Solar Savings Calculator for Gulfport, MS
Homeowners in Gulfport pay an average of $142/month for electricity through Mississippi Power. With 5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$142
Avg Monthly Bill
13.2¢/kWh
Electricity Rate
5h/day
Peak Sun Hours
$45,232
Est. 25-Year Savings
Calculate Your Savings in Gulfport
Adjust Your Details for Gulfport, MS
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,160
Federal Tax Credit (30%)
-$6,048
Net Cost
$14,112
Annual Savings
$1,704
Payback Period
8.3 years
25-Year Savings
$45,232
Return on Investment
321%
* Estimates based on 5 peak sun hours/day in Gulfport, MS, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Gulfport
Utility & Permits
- Utility Company
- Mississippi Power
- Permit Cost
- $250
- Permit Timeline
- 2-3 weeks
- Net Metering
- none
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $20,160
- Net Cost (after credits)
- $14,112
Available Incentives for Gulfport, MS
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Other Cities in Mississippi
More Solar Tools for Gulfport
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