Home Solar Panels Maine

Solar panel cost data maine 2020 updated.

Home solar panels maine.

When it comes to states that get a lot of sun maine isn t on the top of the list. Maine solar solutions installed 13 solar panels and a heat pump in my home. Learn more about your potential savings in our design studio. We design install and service solar electric systems throughout maine helping homeowners make the switch to solar.

As of september 2020 the average solar panel cost in maine is 2 96 w given a solar panel system size of 5 kilowatts kw an average solar installation in maine ranges in cost from 12 580 to 17 020 with the average gross price for solar in maine coming in at 14 800 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price. In order to find a range for number of solar panels we compared arizona and maine s solar panel production ratios 1 31 and 1 61 the highest and lowest in the u s. This is higher than the average price of residential solar power systems across the united states which is currently 2 64 per watt. Solar power is a clean pollution free renewable energy source that is available statewide.

The consensus on maine solar power rebates and incentives. If you install solar panels you will enjoy free electricity and protect yourself from rising energy costs. Many homeowners are choosing to power their homes with solar panels and for good reason. With the 26 federal tax credit and low solar panel prices there has never been a better time to install a solar energy system.

Maine has tremendous potential for solar power but in the past decade we have fallen behind while other states in the region and places around the world have enjoyed the environmental and economic benefits of solar. Use solar energy to power your home and reduce your dependence on the grid. As of sep 2020 the average cost of solar panels in maine is 2 87 per watt making a typical 6000 watt 6 kw solar system 12 756 after claiming the 26 federal solar tax credit now available. Pat m south portland.

Why residential solar electric. We then took 11 000 kwh and divided it by the respective ratios and then divided that number by 250 the typical panel wattage. In maine the average solar payback period is 11 67 years. Earn a great return on your investment by installing solar on your maine home or business.

But thanks to some smart policymaking by the state government mainers can still benefit from home solar panels. A solar payback periodis the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings.