HB 1684 -- Qualified Net-Metering Unit Tax Credit

Sponsor:  Lawson

This bill allows a tax credit of up to 25% of the qualified
expenditures for the purchase and installation of a qualified
net-metering unit.  The tax credit cannot be more than $7,500.
A "qualified net-metering unit" is defined as an electric
generation unit which:

(a)  Is owned by a customer generator;

(b)  Uses renewable energy;

(c)  Has an electrical generating system with a capacity of up to
100 kilowatts;

(d)  Is located on the premises that are owned, operated, leased,
or otherwise controlled by the customer generator;

(e)  Is interconnected and operates in parallel and in
synchronization with a retail electric supplier;

(f)  Is intended primarily to offset part or all of the customer
generator's own electrical requirements;

(g)  Is proposed to be installed on property the taxpayer owns in
Missouri; and

(h)  Can reasonably be expected to remain in use for at least
five years.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:16 am