Rebates For Solar Panels In Mississippi

Federal solar tax credit.

Rebates for solar panels in mississippi.

Check your savings costs tax breaks incentives and rebates. 6am to 6pm and sat. An unbound renewable energy company open mon fri. This fantastic program provides you with a federal.

8am to 5pm pst. The consensus on mississippi solar power rebates and incentives. Find other mississippi solar and renewable energy rebates and incentives on clean energy authority. With all the rebuilding in the aftermath of hurricanes katrina and ike the state could take the.

If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives. Sunny mississippi is a great state for solar power and renewable energy. Mississippi mississippi power residential energy efficiency rebate program is a utility financial incentive program for the utility market. These are the solar rebates and solar tax credits currently available in mississippi according to the database of state incentives for renewable energy website.

The state s leaders have hardly even mentioned the words in their sessions since 2005. However you can still take advantage of the 26 federal tax credit. The federal solar investment tax credit is available to all homeowners and business owners in the state of mississippi. All of the financial benefits listed below go to the owner of the solar panel system.

There are no state rebates for solar panels in mississippi. As part of this commitment we are providing customers a new option to generate their own electricity using a renewable energy resource like solar energy and sell the excess. The most significant incentive to install solar panels for homes and businesses in mississippi is the federal solar tax credit at the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation. This program provides an incentive for companies that manufacture systems or components used to generate renewable energy including biomass solar wind and hydro generation.

In april 2010 the mississippi legislature enacted hb 1701 establishing the mississippi clean energy initiative. Mississippi is a very sunny state receiving average yearly rates of solar radiation that exceed five peak sun hours per day on many locations and is a great solar investment compared with states farther to the north which receive around four peak sun hours per day this represents a 25 increase in energy. Mississippi power is proud to be at the forefront of mississippi s energy economy by adding renewable energy to the company s diverse mix of energy resources. Combine the falling cost of solar equipment and installation state rebates and the 30 federal tax rebate and you have compelling reasons to go solar in mississippi.