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Solar Panel Cost in Southaven, Mississippi
Local pricing, savings, and net metering data for Southaven homeowners.
$1,460
Annual Savings
13.1 yrs
Payback Period
$19,097
Net Cost
$30,773
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Southaven
System Size
9.9 kW
Annual Production
13,905 kWh
Gross System Cost
$27,282
Federal Tax Credit (30%)
-$8,185
State Incentive
None
Net Cost
$19,097
Monthly Savings
$122
CO₂ Offset/yr
12,792 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$0.105/kWh
Peak Sun Hours4.8 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 Southaven?
Solar in Southaven, Mississippi costs approximately $27,282 for a 9.9 kW system. After the 30% federal tax credit, your net cost is about $19,097.
What is the solar payback period in Southaven?
The estimated payback period for solar in Southaven is 13.1 years, based on a $150/month electric bill and local sun hours of 4.8 hrs/day.
Does Entergy Mississippi offer net metering?
Entergy Mississippi offers Full Retail net metering. Full retail rate.