Funding & Incentives for Climate Action
- Last Updated on Monday September 23rd, 2024
Buildings are the largest contributor of greenhouse gas (GHG) emissions in the St. Louis bi-state region, making up 64% of all emissions in 2015. You can help address the largest source of emissions by making a plan to take advantage of incentives to reduce energy use in your building and upgrade appliances with more efficient versions when they are in need of replacement.
Individuals:
Take advantage of a tax credit to get a discounted home energy audit (or get one for free, for income-qualified residents in Missouri and Illinois). Make a plan to use available incentives to make your home more efficient and save money with renewable energy. Check out incentives from utilities in Missouri and Illinois, available tax credits and rebates, and income-qualified home weatherization assistance in Missouri and Illinois.
Local Governments and Schools:
For the first time, governments, schools, and nonprofits can take advantage of clean energy tax credits to reduce the cost of clean energy projects. Credits are available for electric vehicles, electric vehicle charging infrastructure, solar, wind, and geothermal projects. Lawyers for Good Government offers a Clean Energy Tax Nagivator tool, which assits entities in using energy tax credits for their potential, planned, or completed projects. For schools, a 2-pager about the benefits of the credits is available here. Energy grants and loans are also available for local government entities and public schools from MO Department of Natural Resources.
Nonprofit Organizations and Houses of Worship:
Nonprofits and other tax-exempt entities can take advantage of clean energy tax credits to reduce the cost of clean energy projects. Credits are available for electric vehicles, electric vehicle charging infrastructure, solar, wind, and geothermal projects. Lawyers for Good Government offers a Clean Energy Tax Nagivator tool, which assits entities in using energy tax credits for their potential, planned, or completed projects. Interfaith Power & Light offers a fact sheet on direct pay for houses of workship available here.
Businesses:
Ameren Missouri offers incentives for business customers for energy efficiency upgrades and electric vehicles. Ameren Illinois also offers incentives for energy efficient upgrades and electric vehicles. Utilities can often offer guidance on the energy savings strategies and incentives that are the best fit for your business. Federal tax incentives are also available for energy efficiency, clean energy, and EV charging infrastructure and to electrify your fleet.
