Solar Panels Cost 0k-0k in Daviess County, MO | December, 2024

Solar Panels Cost $0k-$0k in Daviess County, MO | December, 2024

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How much do solar panels cost in Daviess County, MO in 2024?

Going solar in the month of December, 2024 in Daviess County, MO averages out to $0/W.

According to this rate, we are able to conclude that for every 1 kW (1000 watts) your solar system can generate you will spend $0 to have your solar system installed. A 5 kW solar panel system in Daviess County is typically about $0 after accounting for the 30% federal income tax credit. Don't forget, a higher capacity system may be essential to meet your energy needs.

On the left-hand side, you can pick your county to determine the average roof size and the maximum capacity for solar panel systems in residences in your area. Below is a full breakdown of the price, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Daviess County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Daviess 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.
Daviess County: $34,879US Average: $16,152

Solar Potential in Daviess County

Estimated system size and solar electricity production per median viable roof in
Daviess County.

Roof size 778sq. ft.
Capacity 10.88kW DC
Electricity 13.5kkWh AC per yr.

Electricity Costs in Daviess County, MO & What that Means for Your Solar Panel Pricing

The average electricity bill for a Daviess County resident is 145.33, with a monthly consumption of 1,064 kWh. Apartments and other smaller living spaces with lower energy demand are covered in this figure.

Daviess County, MO's electricity rate is on average 13.66¢ per kWh in December 2024.

You'll spend $0 on a 9 kW setup after including the 30% federal income tax credit in your calculations.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Daviess County

Shown on the left, you will find a price breakdown for different solar panel system sizes installed in Daviess County. Even though a more extensive solar installation does come with a greater cost, it also brings increased electricity savings and more substantial income tax credits.

The breakdown of costs and benefits for solar panels, shown in the calculator below and to the right, is based on an average electric bill of $145.33 in Daviess County. If you want personalized results, modify the $145.33 to your usual electricity bill amount.

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 4.99 tons a year
  • Equivalent to planting 229 trees a year
  • Equivalent to driving 12,348 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 5.99 tons a year
  • Equivalent to planting 275 trees a year
  • Equivalent to driving 14,817 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 6.98 tons a year
  • Equivalent to planting 321 trees a year
  • Equivalent to driving 17,287 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 7.98 tons a year
  • Equivalent to planting 367 trees a year
  • Equivalent to driving 19,757 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 $145
  • 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

Daviess County Solar Panel Installation Incentives & Rebates | 2024

Rural farmers and small business owners could have between 80% and 100% of their solar energy or wind turbine installation expenses covered by the REAP Grant. Believe you might qualify? Use our REAP Grant eligibility tool to check your eligibility.

For residential solar projects, almost everyone people are eligible for the 30% federal income tax credit, which makes solar a practical solution in many parts of the country. Moreover, many regional programs are intended to encourage more people to adopt solar power.

A total of 13 solar rebates and incentives are available in Missouri through different utility companies and government agencies.

Solar incentives in MO

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 Daviess County, MO?

If you're expecting to live in your home past the solar system's payback period, solar panels are a smart decision in Daviess County. A 5 kW solar system in Daviess County, MO might save you an average of $34,879.2 over 20 years, with the break even point usually being 0 years.

The cost of not having solar panels in Daviess County, MO

Without solar panels or another backup power source, you lose out on the previously noted savings and are fully dependent on your electric utility for electricity. Full reliance on your utility company is not always ideal, as recent media examples have demonstrated.

Generally, customers in Daviess County encounter around 0.74 outages. On average, an outage lasts 91.15 minutes. Major events such as vandalism, aging infrastructure or winter storms can significantly extend these time frames.

See the info below to see the number of current electricity customers without power in Daviess County.

Even without a backup battery, a solar panel system could ease the burden of possible future power disruptions you may encounter.

Power Outages

Currently, 0 customers are being tracked in Daviess County.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

What impacts the cost of solar panels in Daviess County, MO?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size grows. It is often advantageous for homeowners to install a solar system that can make enough electricity to offset their electric bill, which results in significant savings.

Make & Model - There are a range of makes and models of solar panels. As the installer might have specific brand preferences, it's important to choose a highly rated installer. Consumers who opt for better materials usually enjoy a more favorable long-term experience.

Solar Panel Type - For valid reasons, monocrystalline panels have become the standard in the industry. They come with a higher price but are more energy-efficient. Many solar panel installers use panels made of this material.

Your Property - Elements like trees, sloped land, or other considerations might complicate the installation process. Many solar installers now are able to use satellite imagery to assess your home and factor in these aspects in the first cost estimate.

Labor Rates - The pay that various companies offer their employees are different, and these costs are transferred to the consumers. Companies that pay higher wages frequently garner higher reviews for their services and customer service.

Permitting & Interconnection - The cost of your installation will be affected by the local permitting and utility interconnection fees, which differ depending on the area. Reliable installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other Daviess County cities

    Go Solar for less than your cell phone bill.

    Who are the best solar installers in Daviess County?

    Academy Energy Group

    Newburgh, IN(812) 518-2150

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.

    SunVest Solar

    Pewaukee, WI(262) 547-1200

    Services

    • Installation of solar arrays.
    • Expertise in consulting on advantageous financing for solar.

    Cromwell Solar

    Lawrence, KS(785) 371-1429

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Auditing of energy requirements for independent energy generation.
    • Solar systems for selling electricity back to the grid.

    SunPro Solar

    Mandeville, LA(866) 599-3643

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Power Home Solar

    Mooresville, NC(704) 870-3670

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Dividend Finance

    Cincinnati, OH(415) 805-7000

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.

    Palmetto Solar

    Charleston, SC(855) 339-1831

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.

    SunPower Corporation

    San Jose, CA(800) 786-7693

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    AmpXR

    Gladstone, MO(913) 387-9474

    Services

    • Installation of solar arrays.
    • Solar systems for selling electricity back to the grid.

    Harvest Solar

    Jackson, MI(888) 907-6527

    Services

    • Installation of solar arrays.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Air & Water Solutions

    Columbia, MO(573) 875-1354

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Reparation of batteries.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.

    Sunnova Energy

    Houston, TX(866) 786-6682

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Reparation of batteries.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    GRNE Solar

    Palatine, IL(312) 859-3417

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Sigora Solar

    Charlottesville, VA(434) 465-6192

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.

    Entegrity

    Little Rock, AR(800) 700-1414

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Ideal Energy

    Fairfield, IA(800) 634-4454

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    City Electric Supply

    Dallas, TX(866) 634-9853

    Services

    • Installation of solar arrays.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Expertise in consulting on advantageous financing for solar.

    Solar Design Studio

    Platte City, MO(816) 607-1349

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Reparation of batteries.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    LightEdison

    Denver, CO(888) 966-6377

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Reparation of batteries.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Empire Solar Group

    Salt Lake City, UT(800) 467-4562

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Solar systems for selling electricity back to the grid.

    Daviess County, MO Solar Panel Cost FAQs

    • The typical cost per watt for solar panels in Daviess County, MO as of December, 2024 is $0/W. The approximate cost of a 5 kW solar panel system in Daviess County, MO, after deducting federal tax credits, is $0.
    • Residents of Missouri can currently take advantage of 13 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.
    • Even though paying cash provides the most savings, there are now several financing options for solar panels that also are financially sensible. Installers will often include details on financing partners in the quotes they provide initially.
    • Yes, the average 5 kW solar panel payback period in Daviess County, MO stands at 0 years, yielding average electricity savings of $34,879.2 over 20 years.
    King Manalo
    Last Reviewed By: King Manalo
    Published: 2024-12-08