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#40 Solar ROI State

Solar Panel ROI in Mississippi (MS)

Mississippi averages 1,400 kWh per installed kW per year. At $12.2¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $5,436.

$13,328
System Cost (After Credits)
$5,436
25-Year NPV
11 years
Payback Period
$0.141/kWh
Solar LCOE

Solar Cost Breakdown in Mississippi

7 kW system (2.72/W)$19,040
Federal ITC (30%)-$5,712
Net Cost$13,328

Solar Production in Mississippi

Mississippi receives an average of 1,400 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 9,800 kWh in year one, declining by 0.5% annually due to panel degradation.

At Mississippi's average residential rate of $12.2¢/kWh with 4% annual escalation, first-year savings are $1,196. The solar LCOE of $0.141/kWh is -16% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Mississippi

No statewide net metering mandate — utility-specific programs

Solar FAQ for Mississippi

How much does solar cost in Mississippi?
A typical 7 kW residential solar system in Mississippi costs $19,040 before incentives. After the 30% federal ITC, the net cost drops to $13,328.
What is the solar payback period in Mississippi?
Based on the average MS utility rate of $12.2¢/kWh and local solar irradiance of 1,400 kWh/kW/year, a 7 kW system typically pays for itself in 11 years. The 25-year NPV is $5,436.
Does Mississippi have net metering?
No statewide net metering mandate — utility-specific programs
What is the LCOE of solar in Mississippi?
The levelized cost of solar energy in Mississippi is approximately $0.141/kWh, compared to the current average utility rate of $12.2¢/kWh. Solar electricity costs -16% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Mississippi?
Mississippi receives approximately 1,400 kWh of solar energy per installed kW per year. A 7 kW system produces about 9,800 kWh in its first year, enough to offset 93% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

Alabama

NPV: $7,801 · Payback: 10yr
Rate: $13.5¢/kWh · #32 ranked

Louisiana

NPV: $4,402 · Payback: 11yr
Rate: $11.8¢/kWh · #33 ranked

Wisconsin

NPV: $5,029 · Payback: 11yr
Rate: $15.2¢/kWh · #33 ranked

Missouri

NPV: $3,503 · Payback: 13yr
Rate: $12.2¢/kWh · #34 ranked

Indiana

NPV: $4,436 · Payback: 13yr
Rate: $14.2¢/kWh · #35 ranked

Idaho

NPV: $1,451 · Payback: 15yr
Rate: $10.2¢/kWh · #36 ranked

Get Your Mississippi Solar Analysis

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