Solar power for homes maine

How much do solar panels cost in Maine?

The average Maine homeowner needs a 10.15 kW solar panel system to cover their electricity needs, which comes out to $33,080 before incentives. Prices range from $28,118 to $38,042, but after the federal tax credit, that drops by 30%. While this is a lot of money, adding solar panels will help you avoid paying Maine's high electricity rates.

Who installs solar panels in Maine?

Here are some Maine companies that install panels and solar battery storage systems: Solarmarine Llc. Picking a solar company is the most important decision you make when going solar. You need to trust them to drill holes in your roof, help you navigate financing and incentives and provide you with 25+ years of customer service.

Does Maine have solar energy?

The available sunlight in Maine is generally conducive to solar energy. The state as a whole receives 192 sunny days per year, which is often plenty for homeowners to see substantial value in their solar panels.

How much does a 5 kW solar system cost in Maine?

While a 5 kW system will only cost you $16,423 in Maine, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill. Are solar panels worth it in Maine?

Is going solar in Maine worth it?

Going solar in Maine is worth it. The Pine Tree State has one of the highest electricity rates in the country, so residents stand to see big savings by reducing their dependency on the power grid and relying primarily on solar energy.

Do solar panels increase property taxes in Maine?

Property Tax Exemption: Solar panels will bump up your home value, which normally increases your property taxes. The property tax exemption in Maine prevents your taxes from going up just because you install solar panels. Many homeowners don’t realize that solar makes your home more valuable.