Solar Savings Calculator for Independence, MO

Homeowners in Independence pay an average of $138/month for electricity through Evergy. With 4.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$138
Avg Monthly Bill
14¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$43,042
Est. 25-Year Savings

Calculate Your Savings in Independence

Adjust Your Details for Independence, MO

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$20,900
Federal Tax Credit (30%)
-$6,270
Net Cost
$14,630
Annual Savings
$1,656
Payback Period
8.8 years
25-Year Savings
$43,042
Return on Investment
294%

* Estimates based on 4.5 peak sun hours/day in Independence, MO, system cost of $2.75/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Independence

Utility & Permits

Utility Company
Evergy
Permit Cost
$275
Permit Timeline
2-3 weeks
Net Metering
full

System Estimates

Recommended Size
7.6 kW
Panel Count
19 panels
Gross Cost
$20,900
Net Cost (after credits)
$14,630

Available Incentives for Independence, MO

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Missouri SREC Program

SRECs through Missouri's renewable energy standard.

$10-30 per SREC

Other Cities in Missouri

More Solar Tools for Independence

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