Panel Upgrade Rebates & Incentives
Federal tax credits and utility rebates can reduce the cost of your electrical panel upgrade. Here's what's available in Missouri.
Important Note
Rebates and tax credits change frequently. This page provides general information—consult with a tax professional and verify current programs before making financial decisions. We are electricians, not tax advisors.
Available Incentives
Current federal and utility programs that may reduce your panel upgrade costs.
Federal Tax Credit (25C)
Up to 30%
The Inflation Reduction Act provides a 30% tax credit for electrical panel upgrades when done in conjunction with qualifying electrification projects (EV chargers, heat pumps, etc.). Credits available through December 31, 2025.
Learn MoreEligibility
- Must be used as a residence (includes renters)
- Panel upgrade must enable electrification
- Up to $1,200 combined with other improvements
- Claim using IRS Form 5695
Ameren Missouri Rebates
Varies
Ameren offers various rebates for energy efficiency upgrades including HVAC systems, smart thermostats, and the Pay As You Save (PAYS®) program. $75 million in total rebates available through 2026.
Learn MoreEligibility
- Must be Ameren Missouri customer
- Equipment must meet efficiency requirements
- HVAC rebates with participating contractors
- Smart thermostat enrollment bonuses
Missouri Home Electrification Rebates
Up to $4,000
Missouri receives $75+ million in federal HEEHRA funding for home electrification rebates. Low-income households may receive 100% rebates; moderate-income households up to 50%.
Learn MoreEligibility
- Income-based eligibility (under 150% AMI)
- Up to $4,000 for panel upgrades
- Up to $14,000 total per household
- Program availability pending—check MO DNR
Maximize Your Savings
Tips to help you get the most from available rebates and tax credits.
Keep All Documentation
Save your invoice, permit documentation, and proof of payment. You'll need these for tax credit claims.
Pair with Electrification
Panel upgrades done alongside EV charger installation or heat pump upgrades may qualify for larger credits.
Consult a Tax Professional
Tax credits have specific requirements. A tax professional can help you maximize your savings.
Check Utility Programs
Contact Ameren before your project to see if any current rebate programs apply to your situation.
First Choice Electric Provides Complete Documentation
Every panel upgrade from First Choice Electric includes detailed documentation to support any rebate or tax credit claims:
- Itemized invoice with equipment details
- Permit documentation
- Inspection approval records
- Equipment specifications & model numbers
- Contractor license information
- Before/after photos (on request)
Ready to Upgrade Your Panel?
Get a free quote from First Choice Electric and we'll help you understand what incentives may apply to your project.
Get Your Free QuoteInstallations by
First Choice Electric5377 State Highway N, Suite 437, Cottleville, MO 63304Missouri License #2025001688 | St. Charles County #E25-000008 | St. Louis County #ES4501