Summary of Mississippi solar incentives 2021
Mississippi has plenty of sun, but legislators in Jackson haven’t really done anything of note to help promote adoption of home solar here. However, all that sun means solar panels can still be a compelling addition to your home. Read on to learn more about your potential savings with home solar in Mississippi.
On this page, you can:
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Learn what solar incentives are available to Mississippi homeowners
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See what Mississippi solar incentives you qualify for based on your utility company and city
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Find out how much these incentives and/or Mississippi solar tax credits will reduce your cost to go solar and add batteries
Federal solar investment tax credit
The federal solar investment tax credit will have the biggest impact on the cost you will face to go solar in Mississippi
This perk is commonly known as the ITC, short for “Investment Tax Credit”. If you install your photovoltaic system in 2020, the federal tax credit is 26% of the cost of your solar panel system. This is 26% off the entire cost of the system including equipment, labor and permitting.
Example: If your solar energy system costs $20,000, your federal solar tax credit would be $20,000 x 26% = $5,200.
The federal tax credit falls to 22% at the end of 2022.
Net energy metering in Mississippi
With net metering in some states, you get full retail rate credit for the amount of electricity you send back into the grid with your solar panels.
Net Metering requires your utility to monitor how much energy your solar power system produces and how much energy you actually consume, to make sure you get credit for the surplus.
Mississippi is one of only six states in the nation without statewide net metering standards in place. Net metering remains completely at the discretion of the utility companies. That’s a raw deal for Mississippi homeowners, unless you happen to live in the TVA service area, it might be difficult to figure out how your panels will affect your electricity bill.
Here’s how Mississippi Power refers to its net metering policy: "the rate paid for electricity placed on the grid by a net metered customer is 2.5 cents/kWh above the company's avoided-cost rate” which “currently ranges from 2.29 to 3.62 cents/kWh.” (at the time of this writing; late 2020).
Every 15 minutes, Mississippi Power will determine how much solar energy your system sent to the grid and credit you about 5.5 cents/kWh for it. They’ll happily charge you an average of 7.5 cents/kWh for energy you buy from them when the sun isn’t shining.
Mississippi solar rebates
While Mississippi does not have a dedicated state rebate for solar panel installation, some manufacturers like LG offer their own solar rebates. These programs are usually time sensitive. For example, LG offers a $600 solar rebate on their equipment, which your installer can help you redeem over the next year.
Cost of solar panels in your part of Mississippi after all applicable solar incentives
Showing data for:
Prices based on a 11.4kW system, after 26% federal tax credit
Solar prices near you
Payback period
10.7-13.1 years
Net profit (savings less system cost)
$32,779-$40,063
Average size system installed in MS in 2021
11.4kW
Solar panel cost calculator
Best 10 solar companies in Mississippi
5 solar companies in Mississippi provide pricing on SolarReviews. Here are the best rated companies near you.
4.63 71 Reviews
Latest review
Jim Jamestown TN, over 1 month
Operations Coordinator and technical consultant was very responsive. Some minor problems with installation. We are very remote and being 3 hrs out LightWave corrected the problem immediately. System has been up and running for approx 4 months. I also contacted their Marketing Manager Grace with insight to their portal for monitoring my system online and she was very helpful. I would recommend LightWave to anyone looking for Solar capabilities. Jim Jamestown TN
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Latest review
Jim Jamestown TN, over 1 month
Operations Coordinator and technical consultant was very responsive. Some minor problems with installation. We are very remote and being 3 hrs out LightWave corrected the problem immediately. System has been up and running for approx 4 months. I also contacted their Marketing Manager Grace with insight to their portal for monitoring my system online and she was very helpful. I would recommend LightWave to anyone looking for Solar capabilities. Jim Jamestown TN
4.53 24 Reviews
Latest review
Anonymous, over 1 month
MS Solar was very professional with their sales presentation, site evaluation, installation and completion of our green energy project. I have a lot of respect for Will and his team. I would recommend them to everyone.
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Latest review
Anonymous, over 1 month
MS Solar was very professional with their sales presentation, site evaluation, installation and completion of our green energy project. I have a lot of respect for Will and his team. I would recommend them to everyone.
