Is the state of Mississippi supportive of solar innovation? There are a ton of advantages to solar panels and it is always the right time to go green and to save money. From Bay St. Louis to Jackson to Hattiesburg, solar panels are available in every part of the state, which answers the question of can you install solar panels in Jackson Mississippi. You should look for the best company or agency that would be able to offer you the best experience in Mississippi, so, here is everything you need to know about solar panels in Mississippi.
Will Solar Technology in My Mississippi Home Provide Significant Savings?
How is solar technology more eco-friendly? One of the best ways to preserve all of the natural landscapes and abundant wildlife in Mississippi is by reducing your impact on the environment by producing clean and efficient solar energy. There are also some additional reasons as to why Mississippi is increasing for several reasons:
- Increased home value
- Federal tax credits
- Decreasing cost of solar panels
- Improved solar panel efficiency
What are The Financial Incentives to Adopt Energy-Efficiency Upgrades in Mississippi?
There are a lot of incentives when you go solar aside from lessening your carbon footprint and being independent from your grid. Here are only some of the incentives that you may or may not get.
Federal Solar Tax Credit (ITC)
The federal government is offering you, as a homeowner in Mississippi, a 26 percent solar tax credit for all of those people who want to purchase and install some solar panels from now until the end of 2022. You may or may not receive about 26 percent of the total cost of your solar panels, including installations and solar batteries, as a tax credit if you are eligible. One thing that you could use as an advantage of this is that if you do not use all of your tax credits for your first year of using your solar panels, they could roll over to the next.
Typically, a solar PV system would be $18,000 and you would receive $4,680 in tax credits, which would make your total cost $13,320 and that is an amazing deal.
You should take advantage of this amazing opportunity that the federal government is giving you before it could disappear soon. Solar companies collect this lucrative federal tax credit as well, and in return, they go out there and help thousands of happy customers in installing their high-efficient solar panel systems.
Mississippi Solar Rebates
Green Power Providers (GPP) in Mississippi is a very innovative and sustainable program that is offered by the Tennessee Valley Authority and there are local power companies to encourage the development of solar, wind, biomass, and low-impact hydro generation systems across all of the Tennessee Valley. This program would then target residential and commercial customers who would wish to install small-scale (about 50 kilowatts or less) renewable generation systems. The participants are then paid for every kWh that is generated by your renewable energy system. Electricity companies have a habit of constantly increasing their rates tremendously so going solar is definitely an amazing option.
Net Metering in Mississippi
Mississippi actually does not have a statewide net metering policy unlike most states, but there are many utility companies that are found in the state that could offer you net metering programs to you who have solar panels. By being connected to the utility company’s grid, it would give you, as a solar panel owner, the benefit of being able to receive credit for any extra energy that their panels may or may not produce.
7 Steps to Choosing a Solar Company
- Identify the Solar Company
- Get Multiple Quotes from Solar Companies
- Choose a Solar Company with Expertise
- Check if the Solar Company is Licensed and Insured
- Check their Track Record and Experience
- Investigate their Reputation and Credibility
- Check their Solar Warranties and Maintenance Skills
There are a lot of companies that you could go to that are very responsive, have wonderful customer service, give you a handful of warranty options, offer you free home energy audits, and could also provide you with roof replacement experts. You just have to find the right solar company for you.