Mississippi ranks #51 in America for savings from installing solar panels on your home

Solar power in Mississippi

Last fact checked on July 22, 2019 by Catherine Lane

Mississippi has a lot of room for improvement as far as solar incentives go; there are no statewide solar incentives, no renewable portfolio standard, and no tax exemptions. However, there is a net metering law in place that can provide significant savings on electric bills for homes with solar systems. 

Combine net metering with the 30% federal tax credit and there is potential for great savings when you make the switch to solar in Mississippi. 



 

Estimate your solar savings

 

Solar power in Mississippi

Mississippi solar power facts

$3.51
/watt

Average cost of a 5kw solar power system in 2019
Price shown before incentives

10 Years 1 Month

Average payback time

$47,692

Average lifetime savings
Price shown after repayments of capital


/kWh

levelized cost of solar energy

23¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

13,846
kWh

Annual power production

Cash flow graph based on cash purchase of a 10.84kW system

This 10.84kW system would offset 100% of your energy usage if your typical monthly bill in Mississippi is $150, however your situation may vary so try our solar calculator to get a result tailored to you.


Solar companies in Mississippi that provide pricing through the Solar-Estimate marketplace

6


Best solar offers currently available in Mississippi


Solar calculator and quote comparison tool

Compare solar quotes from the top solar companies in Mississippi

How much do solar panels cost in Mississippi

$3.51 per watt

Cash purchased solar system
Before 30% solar tax credit

$3.91 per watt

Financed solar system
Before 30% solar tax credit

N/A cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator

What are the pros and cons of buying solar panels for your home in Mississippi

The main advantage of installing solar panels in Mississippi is that the state receives a lot of sun daily. This means a system here will produce more electricity than a system would in some other parts of the US. There is a net metering law in place that requires investor-owned utilities to provide compensation for excess energy that solar systems send to the grid. And thanks to the Tennessee Valley Authority, some homeowners can receive up to $1,000 off the cost of a new solar system.  

SolarPowerRocks provides a great breakdown of solar incentives and policy for each state within the US.

The disadvantage of installing solar panels is the lack of a renewable portfolio standard in the state, thereby reducing the pressure on utilities to create solar incentives. Although Mississippi does have a net metering policy, it does not require utilities to give their customers the full retail value for excess energy; which means less savings for you. 

However, the best time to go solar in Mississippi is now while the incentives that do exist are still available!

Enter your details to calculate the potential costs and savings you can expect to receive from installing solar panels for your home. 

Best brands of solar panels

To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

 

Unlock live pricing on the best solar panel brands!

 

How much electricity will solar panels produce in Mississippi

Solar panels produce different amounts of energy in different locations.

Around the Jackson area solar panels installed on a south facing 23.5 degree pitch roof will typically produce:

1,752kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your zipcode below.

 

See how much electricity your solar panels could produce

I want to buy a solar panel kit and install it myself

What rebates, solar tax credits and other solar incentives are available in Mississippi?

Net metering in Mississippi 

Luckily, Mississippi law requires the state’s investor-owned utilities, Entergy Mississippi and Mississippi Power, to compensate their customers for excess energy their solar systems send to the grid. However, the rate at which they compensate is only equal to the avoided cost rate per excess kilowatt hour (kWh). The avoided cost rate is less than the retail rate of electricity, making the payback period for a system in Mississippi longer than in other states. 

 


 

Tennessee Valley Authority Green Power Providers

Tennessee Valley Authority (TVA) teamed up with a select few local power companies to provide incentives for homeowners who go solar through the Green Power Provides program. 

Customers install a solar energy system on their home and TVA pays 9 cents for every kilowatt hour of energy generated by the system, given it is 10 kilowatts (kW) or less in size. Through this contract, TVA receives all renewable energy credits that are produced by the system. 

This program will close on December 31, 2019, so the sooner you install solar and apply to the program, the better!

Mississippi Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in Mississippi we have a solar calculator that can show you exactly the information your require.


 


 

What you can find out about installing solar panels in Mississippi using our full monthly solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Mississippi solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

 

Unlock live pricing in your state!

 

Solar calculator

Going solar in Mississippi

Check out all of the ways energy providers of Mississippi can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Net Metering State Net Metering
Find your local rebates and incentives

Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.