Missouri solar power incentives

Does Missouri offer incentives to switch to solar power?

Missouri offers incentives and policies to make the switch to solar power more affordable. We’ll walk you through various ways to increase your energy savings in the Show-Me State, including tax credits, rebates, and performance-based incentives.

Does Missouri offer a solar rebate or tax credit?

While Missouri does not offer any tax breaks, it does have several solar rebate incentives. You can also apply for a low-interest solar loan if you cannot pay for your system out-of-pocket. Several local power companies in Missouri offer solar rebate programs for their customers.

Can a Missouri homeowner get a solar tax credit?

As a Missouri homeowner, you have access to some great incentives that can substantially improve your return on investing in solar panels. The federal solar tax credit is one of the most impactful ways to bring down your solar costs.

Are solar panels a good investment in Missouri?

Solar panel systems in Missouri are expensive, but incentives from the state and federal governments can help you reduce the upfront cost. Between the federal tax credit and other state-specific incentives, you can save thousands on solar panels, making them well worth the investment.

What are the best solar panel incentives in Missouri?

If you connect your solar panel system to the grid, you can benefit from net metering, one of the best solar panel incentives available in Missouri. With net metering, you earn credits when you send excess electricity from your solar panels to the grid.

How much does a 5 kW solar system cost in Missouri?

The Residential Clean Energy Credit, formerly known as the federal investment tax credit (ITC), can reduce your solar panel system's cost by 30%. Your entire system qualifies for this incentive, including equipment, labor, permitting, and sales tax. The average cost for a 5 kW solar panel system is around $14,461 in Missouri.