Did you know the average electric bill in Missouri is $108 a month?
Compared to other bills you may have it may not seem too expensive. But, don’t you want to save money? Keep reading our article to see how you can potentially lower your electric bill by using solar energy to power your home.
The Average Electric Bill in Missouri: Electric vs. Solar Energy Systems
So, what’s your best option for lowering the cost?
Well, there are many ways to save money on your electric bill with solar panels. The benefits of installing solar panels at your home are bountiful. Not only will you save on your monthly bill, but some states, Missouri included, offer rebates and cash incentives for solar panel installation. You could see:
- A 26% federal tax credit
- $0.25/W rebate from local utility
- An increase in your home’s overall value
- Long-term payment plan options to lower the up-front cost
How Practical Is Solar Energy?
You may still have some questions about practical solar power is. On average, Kansas City sees about 216 sunny days a year. During these days, a properly placed solar panel can absorb energy for up to 12 hours a day.
That is more than enough to power your home through cloud-heavy or stormy days. While solar panels do not absorb as much energy on cloudy days and do not take in energy at night, the energy already stored will power you through.
By using solar energy to heat your water and power your home, you can avoid having to shell out extra money when the costs of heating oil or gas spike.
If the cost of installing solar panels is troubling you, don’t worry. Financial incentives and tax credits can reduce your bill and we allow you to pay off your residential solar system over 15-20 years. Commercial properties can finance their solar systems for up to 20 years as well.
The cost of solar panel installation is typically around $3 per watt (or <$2/W for commercial installations). Depending on your daily energy needs, you can expect to pay around $12,000 (after tax credits and rebates).
We also provide a 25-year warranty on all solar energy system components.
Time to Save
We hope this article has opened your eyes to the benefits of solar power systems. If you still need more convincing, look to see how your energy bill compares to the average electric bill in Missouri. Chances are, you could be saving a lot of money with solar energy.
Our experts are ready to answer any questions you may have about solar panels and your property. Contact us here for a free quote!