Solar Panels Cost $0k-$0k in Chariton County, MO | December, 2024
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How much do solar panels cost in Chariton County, MO in 2024?
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During December, 2024, the current cost for a solar panel installation in Chariton County, MO was $0/W.
You should expect the cost to be $0, on average, for every 1 kW (or 1000 watts) of solar energy your panels can generate. You are able to come to this conclusion based on this rate price cost per watt above. When you deduct the 30% federal tax credit, a 5 kW solar panel system in Chariton County will cost you $0. Keep in mind that you may need a higher capacity system to adequately cover your energy consumption.
On the left side, choose your county to find the typical roof size and the maximum capacity of solar panels for homes in your area. Below, you can see an analysis of the price, 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.
Chariton County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Chariton 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.
Chariton County: $35,642US Average: $16,152
Solar Potential in Chariton County
Estimated system size and solar electricity production per median viable roof in Chariton County.
Roof size 778sq. ft.
Capacity 10.88kW DC
Electricity 13.5kkWh AC per yr.
Electricity Costs in Chariton County, MO & What that Means for Your Solar Panel Pricing
On average, Chariton County residents use 1,051 kWh each month, and the electric bill is 148.51. Compact homes, such as micro-apartments, are also included in the statistics noted in the previous sentence.
In December 2024, the average electricity rate in Chariton County, MO is 14.12¢ per kWh.
Initially, a 9 kW solar panel installation costs around $0, but with a 30% federal tax credit, this drops to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Chariton County
On the left and below, you'll find the pricing details for multiple sizes of the solar panel systems set up in Chariton County. A larger solar array will expectedly cost more, but it will also offer greater electricity savings and more substantial income tax credits.
The cost and benefit breakdown for solar panels, presented in the calculator down and to the right, is based on an average electric bill of $148.51 in Chariton County. Replace the $148.51 with your typical electricity bill to get customized results.
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 $1,030 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,355 kWh
Est. monthly savings $86
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.85 tons a year
Equivalent to planting 223 trees a year
Equivalent to driving 12,016 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,236 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,826 kWh
Est. monthly savings $103
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.83 tons a year
Equivalent to planting 268 trees a year
Equivalent to driving 14,420 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,442 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,297 kWh
Est. monthly savings $120
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.8 tons a year
Equivalent to planting 312 trees a year
Equivalent to driving 16,823 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,648 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,768 kWh
Est. monthly savings $137
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.77 tons a year
Equivalent to planting 357 trees a year
Equivalent to driving 19,226 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,853 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,239 kWh
Est. monthly savings $149
Full payback in 0 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
Chariton County Solar Panel Installation Incentives & Rebates | 2024
For rural agricultural enterprises and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. Believe you might be eligible? Use our REAP Grant eligibility tool to confirm your eligibility.
For those considering residential solar, the 30% federal income tax credit is available to nearly everyone, making solar power a good investment in numerous parts of the country. State and local efforts are also in place to further drive the growth of solar energy use.
A number of utilities and governmental agencies in Missouri provide 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 Chariton County, MO?
If you plan to live in your home beyond the time it takes to recoup your solar investment, installing solar panels in Chariton County is an good decision. Having a 5 kW solar system in Chariton County, MO can potentially save you around $35,642.4 over a span of 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Chariton County, MO
Forgoing solar panels or an alternative backup energy source results in you'll miss out on the savings highlighted above and be fully dependent on your electric utility for power. Recent news stories have shown that complete dependence on your utility is not always ideal.
Customers in Chariton County have encountered around 0.93 outages per year on average. Outages generally last for an average of 113.84 minutes. During major occurrences like earthquakes, construction accidents, or grid management errors, these times can extend significantly.
Take a look at the info below to see the number of current electricity customers without power in Chariton 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 Chariton County.
What impacts the cost of solar panels in Chariton County, MO?
Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt decreases as the system size increases. Individuals often find that installing a solar system that can replace their electric bill is highly beneficial. This strategy results in greater savings.
Make & Model - Similar to other industries, the solar energy sector features a range of solar panel and mounting equipment brands and designs. Considering the particular system preferences an contractor might have, selecting a highly rated company is critical. Superior quality makes and models generally lead to a more positive long-term experience for buyers.
Solar Panel Type - There are valid reasons why monocrystalline panels are now the industry standard. Although the cost is higher, they yield more energy. Many installers use these kinds of panels.
Your Property - No two homes or properties are the same. Elements such as trees, irregular terrain, or other challenges might complicate the installation process. Most solar installers today leverage satellite imagery to evaluate your home and include these factors into the initial cost estimate.
Labor Rates - The varied employee wages paid by companies cause costs that consumers eventually bearing . It is frequently observed that businesses with higher wages receive superior reviews for their services and customer service.
Permitting & Interconnection - Your final installation cost will be influenced by local permitting and utility interconnection fees, which change by area. Good installers will factor these costs into your first quotes to prevent unexpected expenses.
See what solar panels cost in other Chariton County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Chariton County?
Solar systems for selling electricity back to the grid.
Chariton County, MO Solar Panel Cost FAQs
The typical cost per watt for solar panels in Chariton County, MO as of December, 2024 is $0/W. The installation of a 5 kW solar panel system in Chariton County, MO will cost about $0 after federal tax credits.
Homeowners in Missouri can take advantage of 13 different rebates and incentives from a variety of utility companies and government agencies. Additionally, almost everyone is entitled to the 30% federal income tax credit.
Even though paying cash provides the most savings, there are now several financing options for solar panels that also are cost-effective. Installers typically partner with financing companies and will include this information into your initial quotes.
Yes, on average, the return on investment for 5 kW solar panel systems in Chariton County, MO is achieved in 0 years, with electricity savings amounting to $35,642.4 over 20 years.