- The rebate will start at $0.50 per watt for systems that become operational from January 1, 2019 – June 30, 2019. Then, the rebate amount will drop to $0.25 per watt from June 30, 2019.
- If a project is not completed, a rebate application has not been approved, or funds have run out during the time window for the $0.50 per watt rebate program, interested parties will still be eligible for the $0.25 program
- Rebates for the largest utility – Ameren Missouri – are capped at $5.6 million per year or $28 million over five years.
- Rebates for KCP&L and are capped at $1.6 million per year, or $8 million aggregate
Utility Scale Solar
Large electric utilities to invest in utility-scale solar facilities located in Missouri or adjacent states. These investments will be deemed prudent, and utilities are not required to obtain additional approval from the PSC.
- Utility corporations with more than 1 million customers will not be required to pay rebates that exceed $5.6 million per year or $28 million in the total from 2019-2023.
- Utilities with 200,000 to 1 million customers will not be required to pay rebates exceeding $1.6 million per year, or $8 million from 2019-2023.
- Utilities with 200,000 or fewer customers will not be required to pay solar rebates that are above $1.4 million per year, or $7 million in total.
Benefits of the Missouri Solar Rebate
- Decreases cost of solar project significantly.
- Promotes positive sustainability efforts.
- Makes it easier for your organization to put less stress on the electric grid, positively impacting your community.