Missouri Incentives

123SolarPower maintains a huge network of experienced solar power installation experts. With hundreds of professionals across the continent, we offer residents and businesses reliable access to the best renewable energy solutions on the market today. Our team is committed to providing top of the line solar panel installation Missouri, consultation, sales, and help finding unique solar energy systems that are sure to meet your needs. We save you money while decreasing your dependence on non-renewable energy. With professionals across the country rest assured when you need solar panels Missouri, we are ready to help you with all your solar needs. Check out our helpful solar FAQ for answers to some of those questions.

Solar Power Trends in Missouri

Missouri is noted as a national leader in solar power capacity, ranking 23rd in the country for top solar power states (based on new solar power capacity per capita). The state generated more than 10MW of total solar power capacity back in 2012, but with current advances in solar technology, policy, tax incentives that number is sure to grow in leaps and bounds in the coming years. In fact with all the various incentives and financing models solar is more affordable than ever, see if a financing option is right for you.

Solar power in Missouri is capable of providing more than 20% of the state’s energy, generating $14 billion in economic activity, and providing over 150,000 jobs. This is all supported by a 2008 law creating a renewable energy standard requiring state utilities to buy local renewable energy. This renewable energy legislation has not gone unchallenged, but as it currently stands, the average solar power system in Missouri saves residents between ten and twenty thousand dollars over a 20 year period, or about $60 a month. What’s more, Missouri is on the lower end of the national spectrum for the cost of installing a solar power system, so investing in solar is smart both in the short term as well as the long term. Our team covers all of Missouri, including the very popular areas for solar panels St Louis, solar panels Kansas City, and solar panels Springfield, MO. The savings start when you’re ready!

Missouri State Tax Incentives

Local loan programs such as EnergyWorks KC and St. Louis County’s Residential Energy Efficiency Loan Program provide low interest loans for solar power installations in Kansas City and St. Louis. Missouri provides personal tax deductions for home energy audits and energy efficiency improvements (such as solar power systems) amounting to a maximum of $1,000 per year per individual or $2,000 per joint tax filing. There is also a unique solar property tax exemption applicable to solar water and space heating, thermal electric, thermal process heating, and photovoltaic systems in Missouri. This excludes homeowners from paying increased property tax after installing solar. There is also a 100% sales tax exemption for most renewable energy products. Visit the SEIA today to find out all about Missouri's solar policies.

U.S. Federal Tax Incentives

The U.S. government provides competitive tax incentives to encourage residential and commercial use of renewable energies including solar power. A 30% investment tax credit is available through the Energy Policy Act of 2005. Investments in the installation and use of solar power systems such as photovoltaic systems, solar heating and cooling, and solar concentration technologies all qualify. This tax credit is in place through 2016 as part of the Energy Improvement and Extension Act of 2008, so any generated credit that exceeds your yearly income tax carries over to next year’s tax return. Filing for this tax credit is simple. You just fill out an extra form (IRS form 5695) and include it with your yearly tax return.

The savings from state, and federal support make now the perfect time to begin shopping for residential solar panels Missouri. With new legislation under review, and government backing, solar power in Missouri appears to be gaining ground fast.

Help For All Missouri Residents

Missouri uses 123SolarPower to buy solar panels Missouri, and for professional installation of advanced solar power systems. With access to high tech equipment and industry-leading experts, our team is ready to provide your home or business with the latest in solar power solutions. Interested in receiving a free estimate on installation costs? Simply fill out the form above or call us at 800-294-2397 to speak with a solar power expert who can walk you through the energy and financial savings available to you as you do your part to save the environment.

Frequently Asked Questions

When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.

Will solar panels benefit my home if I do not have constant access to the sun?

It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.

What incentives are available to me?

There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.

What is the difference between on the grid and off the grid?

On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.

While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.

Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.

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