Solar power in Mississippi has plenty of room for growth. The state's solar energy industry would benefit greatly from more solar incentives, and several exciting projects from local utility companies are forging the way for these increased incentives. Recently, Duke Energy announced its investment in the largest solar energy farm east of Mississippi. Read on for more information to help you decide if solar energy is right for you.
Grid Connected Solar Power Systems In Mississippi (2012)
- Systems: N/A Megawatt
- Non-Residential Solar Power Systems: N/A Megawatt
- Utility: 0.1 Megawatt
- Total: 0.1 Megawatt
- Cumulative: 0.7 Megawatt
Mississippi is still behind most of the nation when it comes to solar energy production. While there are a number of solar energy systems installed, they are still far behind neighboring states Louisiana and Tennessee in terms of cumulative installed capacity.
Cost of Electricity in Mississippi
- Electricity Price: $0.10 per kwh
- Average Electricity Bill: $140.00
- Average Bill after Solar: $43.00
Solar power users in Mississippi significantly reduce their energy costs. An average solar energy user in the state cuts over two-thirds from their electric bill. A solar power system in Mississippi takes about 15.2 years to fully pay for itself.
The average solar radiation in Mississippi is between 3 and 4 Kilowatt per day over an area of 1 square meter (10.76 square foot). This is the same total shared by fellow southern states Alabama and Florida and reflects an ample amount of solar radiation. With an average of 216 sunny days per year, Mississippi receives plenty of sunshine.
State Solar Incentives and Rebate Programs
- State Solar Tax Credit: None
- State Solar Rebate: None
- Property Tax Exemption: None
- Sales Tax Exemption: None
Currently, Mississippi lacks many of the solar incentives found in other states. This is unfortunate, as the state's homeowners would benefit greatly from a solar tax credit or solar rebate program. However, Mississippi makes up for this by offering net metering. With net metering, solar energy users may sell any excess energy back to their utility company. In addition, the Federal Tax Credit also applies.
Solar Installers in Mississippi
Mississippi has no particular licensing requirements for installing solar energy systems. However, because it is considered electrical work, all solar installers must also be licensed electrical contractors.
Summary: Good Conditions for Solar Power Systems
There is plenty of room for Mississippi's solar power industry to grow. While the state lacks many solar incentives, abundant sunlight and the availability of net metering are great benefits for homeowners. Try our Solar Calculator to calculate your costs and savings, or contact solar installers in your area.