In addition to being known for its stunning Gateway Arch and championship-caliber baseball team, St. Louis is gaining recognition for its impressive solar energy incentives. Going solar in Missouri is cheaper now than ever before thanks to the quality solar incentives in the Show Me State. Learn more about solar in Missouri and why it’s the best way to supply energy to your home.
Great utility-offered solar energy rebates in Missouri
Homeowners in Missouri have access to a variety of solar energy rebates from their utility, including:
Columbia Water & Light solar rebate
Utilities are required to meet a certain Renewable Portfolio Standard (RPS) and want to encourage Missouri homeowners to go solar, bringing a chance for solar shoppers to collect some significant cash. Any solar homeowner who is a customer of Columbia Water & Light can get a payment of $500 per kilowatt (kW) of solar power generation capacity (up to 10kW).
Kansas City Power & Light solar rebate
Net metered solar households supplied by Kansas City Power & Light can receive a rebate payment of up to $1 per watt of solar power installed on their home. The payment rates of this rebate program vary based on your application date, so make sure to check with the utility to confirm your eligibility.
Empire District Electric solar rebate
Empire District Electric customers are eligible for a major solar rebate. Depending on the solar installation date and rebate application date, customers in the utility’s territory can receive a solar rebate of up to $2/W.
What are the best financial incentives to go solar in Missouri?
Solar property tax exemption
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.
Federal Investment Tax Credit (ITC)
Of course, every solar homeowners benefits from the federal solar tax credit offered nationwide. Now that the solar ITC has been extended through 2021, any Missouri resident that owns his or her solar panel system through a direct purchase or loan can cut their solar installation costs by 30 percent when they cash in on this major benefit of going solar in the United States.