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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/wgsi/public_html/wp-includes/functions.php on line 6114There’s no denying that the cost of electricity is on the rise. According to the US EIA, the average price of electricity in MO paid by residential customers was 11.26 c\/kWh, which is already up from last year. At those rates, Missouri families and individuals pay an average of $115.60 per month, or $1,387.20 per year. As resources become more scarce and the federal government continues to push for a switch to renewables, relying on power generated by fossil fuels will only become more impractical.<\/p>\n\n\n\n
Solar power provides an excellent solution. Energy Sage cites the average cost of solar panel installation in Missouri as between $12,240 and $16,560. While that may sound like a lot of money, it’s important to remember that you’ll be paying for all the power you need upfront. Once your solar array and battery bank are hooked up, you won’t have to worry about a thing when it comes to electrical costs.<\/p>\n\n\n\n
Don’t believe that making the switch to solar is worth it? Let’s take a look at the numbers. We’ve already established that the average Missouri family pays almost $1,400 per year for electricity and that the cost of installing solar panels is around $13,000. The thing is, the average lifespan of residential solar arrays is between 25 and 30 years, which means you’ll be paying for all the power you need for decades at once.
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If you spread even a $16,500 bill, which would be on the high end of what to expect in terms of cost, out over 25 years, you’d only be paying $660 per year, or $55 per month, and remember, that’s on the conservative end of what to expect. When you find a company that provides high-quality panels and installs them for less, you could expect to pay as little as what would amount to $433.00 per year or $36.00 per month were you to pay the bill monthly as you would with municipally provided electricity.<\/p>\n\n\n\n
By now, it should be clear that solar power is the more economical choice. Your next step if you want to start taking advantage of those impressive savings is to find a reputable company that uses high-quality materials and expert labor but doesn’t charge an arm and a leg. The good news is that we’ve done your work for you, so all you have to do is check out the top providers in your area listed below.<\/p>\n\n\n\n