Check your savings costs tax breaks incentives and rebates.
Mississippi solar panel rebate.
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.
An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group.
As a result you can reduce the net cost of your solar panel system by anywhere from 26 to 50 percent.
Determine if any financial or tax incentives are available.
However you can still take advantage of the 26 federal tax credit.
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.
Solar solutions initiative ssi is a pilot program that offers additional financial incentives for solar pv systems participating in the renewable standard offer program.
Federal solar tax credit.
Wss solaredge gridtie system for 24 astronergy 72 cell modules 12 406 00.
These are the solar rebates and solar tax credits currently available in mississippi according to the database of state incentives for renewable energy website.
8 76 kw grid tied solar system with solaredge and 24 astronergy solar 365 watt panels.
The tax break reduces.
Mississippi solar tax credits and incentives.
To encourage the continued expansion of solar governments utilities and other organizations offer solar tax breaks and financial incentives to make solar more accessible for today s homeowners.
See a list of incentives.
Applications for new projects for the year 2015 opened on january 2 2015.
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.
This fantastic program provides you with a federal.
The consensus on mississippi solar power rebates and incentives the mississippi legislature is really singing the blues when it comes to solar energy.
Sunny mississippi is a great state for solar power and renewable energy.
Mississippi solar and renewable energy incentives.
There are no state rebates for solar panels in mississippi.