Solar Financing Options in Missouri
Compare the best ways to finance a solar installation in Missouri. Based on average local electricity costs of 14¢/kWh and a typical monthly bill of $145, here is how each financing option stacks up over 25 years.
System Cost
$20,900
After Credits
$14,630
Federal Credit (30%)
$6,270
State Credit
N/A
Financing Calculator for Missouri
Net after credits: $14,630
| Method | Monthly Cost | Upfront Cost | 25-Year Total | 25-Year Savings | Own System |
|---|---|---|---|---|---|
Cash PurchaseBest Value | $0/mo | $14,630 | $18,380 | $45,967 | Yes |
Solar Loan | $109/mo | $0 | $26,929 | $33,669 | Yes |
Solar Lease | $116/mo | $0 | $50,090 | $12,854 | No |
Power Purchase Agreement | $135/mo | $0 | $40,454 | $22,490 | No |
Cash Purchase
Best ValueMonthly
$0
Upfront
$14,630
25-Year Total
$18,380
25-Year Savings
$45,967
Solar Loan
Monthly
$109
Upfront
$0
25-Year Total
$26,929
25-Year Savings
$33,669
Solar Lease
Monthly
$116
Upfront
$0
25-Year Total
$50,090
25-Year Savings
$12,854
Power Purchase Agreement
Monthly
$135
Upfront
$0
25-Year Total
$40,454
25-Year Savings
$22,490
Estimates based on average electricity costs in Missouri. Actual savings vary based on system size, energy usage, and local utility rates. Loan calculations assume fixed-rate financing. Consult a solar advisor for a personalized quote.
Understanding Your Financing Options in Missouri
Cash Purchase
Pay upfront after tax credits and own your system outright. This option delivers the highest long-term savings since there are no interest payments. Your net cost in Missouri is $14,630 after all credits.
Solar Loan
Finance your system with $0 down and own it from day one. Monthly loan payments are often lower than your current electricity bill. Typical loan terms in Missouri range from 10 to 25 years.
Solar Lease
Lease a system with no upfront cost and pay a fixed monthly amount that is typically 20% less than your current bill. The installer owns and maintains the system for the 25-year term.
Power Purchase Agreement (PPA)
Pay only for the energy your panels produce at a rate lower than the utility. No upfront cost and no maintenance responsibilities. A great option if you want guaranteed savings with zero commitment.
Best Value in Missouri: Cash Purchase
Based on average electricity costs, the cash purchase option offers the highest 25-year savings of $45,967 for homeowners in Missouri. Adjust the calculator above to see how different interest rates and loan terms change the comparison.
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Our solar advisors can help you find the perfect financing option for your Missouri home. Compare real loan rates, lease terms, and PPA offers — all in one free consultation.
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