Typical customer: Close call

City of Hannibal and solar

City of Hannibal is a municipal utility serving about 7,673 homes in Missouri. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
14.7¢6% above Missouri average
Typical bill
$128871 kWh a month
Exports credited
~31%Avoided-cost export credit
Typical payback
15.1 yrs5.9 kW, cash

Export rules for City of Hannibal customers

Avoided-cost export credit (Missouri rule).

Missouri's net metering law nets usage and production within each monthly bill at full retail, but any net excess for the month is credited only at the utility's avoided fuel cost (a few cents/kWh), and unused credits expire after 12 months. Systems are capped at 100 kW.

Missouri net metering details

Solar for a typical City of Hannibal home

System5.9 kW (80% of 871 kWh/month)
Cost$17,365
First-year savings$1,209
Payback15.1 years
25-year net$12,932

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
20
Share of customers
0.3%
Residential solar capacity
0 MW
Residential customers
7,673

EIA-861, 2025.

Questions about City of Hannibal and solar

Does City of Hannibal have net metering?

City of Hannibal follows Missouri's rules: Missouri's net metering law nets usage and production within each monthly bill at full retail, but any net excess for the month is credited only at the utility's avoided fuel cost (a few cents/kWh), and unused credits expire after 12 months. Systems are capped at 100 kW.

How much does electricity cost with City of Hannibal?

Residential customers paid an average of 14.0¢ per kWh in 2025 (EIA), about 14.7¢ adjusted to 2026. The typical home uses 871 kWh a month, a bill of about $128.

Is solar worth it with City of Hannibal?

For a typical customer, solar is a close call: a 5.9 kW system costing about $17,365 pays back in about 15.1 years, with $12,932 net over 25 years.

How many City of Hannibal customers have solar?

About 20 homes had net-metered solar at the end of 2025, roughly 0.3% of residential customers (EIA-861).

Legal name: City of Hannibal - (MO) (EIA ID 8055). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.