Solar Panel Programs In Missouri

As part of the neighborhood solar program made possible by a law passed by the missouri general assembly in 2018 ameren missouri will install solar generation facilities in parking lots on roofs and in available open spaces across the state.

Solar panel programs in missouri.

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. While some programs have been set up to help guide missouri to increased solar power usage the state still has a ways to go to catch up with some of its neighbors. We currently have funds available for solar rebates in 2020 at 0 25 watt. By 2020 11 percent of missouri s energy needs are to be met by renewable sources but the legislature has not determined which sources will count toward this goal.

Missouri has what basically amounts to a statewide rebate program for solar installations because several of the state s largest electric utility companies offer rebates for their customers. Ideal partners in this program are non profit organizations schools institutions or other non residential locations that act as a gathering spot in the community. 1 2018 includes 28 million in solar rebates for customers in addition to investing 14 million in company owned solar generation by 2023. Missouri s solar resources actually exceed those of germany which leads the world in solar energy production on less than three kwh per square meter per day.

Here s what s available for homeowners in missouri. Nrel s pvwatts is a great program for determining the solar resource at your location and the expected energy output of a solar pv system. 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. The costs and savings for a 5 kw pv system in missouri can be broken down as follows.

Solar incentives rebates and tax credits available in missouri in 2020 the most significant incentive to install solar panels for homes and businesses is the federal solar tax credit. At the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation. Solarreviews top 10 residential installers in missouri. Federal investment tax credit itc of course every solar homeowners benefits from the federal solar tax credit offered nationwide.

Several local utilities offer a rebate of 500 kilowatt which means your project will cost 2 500 less bringing down the upfront investment to 16 500. The installed cost of a 5 kw solar pv system in missouri is around 19 000. Overview solar wind hydroelectric landfill and natural gas nuclear. Site specific solar access in missouri depends on installing the system so it is not shaded by trees or other buildings.

This more than 12 acre facility houses 11 500 ground mounted solar panels and produce 4 700 mwh of green energy each year enough to power nearly 440 homes. This list is continuously updated as new reviews come in. The below results are based strictly on customer satisfaction.