Missouri

Information provided the Database of State Incentives for Renewables and Efficiency (DSIRE)

Summary: In July 2008, the state of Missouri enacted legislation allowing homeowners to deduct from their income taxes the cost of home energy audits and energy efficiency improvements based on recommendations made in such an audit. The tax deduction is valid for expenses of this nature incurred on or after January 1, 2009. The deduction has $1,000 limit per individual or joint taxpayer return and a $2,000 cumulative limit per individual or joint taxpayer. All deductions must be taken in the year in which the expenses were incurred. A taxpayer may not take a deduction for work that received any sort of incentive or rebate through the state or through a utility-sponsored program. This tax incentive will expire on December 31, 2013.  

Links:

• Missouri Dept. of Natural Resources: Home Energy Audit Website
• For more information on this financial incentive for energy efficiency in Missouri, visit DSIRE

Summary: This loan program, administered by the Energy Center of the Missouri Department of Natural Resources (DNR), is available for energy efficiency and renewable energy projects for public and governmental buildings and structures. Loan amounts are based on projected energy savings, resulting in monetary savings that is used to repay the loan. Financing is available at a fixed interest rate below the market rate, and repayment schedules are determined on an individual project basis. Repayment schedules may not exceed 15 years. Loans under this program are determined on a competitive basis according to sector and payback period.  
 
Up to $3.8 million in loan funding was available for the FY 2009 funding cycle (expired October 15, 2008) in amounts of up to $1 million. Sector allocations are listed below, with unused funds being made available to other other eligible sectors.  

• Public Schools (K-12) - 50%  
  
• City and County Governments - 25%  
  
• Public Higher Education Institutions - 25%

Links:

• Missouri Dept. of Natural Resources: Energy Loan Program Website
• For more information on this financial incentive for energy efficiency in Missouri, visit DSIRE

Last Updated 06/22/2009

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