Solar Panel Cost Guide in Jefferson City, MO (Sep 2022)

  • Jefferson City Solar Installation Cost: $13,108
  • 25-Year Savings: $19,903
  • Payback Period: 9.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Jefferson City

Find out how much it might cost to make the switch to solar in Jefferson City.

The average cost of solar panels in Jefferson City is $3 per watt. The average solar panel system size in Jefferson City is around 7.2 kilowatts, meaning a cost of about $13,108 for a solar installation, or $9,700 after the 30% federal solar tax credit is applied.

The true price you pay can be higher or lower than the average in Jefferson City depending on several factors, such as the brand of solar panels you choose and the solar installer you hire. With average savings of about $17,000 on electricity bills over 20 years, many homeowners in Jefferson City find going solar has a decent ROI.

To get a free quote from a top solar installer in Jefferson City, you can click the button below.

Solar savings over time in Jefferson City

Year Return on Investment
1 years $-11,788
3 years $-9,147
5 years $-6,506
7 years $-3,865
9 years $-1,224
11 years $1,417
13 years $4,058
15 years $6,699
17 years $9,339
19 years $11,980
21 years $14,621
23 years $17,262
25 years $19,903

Top Solar Installers in Jefferson City

When going solar, many homeowners choose to hire a solar installation company since installing a solar system yourself can be a time-consuming project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.

If you'd like to start using solar energy but still aren't certain which solar system installer to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Jefferson City

Factors that Affect Solar Panel Costs in Jefferson City

For many Jefferson City homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Jefferson City, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

When it comes to estimating the price of a solar energy system in Jefferson City, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past energy bills. Your total cost can increase by around $2,590 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Jefferson City homeowners opt to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.

Solar Panel Installation Company

Lastly, the company you hire to install your solar system can impact your pricing. Jefferson City's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.69 $11,313 $16,093 10.3 years
8 kW $2.64 $14,794 $21,748 10.1 years
10 kW $2.59 $18,130 $27,547 9.9 years
12 kW $2.54 $21,321 $33,492 9.7 years
14 kW $2.49 $24,367 $39,581 9.5 years
16 kW $2.43 $27,268 $45,816 9.3 years
18 kW $2.38 $30,023 $52,196 9.1 years
20 kW $2.33 $32,634 $58,720 8.9 years

Solar Incentives in Jefferson City

Name Empire District Electric - Solar PV Rebates
Website Visit here
More Info Click here

Name Solar Property Tax Exemption
Incentive Amount 100% exemption
More Info Click here

Name Wabash Valley Power Association (28 Member Cooperatives) - Residential Energy Efficiency Program
Website Visit here
More Info Click here

Name Ameren Missouri (Electric) - Residential Heating and Cooling Energy Efficiency Rebate Program
Website Visit here
More Info Click here

Name Local Option - Clean Energy Development Boards
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a large number of companies available in Jefferson City, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
  • Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
  • Solar Panel Brands: Different companies have various brands and models of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Jefferson City, MO Solar Cost FAQs

What is the average cost of installing solar panels in Jefferson City?

This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $12,950 for a 5-kW system and $25,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Is it better to lease or buy solar panels in Jefferson City?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

How will having solar panels impact how much my home is worth?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jefferson City is currently $159,659, so you can look forward to a value of about $6,546 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jefferson City is a worthwhile investment.

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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