Solar Panel Incentives Missouri

Federal investment tax credit itc.

Solar panel incentives missouri. The energy you generate pays off as credits on the following month s energy bill but unfortunately excess. Missouri solar power overview. The solar rebate program arises from proposition c a november 2008 ballot initiative that established a renewable portfolio standard rps in missouri and required the state s investor owned utilities to offer solar rebates for new or expanded systems that became operational after december 31 2009. In addition to getting discounts and rebates on the cost of your solar installation all solar homeowners in missouri are exempt from property tax increases that result from installing solar panels on their home.

Missouri has a solar carve out albeit a tiny one of 2 of the rps which means only 0 3 of all electricity generated in the state. Solar property tax exemption. Solar financial and regulatory rebates and incentives available in the state of missouri from state. A solar carve out means that of the total amount of energy that must come from renewable power a certain percentage must come from solar panels.

What are the best financial incentives to go solar in missouri. In may 2008 the general assembly enacted s. Missouri has more than 200 sunny days per year for an average of 4 5 to 5 0 kilowatt hour per square meter per day according to the u s. Missouri s solar resources actually exceed those of germany which leads the world in solar energy production on less than.

Department of energy s national renewable energy laboratory s nrel solar maps.