kWh
Est. monthly savings $151
Full payback in 13 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
Caldwell County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. To see if you qualify, use our REAP Grant eligibility tool.
For those considering residential solar, the 30% federal income tax credit is offered to nearly everyone, making solar power a good investment in many parts of the country. A range of state and local initiatives are offered to support the use of solar energy.
There are 13 solar rebate and incentive programs currently available in Missouri by multiple utilities and government bodies.
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 Caldwell County, MO?
If you're intending to stay in your home past the period required to pay back your solar investment, opting for solar panels is a smart decision in Caldwell County. A 5 kW solar system in Caldwell County, MO could potentially save you $24,796.4 over the course of 20 years, with the break even point averaging at 6 years.
The cost of not having solar panels in Caldwell County, MO
The absence of solar panels or an alternative energy backup means that you miss out on the savings mentioned earlier and depend on your electric utility for electricity. The news has given several examples highlighting that full reliance on your utility isn't always the best idea.
Customers in Caldwell County have experienced an average of 0.67 utility outages per year in recent times. Usually, outages have an average duration of 83.17 minutes. However, during critical events like winter storms, grid management errors, or wildlife damage, these times can extend dramatically.
View the component below to see the number of current electricity customers without power in Caldwell County.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Caldwell County.
What impacts the cost of solar panels in Caldwell County, MO?
Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt drops as the size of the system expands. Installing a solar system that generates sufficient electricity to eliminate their electric bill is beneficial to most consumers, leading to savings.
Make & Model - There are numerous brands and models of solar panels and mounting equipment. Since your installer may prefer particular systems, it's important to choose a highly rated company. Opting for higher quality equipment generally provides a more satisfying long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's easy to see why. They are associated with a higher price, but they provide more energy. The majority of solar panel installers prefer this kind of material.
Your Property - Each property and residence is unique. Issues such as trees, uneven landscapes, or additional challenges may add to the complexity of the installation. Solar installers currently have the ability to utilize satellite images to evaluate your home and incorporate these elements in the initial cost estimate.
Labor Rates - The wage differences between companies result in costs that are passed on to the consumers. Businesses frequently receive higher reviews for their services and customer service when they pay higher wages.
Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will affect your final installation price. Reliable local installers will build these figures into your initial estimates to avoid any surprises.
See what solar panels cost in other Caldwell County cities
Solar systems for selling electricity back to the grid.
Caldwell County, MO Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Caldwell County, MO is $3.26/W. The installation of a 5 kW solar panel system in Caldwell County, MO will cost about $11,410 after federal tax credits.
Various utility providers and government organizations in Missouri are offering 13 rebates and incentives at this time. Additionally, the vast majority qualify for the 30% federal tax credit.
Choosing to pay cash offers the most savings, but today there are many financing options for solar panels that are also financially advantageous. Information about financing options will often be included in your initial quotes by many installers.
Yes, in Caldwell County, MO, the average payback period for 5 kW solar panels is 6 years, resulting in average electricity savings of $24,796.4 over 20 years.
Savings from 
Environmental Impacts 
