Solar Savings Calculator for Hattiesburg, MS
Homeowners in Hattiesburg pay an average of $140/month for electricity through Mississippi Power. With 4.9 peak sun hours per day, solar panels can significantly reduce your energy costs.
$140
Avg Monthly Bill
13.5¢/kWh
Electricity Rate
4.9h/day
Peak Sun Hours
$44,396
Est. 25-Year Savings
Calculate Your Savings in Hattiesburg
Adjust Your Details for Hattiesburg, 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
$1,680
Payback Period
8.4 years
25-Year Savings
$44,396
Return on Investment
315%
* Estimates based on 4.9 peak sun hours/day in Hattiesburg, 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 Hattiesburg
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 Hattiesburg, 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
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