What is the impact of solar panels on my property taxes?

What is the impact of solar panels on my property taxes?

In Missouri, solar panels may have an impact on your property taxes, but it’s typically a positive one. Many states offer property tax exemptions or incentives for renewable energy installations, including solar panels. These incentives can reduce the assessed value of your property and, consequently, lower your property taxes. It’s essential to check with your local tax authority to understand the specific property tax regulations related to solar installations in your area.