Mississippi Solar Power Incentives

See a list of incentives.

Mississippi solar power incentives.

At the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation. Because home and business owners want to get the largest incentive amount possible solar panel installation companies will likely be flooded with new projects before year s end. Mississippi power offers rebates to its residential customers to help offset the cost of a variety of energy saving measures including window a c units smart thermostats and pool pumps. The federal solar investment tax credit is available to all homeowners and business owners in the state of mississippi.

These policies and rules govern everything from renewable energy mandates to interconnection and have a huge effect on the viability of solar. When evaluating the financial feasibility of a solar pv installation you should obtain estimates of the solar system installation cost projected energy savings and any revenue from selling excess energy generated to mississippi power. We have been making mississippi solar since 2009 by helping customers like you save money and increase their energy independence. However you can still take advantage of the 26 federal tax credit.

Visit the program website for more information. This program provides an incentive for companies that manufacture systems or components used to generate renewable energy including biomass solar wind and hydro generation. Mississippi energy tax credit solar rebates and incentives. Mississippi solar llc is a mississippi owned and operated licensed solar installer commercial electrical contractor and residential builder.

Determine if any financial or tax incentives are available. The most significant incentive to install solar panels for homes and businesses in mississippi is the federal solar tax credit. Combine the falling. Mississippi rps solar carve out.

Mississippi solar and renewable energy incentives. Ms mississippi power earthcents commercial incentives utility rebate program ms tva partner utilities energy right new homes program ms tva partner utilities energy right water heater rebate program. In april 2010 the mississippi legislature enacted hb 1701 establishing the mississippi clean energy initiative. Finally the solar incentives section includes information about money back rebates and grants tax credits and tax exemptions for going solar in mississippi.