BASIDE GENERATORS SOLAR INCENTIVES
Mississippi homeowners can take advantage of the 30% federal tax credit. The Federal Solar Investment Tax Credit is available to all homeowners and business owners in Mississippi. This fantastic program provides you with a federal tax credit equal to 30% of the solar panel system’s total installation cost. As a result of this tax credit, the cost of solar dropped tremendously.
FEDERAL SOLAR TAX CREDIT (ITC)
Starting January 1, 2022, the federal government is offering a 30% solar tax credit for those who want to purchase and install solar panels. If you are eligible, you can receive 30% of the total cost of your solar panels, including installation, as a tax credit.* This tax credit includes solar batteries as well. And if you don’t use all the tax credits the first year, they roll over to the next.
The solar experts at Bayside Generators have helped thousands of happy customers install high-efficiency solar panel systems and collect this lucrative federal tax credit as well. Contact the solar specialists at Bayside Generators so that you can learn more about this tax credit. Our no-pressure appointments are absolutely FREE!
MISSISSIPPI SOLAR REBATES
As for state incentives in Mississippi, Green Power Providers (GPP) is an innovative and sustainable program offered by the Tennessee Valley Authority and local power companies to encourage the development of solar, wind, biomass, and low-impact hydro generation systems across the Tennessee Valley. The program targets residential and commercial customers who wish to install small-scale (50 kilowatts or less) renewable generation systems. GPP participants are paid for every kWh generated by their renewable energy system.
Going solar definitely is the option, and electricity companies are increasing their rates tremendously.
NET METERING IN MISSISSIPPI
Unlike most states, Mississippi does not have a statewide net metering policy. However, many utility companies in the state offer net metering programs to customers with solar panels. Solar panel owners benefit from receiving credit for any extra energy their panes produce by being connected to the utility company’s grid.