Bill > HB768

This bill modifies provisions for renewable energy resources in Missouri by establishing two key changes: First, it creates a new tax credit program for residential solar property, allowing qualified taxpayers to claim tax credits for solar installations, with credit percentages increasing over time from 30% in 2026 to 40% in 2034. The tax credits are refundable but non-transferable and will automatically sunset after six years unless reauthorized. Second, the bill significantly increases the renewable energy portfolio requirements for electric utilities, mandating progressively higher percentages of renewable energy generation: 15% by 2025, 20% by 2029, 40% by 2034, 60% by 2044, 80% by 2054, and 100% by 2059. At least 2% of each portfolio requirement must come from solar energy, and each kilowatt-hour of eligible energy generated in Missouri will count as 1.25 kilowatt-hours for compliance purposes. The bill also maintains provisions for solar rebates, penalties for non-compliance, and allows for the use of renewable energy credits, while establishing criteria for certifying renewable energy generation and including innovative energy sources like methane from farm animal waste and waste material conversion technologies.

https://house.mo.gov/Bill.aspx?bill=HB768&year=2025&code=R