As energy prices fluctuate and homeowners look for ways to cut costs, solar power continues to prove itself as the most affordable and reliable energy source. According to the latest data from Lazard, onshore wind and solar photovoltaics (PV) are among the cheapest sources of electricity in 2024—even without government subsidies. For homeowners in Missouri and Illinois, this means there's never been a better time to make the switch to solar with SunSent Solar, the region's trusted expert in solar installations.
The latest research highlights that solar PV costs as little as $6 per megawatt-hour (MWh) with subsidies and $29 per MWh without. Even when paired with battery storage, solar remains a cost-effective solution. Compare this to coal, which costs between $69–$168 per MWh, and natural gas peaking plants, which can cost as much as $228 per MWh.
Additionally, solar PV has seen an 83% cost reduction since 2009, proving that technological advancements and increased adoption continue to make solar the best investment for homeowners looking to save on electricity costs.
Energy costs can vary by region, and here in Missouri and Illinois, utility rates continue to climb due to aging infrastructure and fluctuating fuel prices. By installing a solar system with SunSent Solar, homeowners can lock in their electricity rates and protect themselves from unpredictable energy inflation.
Net metering policies in Missouri and Illinois also allow homeowners to earn credits for excess solar energy sent back to the grid, further offsetting energy costs. And with the growing demand for electric vehicles (EVs), pairing solar with an EV charger can maximize energy savings and reduce reliance on fossil fuels.
As the leading solar installer in Missouri and Illinois, SunSent Solar provides customized solar solutions tailored to each homeowner’s energy needs. From system design to installation and ongoing support, we make the transition to solar seamless and hassle-free.
By choosing solar, you're not only reducing your electricity bills but also contributing to a cleaner, more sustainable future. With competitive pricing, financing options, and expert service, SunSent Solar is here to help you make the smartest energy investment.
Ready to take control of your energy costs? Contact SunSent Solar today for a free consultation!
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