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Did you know Missouri has over 200 sunny days each year? That’s an average of 4.5-5.0 kWh per square meter per day.1 It’s also more sun than Germany sees, and Germany is one of the world leaders in solar energy production.
Missouri’s electricity costs remained low for many years, and there wasn’t a strong drive to install solar power. As costs have climbed well over 10 cents per kWh range, however, the demand for renewable energy options has increased.2 Additionally, prices of solar equipment in the state have fallen nearly 40% over the last five years.3
We’ve compiled some solar incentive information for residents of Missouri who want to take advantage of current prices. Installing solar power can provide significant utility bill savings over time and is a positive step toward protecting the environment.
Utilities in the state must meet a Renewable Portfolio Standard (RPS), meaning they must obtain a certain amount of their energy from renewable resources. Utilities can fulfill some of this requirement by “purchasing” solar energy from customers who have solar panels.4
Electrical corporations are mandated to make solar rebates available for systems that become operational between January 1, 2019, and December 31, 2023. The following information may be helpful if you’re interested in a solar rebate program in Missouri5:
Net metering enables some solar system owners to feed excess renewable energy from their systems into the local grid, reducing the demand for fossil fuels. In areas where net metering is available, utilities will offer payments, usually in the form of energy credits, to utility customers who sell their excess energy to the grid.
Since 2008, utilities in Missouri have been legally required to offer net metering. Customers who generate more kWhs than they receive from the grid at the end of the month currently receive an “avoided fuel cost” rate for the extra energy.6
In addition to the utility-based rebate program, homeowners in Missouri who install solar are exempt from property tax increases that result from installing solar panels.7
1. “Missouri’s Solar Energy Resource.” Missouri Department of Economic Development Division
of Energy. April 29, 2019. Web:
2. “Missouri Electricity Rates”. Electricity Local. Web:
3. “Missouri Solar.” SEIA. April 29, 2019. Web:
4. “Missouri RPS”. NREL. July 23, 2020 Web:
5. “Missouri’s Solar Energy Resource.” Missouri Department of Economic Development Division of
Energy. April 29, 2019. Web:
6. “Net Metering and the Easy Connection Act”. Missouri Department of Natural Resources. Web:
7. “Solar Property Tax Exemption.” DSIRE. July 8, 2020. Web:
8. “What is PACE? Property Assessed Clean Energy.” Show Me PACE. April 29, 2019. Web:
9. “Solar Investment Tax Credit.” SEIA. April 11, 2019. Web:
10. Federal Government of the United States. "Title 26 - Internal Revenue Code". Federal
Government of the United States. Federal Government of the United States. p.520. n.d. Web:
https://www.gpo.gov/fdsys/pkg/USCODE-2011-title26/pdf/USCODE-2011-title26-subtitleA-chap1-subchapB-partIII-sec136.pdf. 10 Dec. 2018.
Because life waits for no one, at LG USA we create consumer electronics, appliances and mobile devices that are designed to help you connect with those who matter most. Whether that means cooking a nutritious, delicious meal for your family, staying connected on-the-go, sharing your favorite photos, watching a movie with your kids or creating a clean, comfortable place to celebrate the moments that matter, we'll be there for you every step of the way.
Designed with you in mind, LG products offer innovative solutions to make life good. With intuitive, responsive controls, sleek, stylish designs, and eco-friendly features, our collection gives you the power to do more at home and on the go. It includes:
Mobile: To help you stay connected your way, our mobile devices feature powerful smartphones, slim tablets and stylish smartwatches that fit seamlessly into your life. And whether you want to download the latest apps, shop online, text, track your fitness or just surf the web, they make it easy to do it all on-the-go.
TV/Audio/Video: If you can't get enough of your favorite sports, the latest movies, love 3D entertainment -- or just want to listen to your favorite music in stunning clarity -- our newest electronics can help you experience it all in a whole new way. Featuring brilliant pictures, lifelike colors and sound that envelop you from the very first note, our collection will transform your living room into a stunning home theater.
Appliances: Created to help you enjoy more of what life has to offer, our appliance collection features ranges and ovens that can help you cook healthy, delicious meals more efficiently, clean your dishes faster, do more laundry in less time, and even clean and cool your house so you can enjoy a comfortable space all year long.
Computer Products: Life happens in an analog environment -- and on a digital plane. And our newest computer products can help you experience the best of both worlds. Designed to give you crystal-clear images, deep blacks and rich colors, plus the speed and storage you need to work and play, safeguard memories and protect important documents, they can help you make the most of life in every way.
Explore our complete collection of LG electronics, mobile devices, appliances and home entertainment solutions -- and find everything you need to connect with your friends and family, no matter where they are.