Yes, there are several grants and incentives available for commercial solar installations in Missouri. These include:
- Federal Investment Tax Credit (ITC): The ITC provides a 30% tax credit for the total system cost, including installation. This can significantly reduce the upfront cost of your commercial solar project.
- USDA Rural Energy for America Program (REAP): This program offers grants and loan guarantees to rural businesses for renewable energy projects, including solar installations.
- Net Metering: Missouri allows businesses to participate in net metering, where you receive credits for excess energy fed back into the grid, further reducing your electricity costs.