Mississippi

Full Policy Details

Does Mississippi have net metering?

Yes. Mississippi has net metering, which allows solar panel owners to receive credits for excess electricity sent back to the grid. Utilities provide a modified net metering rate that is avoided cost plus a temporary premium.

What solar tax credits are available in Mississippi?

Mississippi does not currently offer a state solar tax credit. However, the federal Investment Tax Credit (ITC) provides a 30% tax credit on qualifying solar installations nationwide.

What is the federal solar tax credit and does it apply in Mississippi?

The federal Investment Tax Credit (ITC) provides a 30% tax credit on the total cost of a solar installation. It applies in Mississippi for qualifying residential and commercial installations. The ITC is claimed on your federal tax return in the year the system is installed.

Is solar equipment exempt from property tax in Mississippi?

Mississippi does not have a statewide solar property tax exemption. The added value from a solar installation may be included in your property assessment. Check with your county assessor for local rules.

Is there a sales tax exemption for solar in Mississippi?

Mississippi does not currently offer a sales tax exemption for solar equipment. Sales tax applies to the purchase of solar panels and installation materials at the standard state rate.

Does Mississippi have an SREC market?

Mississippi does not currently have an active SREC market. Solar owners in Mississippi cannot generate additional income through SREC sales at this time.

Are there utility rebates for solar in Mississippi?

Yes. Utility rebates are available in Mississippi. Some utilities offer an upfront cash rebate for specific low-to-moderate income installations.

Official Source

Mississippi Public Utility Commission