With many key state and utility rebates expiring in 2023 and federal tax credits expiring in 2021, the best time to buy solar power in Missouri is now. Missouri residents have an alternative to the power grid - in the form of solar panels, wind turbines, and other renewable energy sources.
Ameren Missouri has launched a pilot program for community solar panels for people who are unable to install solar panels on their property but are interested in installing them and supporting local renewable energy production. Since January, more than 1,000 Missouri schools, colleges and universities have been enrolled in the Missouri Assessed Energy Efficiency Program (MEEP), which allows homeowners to make energy improvements and pay for them at the time of the property tax bill. The education program provides free services to schools that have installed solar power through a Missouri-based company. About 160,000 Missouri students enrolled in 75 districts, including Kirkwood, have benefited from a comprehensive solar energy education program offered by the energy company Brightergy.
Missouri has a lot of really cool solar projects going on right now, especially in St. Louis County and Kirkwood.
The solar panels use technology developed by Idaho-based Solar Roadways, which raised $2.2 million through a crowdfunding website in 2014. Missouri Sun Solar's sales team helps customers navigate and finance, and NABCEP - certified installer builds the system. The Energy Team Missouri designs, completes the formalities, helps the customer find the best financing options for his solar project in his region, and helps finance the installation, installation, and operation of a solar power plant in the Kirkwood area of St. Louis County, Missouri.
The Missouri Energy Team and Missouri Sun Solar sales team are in contact with the U.S. Department of Energy and the Federal Energy Regulatory Commission (DOE).
As a result, all three major state utilities in Missouri offer strong solar-related benefits. Missouri requires utilities to provide a net meter service, with the excess net generation credited to the next bill at a minimum cost to the utility. We recently launched a rebate scheme for private and small entrepreneurs who support renewable energy but have no room for solar panels.
StraightUp Solar estimates that Grow Solar has saved its residents an average of $760 a year over 25 years. The state solar tax credit beckons for solar panels that cost less than $20,000.
Residential properties in the St. Louis region can benefit from the Grow Solar STL program until 2020. A strong solar energy discount until 2020 is a great opportunity to reduce costs for people who are part of a community solar program, such as residents, businesses, schools, churches and schools.
In Missouri, the state's RPS guarantees growth in solar and renewable energy, and utilities are forced to provide financial incentives for solar to avoid heavy penalties. Columbia Water & Light, for example, provides a tax credit of up to $5,000 per kilowatt-hour for solar panels. One of the main incentives for installing solar panels on homes and businesses is the government's solar tax relief. Knowing how popular renewables are in the US and many other countries around the world, our federal government has in recent years created tax credits for people who want to install solar panels.
Energy suppliers have also realised how fantastic solar panels are and how much they can benefit everyone, but they are not the only ones.
By adding solar panels to businesses and homes, we can reduce demand for electricity from traditional non-renewable resources. Sometimes they are so powerful that there is more solar energy than your own house needs. Those who wait for solar energy in Missouri will save less, making solar a worthwhile investment. Given that the Trump administration imposed an import tariff on solar panels in 2018, it is hard to imagine that Missouri's solar-power prices will fall before 2021.
But the calculation of a premium for electricity does not reflect the current state of community solar systems, said Mark Schmitt, executive director of the Missouri Solar Energy Association. Convincing customers of the idea of communities using solar energy can be difficult, says Chris Schmitz, CEO of SolarCity, a company that manages community solar projects for utilities.
If you're interested in solar energy, like me, you should check out the Missouri Solar Energy Association's pricing page and find out how to clean free solar panels. If you also want to see live pricing and receive tied offers from solar companies, use our Missouri Solar Panel Calculator (see above). Visit Ameren's Community Solar website to see the latest solar prices for community solar panels in your area and find out more about how to participate in the community solar program. We offer turnkey solar solutions so that we can easily switch to clean, green solar energy.
You can support the work of MCE by playing your part in investing in the clean energy future we need by switching to solar energy.