Mississippi Incentives
At 123SolarPower our goal is to help residents of the U.S. and Canada find residential solar power solutions that will save them money, and help our environment. 123SolarPower is able to do this by connecting residents with our network of professional solar panel installations and sales experts throughout North America. With professionals from coast to coast we know we can help you find the right solar power system for your home or business. With experts on hand to evaluate your needs, 123SolarPower works to get you the right solution at the best price.
Solar Power in Mississippi
Solar Power systems remain one of the most underutilized renewable energy resources in Mississippi. The Magnolia State has routinely ranked in the bottom five for energy efficient states. However, things have begun changing in Mississippi and in the last two years, the American Council for an Energy-Efficient Economy ranked Mississippi as one of the most improved states in the country. The growing availability of solar energy incentives, improved legislation, and growing pressure to take advantage of the natural sunlight received in Mississippi has seen the solar market grow dramatically. The growth has been so rapid that Mississippi is on course to become a regional leader in solar energy production. Be one of the first to see the benefits first hand. We want to be the ones that help you save with quality solar panels Mississippi.
Mississippi State Incentives
Electricity in Mississippi is currently cheaper than the national average. This has led Mississippi to ignore the need to begin pursuing alternative energy systems. The problem is that although electricity seems cheap now, the cost of burning large amounts of coal far outweighs the pennies on the dollar being saved by the state ignoring the need for a Renewable Portfolio Standard.
Luckily, where the state level legislation is not quite ready to begin helping with residential solar panels Mississippi, the states utility providers are. Tennessee Valley Authority, one of the largest utility providers in the state, currently offers a partnership program where they buy all the residential solar electricity that you generate at a premium price to help offset the costs associated with the installation. The same provider also offers a $1,000 dollar rebate to further help with the costs of purchasing and installing solar panel systems.
The lack of state level legislation has also put the onus on utility providers to allow and manage any solar power net metering deals available to residents. Net metering allows utility providers to buy any excess solar powered electricity that a resident produces against their own consumption, and credit them on their bill. Any excess electricity produced beyond the homeowner’s bill is either purchased out right by the utility provider or credited against future utility bills. Utility providers are pressured by the government to use solar power, hence they provide a variety of incentives to home owners who buy solar panels Mississippi.
Electricity in Mississippi is currently cheaper than the national average. This has led Mississippi to ignore the need to begin pursuing alternative energy systems. The problem is that although electricity seems cheap now, the cost of burning large amounts of coal far outweighs the pennies on the dollar being saved by the state ignoring the need for a Renewable Portfolio Standard.
Luckily, where the state level legislation is not quite ready to begin helping with residential solar panels Mississippi, the states utility providers are. Tennessee Valley Authority, one of the largest utility providers in the state, currently offers a partnership program where they buy all the residential solar electricity that you generate at a premium price to help offset the costs associated with the installation. The same provider also offers a $1,000 dollar rebate to further help with the costs of purchasing and installing solar panel systems.
The lack of state level legislation has also put the onus on utility providers to allow and manage any solar power net metering deals available to residents. Net metering allows utility providers to buy any excess solar powered electricity that a resident produces against their own consumption, and credit them on their bill. Any excess electricity produced beyond the homeowner’s bill is either purchased out right by the utility provider or credited against future utility bills. Utility providers are pressured by the government to use solar power, hence they provide a variety of incentives to home owners who buy solar panels Mississippi.
Federal Solar Power Incentives
In an effort to help out the consumer, and lower our nation’s dependence on fossil fuels the federal government has created and extended the availability of a federal tax credit. The credit is worth up to 30% of the costs associated with the purchase and solar panel installation Mississippi. Applying for the credit is easy, simply fill out IRS form 5659 and file it with your regular 1040. The tax credit will help pay for your regular income tax. In the event that your federal tax credit amounts to more than your income tax, the excess rolls over to be used as credit during the next tax period.
Residential solar systems are becoming more and more popular as state legislation, utility companies, and the federal government continue to reward those who choose to use it. The growth of the industry is reflected in Mississippi’s own transformation from one of the worst solar power ranking states into one of the most improved. Getting started is as easy as asking one of our professionals for a quote on solar panels for sale Mississippi.
Help For All Mississippi Residents
123SolarPower is your “go-to” resource for all residential solar power quotes, solar panel sales, and installations in Mississippi. Let our nationwide team of solar professionals help you start saving today by providing you with competitive service quotes and by guiding you through your own custom savings plan. To receive a free installation analysis, and a custom idea of what residential solar power can do for your home fill out our Mississippi solar form today, or speak to one of our Mississippi solar power experts by calling us at: 800-294-2397.
