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Solar Tax Credits, Incentives and Solar Rebates in Missouri

Latest Update:

by Simone Garneau

State Seal of MissouriSolar Energy OutlookState Flag of Missouri

Summary Data for MO

State Capital Jefferson City
Solar Value Index $808
Solar Energy Produced 7,220 kWh / year
Average retail electricity price (as of December 2017) 11.19 cents / kWh
Average annual consumption per household (2015 data) 12,401 kWh
Levelized Cost of Solar Electricity 7.76 cents / kWh
Reached grid parity? Yes

The Show Me State runs on fossil fuels: nearly 85% of the state's electricity generation is fueled by coal. The rest is produced using a mix of nuclear, natural gas and very small amounts of renewable energy. However, these stats don't tell the whole story. There is hope for renewable energy in Missouri in the form of a Renewable Portfolio Standard that sets a 15% target of renewables in the state's electricity mix by 2021. Even better, a portion of this target is reserved for solar PV systems.

At 11.19 cents/ kWh, the electricity prices in the state are below the national average of 12.81 cents / kWh. When it comes to average electricity consumption per household, residents of this state consume 12,401 kWh per year, above the national average of 10,836 kWh.

Currently, Missouri has 9 financial incentive programs and 8 regulatory programs supporting the adoption of solar energy. Unfortunately, Missouri does not offer a state income tax credit.

Missouri is a grid parity state, making solar power cheaper than the residential utility rates. Especially when used in combination with the 30% federal solar tax credit, the incentives listed below can significantly reduce the cost of installation of solar panels for your home or business.

List of Solar PV Incentive Programs in Missouri

Financial Incentives

Regulatory Policies

Methodology Notes

  • Average electricity consumption data is from the U.S. Energy Information Administration.
  • Average retail electricity price is from the Electric Power Monthly report of the U.S. Energy Information Administration.
  • Solar Value Index is based on the analysis performed using our own solar energy calculator, Sunmetrix Discover.
  • The estimated lifetime of solar panels is 25 years for the purposes of calculating the Levelized Cost of Electricity (LCOE).
  • State incentives list is compiled from the Database of State Incentives for Renewables and Efficiency maintained by the N.C. State University.

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Written by Simone

Simone Garneau is the co-founder of Sunmetrix, an online consumer education website for residential solar energy. The goal of Sunmetrix is to help homeowners go solar and save money. In addition to the 200+ articles about solar energy, Sunmetrix offers homeowners two other great resources: a Consumer Report for solar energy, and Discover, to preview solar energy for your home.
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Sunmetrix is a Canadian winner of the business innovation contest organized by the U.S. Department of Energy

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