Best 5 Solar Companies in Springfield, MO

How To Choose the Best Solar Company in Springfield

The cost and efficiency of solar panels often rely on which company mounted them. Consider each of these aspects in your business search.

Licensing and Training

In Missouri, it's purely up to cities and counties issue contracting licenses. However, all contractors must register with the Missouri Secretary of State. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most trusted trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Springfield

Your solar modules' type will impact how much power you can generate. Monocrystalline panels are among the highest quality and perform the best but cost the most. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

Additional accessories, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar contractors include these optional components, so look for a provider that sells them if it's a priority for you.

You can expect to pay about $16,850 on average for a five-kilowatt solar energy system in Springfield. Use the table in this section to get an idea of the amount Springfield solar companies might quote for your specific solar system's price.

Financing Solar Energy in Springfield

Solar contractors offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar loans, power purchase agreements (PPAs), solar leases and cash payments. Though it requires a large up-front payment, cash is the most cost-effective choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the runner-up option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate determined by the energy you use, like an electric bill. We typically don’t recommend these two choices because you won't own the panels and cannot use solar incentives. Ask each business you're vetting about the payment options it offers. A salesperson can help you determine the most suitable option for your pocketbook.

The table below lists the average payback periods for different capacities of solar systems in Springfield.

You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, local governments and utilities may have their own financing plans and rebates that could reduce your total cost even more.