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Solar Panel Cost in Horn Lake, Mississippi
Local pricing, savings, and net metering data for Horn Lake homeowners.
$1,460
Annual Savings
14.2 yrs
Payback Period
$20,677
Net Cost
$29,194
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Horn Lake
System Size
10.7 kW
Annual Production
15,368 kWh
Gross System Cost
$29,538
Federal Tax Credit (30%)
-$8,861
State Incentive
None
Net Cost
$20,677
Monthly Savings
$122
CO₂ Offset/yr
14,139 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEntergy Mississippi
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit25 kW limit
Electricity Rate$0.095/kWh
Peak Sun Hours4.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
Common Questions
How much does solar cost in Horn Lake?
Solar in Horn Lake, Mississippi costs approximately $29,538 for a 10.7 kW system. After the 30% federal tax credit, your net cost is about $20,677.
What is the solar payback period in Horn Lake?
The estimated payback period for solar in Horn Lake is 14.2 years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.
Does Entergy Mississippi offer net metering?
Entergy Mississippi offers Full Retail net metering. Full retail rate.