Mississippi Power (Electric) - Residential Loan Program

May 30, 2018


Mississippi Power offers loans to residential customers to help pay for energy efficiency upgrades. The loan can be used for heat pumps, heating & cooling systems, electric water heaters, electric cooling if included with electric heat or electric hot water heating, thermal improvements, duct sealing and infiltration control insulation, storm doors, and Energy Star windows. Interest rates can be as low as 9.9% and the term can be 2, 4, 5 or 6 years. The web site contains an application that must be filled out and either faxed or mailed to Mississippi Power. See the program web site for loan repayment schedules and amounts. Interested customers may contact Mississippi Power for more general information on this program.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Mississippi
Incentive Type: Loan Program
Web Site: http://www.mississippipower.com/my-home/programs-and-services/financing
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Equipment Insulation
  • Water Heaters
  • Heat pumps
  • Air conditioners
  • Programmable Thermostats
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • Doors
  • Comprehensive Measures/Whole Building
  • Other EE
Maximum Loan: $10,000
Loan Term: Rate: 9.9% and up
Repayment: up to 5 years ($5000 and less); up to 6 years ($5,001 and greater)


Name: Mississippi Power Customer Service
Address: PO Box 4079
Gulfport MS 39502-4079
Phone: (800) 532-1502

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.