3.98 202 Reviews
Latest review
Missy904, 2 days ago
My husband I decided to get solar to do our part in reducing our carbon footprint and to hopefully have some power from the battery when the power goes out. However, now I am wishing I could rewind time and say no to this decision we have made. We felt like we had a very good and honest salesman; however, he told us we wouldn't get charged if the system wasn't working. He also told us it would take approximately 6 weeks to have our system installed. He didn't tell us that there would be several electric panels attached to the side wall of our house. BUT.... we signed our contract to get solar with Sunpro at the end of March today is September 23 the panels are on our home but not working. Today I get charged by the loan company. So not only am I having to pay my full electric bill now I'm having to pay for a loan too. That's $530 a month for both. They were first telling me they're waiting on a meter swap from my Electric company which our meter was swapped out in June. Then I was waiting on the Tesla battery which we have now had for a few months. Now they're telling me they are AGAIN waiting on a meter swap from my electric company. The guys that were doing the electrical components didn't seem like they knew what they were doing. It took them multiple attempts to get things installed, they put random holes in our brick wall (which someone did fix after complaining), they left gaps in the brick from where the old meter was and filled it in with ugly orange foam that is extremely visible (was told a while ago that someone was going to fix that). No one told me that several electric panels would be attached to our home let alone ask me where they needed to go. The side of our house faces the road, right where they installed all this crap. Now as soon as you pull up to our house you see all these panels and foam (looks horrible). I am a VERY unsatisfied customer. And now since I am paying for something that is not working I will be filing a complaint with the Better Business Bureau. I was also told by our salesman that we could pay for a portion of our loan with the tax credit which will bring our payments back down after they increase in a year. After hearing these other reviews I hope that's actually true. To me seems like this company is more concerned with getting paid than customer service.
Read more
Latest review
Missy904, 2 days ago
My husband I decided to get solar to do our part in reducing our carbon footprint and to hopefully have some power from the battery when the power goes out. However, now I am wishing I could rewind time and say no to this decision we have made. We felt like we had a very good and honest salesman; however, he told us we wouldn't get charged if the system wasn't working. He also told us it would take approximately 6 weeks to have our system installed. He didn't tell us that there would be several electric panels attached to the side wall of our house. BUT.... we signed our contract to get solar with Sunpro at the end of March today is September 23 the panels are on our home but not working. Today I get charged by the loan company. So not only am I having to pay my full electric bill now I'm having to pay for a loan too. That's $530 a month for both. They were first telling me they're waiting on a meter swap from my Electric company which our meter was swapped out in June. Then I was waiting on the Tesla battery which we have now had for a few months. Now they're telling me they are AGAIN waiting on a meter swap from my electric company. The guys that were doing the electrical components didn't seem like they knew what they were doing. It took them multiple attempts to get things installed, they put random holes in our brick wall (which someone did fix after complaining), they left gaps in the brick from where the old meter was and filled it in with ugly orange foam that is extremely visible (was told a while ago that someone was going to fix that). No one told me that several electric panels would be attached to our home let alone ask me where they needed to go. The side of our house faces the road, right where they installed all this crap. Now as soon as you pull up to our house you see all these panels and foam (looks horrible). I am a VERY unsatisfied customer. And now since I am paying for something that is not working I will be filing a complaint with the Better Business Bureau. I was also told by our salesman that we could pay for a portion of our loan with the tax credit which will bring our payments back down after they increase in a year. After hearing these other reviews I hope that's actually true. To me seems like this company is more concerned with getting paid than customer service.
3.75 1 Reviews
Latest review
Anonymous, over 1 month
Great company, very knowledgeable, and professional.
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Latest review
Anonymous, over 1 month
Great company, very knowledgeable, and professional.
3.75 1 Reviews
Latest review
Anonymous, over 1 month
JR Cromer was the on-site supervisor when my initial 8kW solar array was installed in 2014, so it was only natural to again let him do the installation when this system was expanded to 12 kW in 2017. Everything went smoothly and I received a high quality product at a great price both times.
Read more
Latest review
Anonymous, over 1 month
JR Cromer was the on-site supervisor when my initial 8kW solar array was installed in 2014, so it was only natural to again let him do the installation when this system was expanded to 12 kW in 2017. Everything went smoothly and I received a high quality product at a great price both times.
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