
Net Metering + Growing Solar Incentives
$1,100/yr
Avg. Annual Savings
4.2 peak hrs/day
Peak Sun Hours
10–15 years
Payback Period
$14,000–$21,000
Avg. System Cost
Overview
Maine may be one of the northernmost states in the country, but its solar market is growing rapidly. High electricity rates (averaging $0.18–$0.22/kWh), strong net metering laws, and state incentives including net metering and a property tax exemption make solar an increasingly attractive investment -- the federal 30% ITC expired Dec 31, 2025, but state programs remain strong for Maine homeowners.
Maine has been expanding its solar incentive programs, and the state's commitment to renewable energy -- including a goal of 80% renewable electricity by 2030 -- is driving continued growth in residential solar installations. Maine homeowners also benefit from a property tax exemption that prevents solar from increasing their tax bill.
Benefits
Maine homeowners save an average of $1,100/yr after going solar.
Maine offers property tax exemptions, net metering credits, and other state-level incentives that reduce your net cost. The federal 30% ITC expired Dec 31, 2025.
Solar panels increase your home's resale value — and are excluded from property tax in most states.
Lock in your electricity rate and protect against rising utility costs for 25+ years.
Available Incentives
Maine requires Central Maine Power (CMP) and Versant Power to offer net metering at the full retail rate for residential solar systems up to 100 kW.
Maine exempts solar energy equipment from property tax assessments, so your property taxes won't increase when you install solar panels.
Maine exempts solar energy equipment from the state's 5.5% sales tax.
Efficiency Maine periodically offers rebates and incentives for residential solar and battery storage installations through its programs.
The federal 30% residential solar tax credit (Section 25D) expired December 31, 2025 and is no longer available for new purchases in 2026. Maine homeowners should focus on state-specific programs including property tax exemptions, net metering, and any available utility rebates.
Common Questions
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