There can be solar tax credits and incentives available at the federal, state and local levels. The calculator above will show you the value of all incentives your home is eligible for.
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.
Learn what solar incentives are available to Mississippi homeowners
See what Mississippi solar incentives you qualify for based on your utility company and city
Find out how much these incentives and/or Mississippi solar tax credits will reduce your cost to go solar and add batteries
The federal solar investment tax credit will have the biggest impact on the cost you will face to go solar in Mississippi
If you install your photovoltaic system before 2032, the federal tax credit is 30% of the cost of your solar panel system. This is 30% 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 30% = $6,000.
The federal tax credit falls to 26% at the end of 2032.
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.
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.
Showing data for:
Prices based on a 11.4kW system, after 30% federal tax credit
5 solar companies in Mississippi provide pricing on SolarReviews. Here are the best rated companies near you.
4.53 24 Reviews
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.
Read more
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.
4.27 15 Reviews
Pastor Frank. Brown , over 1 month
When you need straight forward answers, to question my rep Ellie, is the Best. What I need was a person who would answer my question without trying to bait a swich, me into buying something that I did not need. This Company has great reviews and That is what motived me to check them out.
Read more
Pastor Frank. Brown , over 1 month
When you need straight forward answers, to question my rep Ellie, is the Best. What I need was a person who would answer my question without trying to bait a swich, me into buying something that I did not need. This Company has great reviews and That is what motived me to check them out.
3.75 1 Reviews
Anonymous, over 1 month
Great company, very knowledgeable, and professional.
Read more
Anonymous, over 1 month
Great company, very knowledgeable, and professional.
3.75 1 Reviews
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
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.
3.38 549 Reviews
Henry Mincey III, 18 hours ago
The customer service (Ms. Deedra Hayes) was exceptional, and she was with me through the entire process from the start (getting the association's approval to build) to the final inspection and monitoring of the system. Thank you for your kindness and grace working through this install journey.
Read more
Henry Mincey III, 18 hours ago
The customer service (Ms. Deedra Hayes) was exceptional, and she was with me through the entire process from the start (getting the association's approval to build) to the final inspection and monitoring of the system. Thank you for your kindness and grace working through this install journey.