The cost of solar panels in Greenwood, MO (2025)

Updated Jun 3, 2025

  • You'll pay an average of $15,162 to install a 5 kilowatt solar panel system in Greenwood, MO, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

Don't overpay for solar in Greenwood

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Written by:Emily Walker

As of June 2025, the average solar panel system costs $3.03/W including installation in Greenwood, MO. For a 5 kW installation, this comes out to about $15,162 before incentives, though prices range from $12,888 to $17,436. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Greenwood, MO

Good Price
$12,888 or less
Market Average
$15,162
High Price
$17,436 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Greenwood, MO state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $15,162 in Greenwood, MO, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Greenwood, MO

System Size
System Cost
System Cost (after ITC)
3 kW$9,097$6,368
4 kW$12,129$8,491
5 kW$15,162$10,613
6 kW$18,194$12,736
7 kW$21,226$14,859
8 kW$24,259$16,981
9 kW$27,291$19,104
10 kW$30,324$21,226

Are solar panels worth it in Greenwood, MO?

Solar panels are worth it in most areas, including Greenwood, MO. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $40,446 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in Greenwood, MO. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
11.8 Years
25-Year Savings
$40,446
Cost-per-Watt
$3.03

If you can't shell out $15,162 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2025
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in MO, here are some popular suggestions:

  • The Solar Guys
    Multi-state
    Established 2012
    Elite Installer
    - Voted #1 Solar Company of 2022 and 2023 by The Pitch - Longest standing solar company in Kansas City and Des M... 
    Elite Installer
    Screened & Verified
    5.0 /5.0
    33 Reviews

    - Voted #1 Solar Company of 2022 and 2023 by The Pitch - Longest standing solar company in Kansas City and Des M... 
  • Freedom Solar Pros
    Multi-state
    Established 2011
    Approved Installer
    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w... 
    Approved Installer
    Screened & Verified
    4.3 /5.0
    9 Reviews

    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w... 
  • JSunPV
    Multi-state
    Established 2018
    Approved Installer
    Your money buys more than just equipment at JSunPV. Start your personalized shopping experience today. We beg... 
    Approved Installer
    Screened & Verified
    4.9 /5.0
    14 Reviews

    Your money buys more than just equipment at JSunPV. Start your personalized shopping experience today. We beg... 
  • PowerSync Solar LLC
    Joplin, MO
    Established 2018
    Approved Installer
    -At Power Sync Solar, we like to get personal. We maintain a relationship with our customers after installation s... 
    Approved Installer
    Screened & Verified
    4.9 /5.0
    16 Reviews

    -At Power Sync Solar, we like to get personal. We maintain a relationship with our customers after installation s... 
  • Good Energy Solutions
    Multi-state
    Established 2007
    Approved Installer
    * Voted #1 Solar Company in Kansas City by The Pitch in 2024 * Designing and Installing Quality Solar since 2007... 
    Approved Installer
    Screened & Verified
    4.8 /5.0
    20 Reviews

    * Voted #1 Solar Company in Kansas City by The Pitch in 2024 * Designing and Installing Quality Solar since 2007... 

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Greenwood, MO.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Greenwood, MO. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

As of June 2025, the average solar panel cost in Greenwood, MO is $3.03/W. If you install a 5 kW system it will cost you between $12,888 to $17,436, with an average cost of $15,162.

Why shop with EnergySage?

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