Estimated Savings for a Typical Maine Home
Based on a $150/month electric bill
System Size
6 kW
Gross Cost
$20,443
Federal Credit
-$6,133
State Incentive
-$2,000
Net Cost
$12,310
Annual Savings
$1,460
Payback Period
8.4 yrs
25-Year Savings
$37,561
CO₂ Offset/yr
6,784 lbs
Maine Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$2,000
Maine State Incentive
Maine offers a solar rebate program up to $2,000.
Net Metering Policy: Full Retail
Top utility in Maine: Central Maine Power. View full incentives detail →
Solar Costs by City in Maine
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Portland | $1,460 | 10.6 | 68,408 | Central Maine Power |
| Lewiston | $1,460 | 7.9 | 36,592 | Central Maine Power |
| Bangor | $1,460 | 10.9 | 32,640 | Emera Maine |
| South Portland | $1,460 | 10.1 | 25,404 | Central Maine Power |
| Auburn | $1,460 | 9.1 | 23,055 | Central Maine Power |
| Biddeford | $1,460 | 7.9 | 21,277 | Central Maine Power |
| Sanford | $1,460 | 9.1 | 20,463 | Central Maine Power |
| Saco | $1,460 | 8.2 | 19,919 | Central Maine Power |
| Westbrook | $1,460 | 8.5 | 19,079 | Central Maine Power |
| Augusta | $1,460 | 10.6 | 18,560 | Central Maine Power |
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Quick Facts: Maine
- ⚡ Avg rate: $0.198/kWh
- 🌞 Peak sun: 4.2 hrs/day
- 🏭 Top utility: Central Maine Power
- 📋 Net metering: Full Retail