Tax Credits and
Solar Rebates
30%
Federal
Tax Credit
No Limit
30% full tax credit of the cost of the entire Solar Water Heater or PV system.
Residential Renewable Energy Tax Credit
A tax payer may claim a credit of 30% of qualified expenditures on a residential solar system.
Business Energy Investment
Tax Credit
The credit is equal to 30% of expenditures, with no maximum credit.
Solar Rebates, Grants and Loans In Missouri
Ameren UE Rebate
The rebate is set at $.25 per DC watt
Empire Electric Rebate
The rebate is set at $.50 per DC watt
City of Columbia PV or Solar Water Heater Rebates
The PV rebate is set at $.50 per DC watt
City of Columbia Solar Energy Loans
Columbia Water and Light offers electric residential and commercial customers low interest loans for photovoltaic
Modified Accelerated Cost Recovery Systems (MACRS):
USDA – Rural Energy for America Program (REAP) Grant
The Rural Energy for America Program (REAP) provides financial assistance to agricultural producers and rural small business in rural America
USDA – Rural Energy for America Program (REAP) Loan Guarantees
The Rural Energy for America Program (REAP) provides financial assistance to agricultural producers and rural small business in rural America
FHA Power Saver Loan
FHA offers three financing options for homeowners to make energy efficiency and renewable energy upgrades in their residences.
Missouri Net Metering
Missouri Net Metering
Customer net excess generation (NEG) during a given month is credited to the customer’s next bill at a rate at least equivalent the utility’s avoided-cost rate. Credits expire 12 months after issuance without compensation.
Property-Assessed Clean Energy (PACE) Financing Program
PACE Financing Program
PACE financing effectively allows property owners to borrow money to pay for energy improvements.
Missouri Show Me PACE Program
Missouri’s Renewable Energy Standard
In November 2008, voters in Missouri approved by a ballot initiative the Missouri Clean Energy Act, also known as Proposition C, which repealed the state’s existing voluntary renewable energy and efficiency objective and replaced it with a mandatory renewable portfolio standard (RPS). The RPS requires investor-owned utilities to use eligible renewable energy technologies to meet 15% of annual retail sales by 2021.
Proposition C
