Solar Companies in Maine

Maine's northern New England location provides moderate solar resources with approximately 3.8 peak sun hours daily, but high electricity rates exceeding $0.22/kWh create a strong economic case for solar. The Pine Tree State has increasingly embraced renewable energy with supportive policies and a goal of 80% renewable electricity by 2030.

Maine transitioned from traditional net metering to a net billing system that provides kilowatt-hour credits for excess generation. Central Maine Power and Versant Power (formerly Emera Maine) are the state's two investor-owned utilities. Efficiency Maine, the state's energy efficiency trust, offers information and sometimes rebates for solar installations. Maine also provides a property tax exemption for solar equipment.

Portland, Bangor, and Lewiston are the primary residential solar markets. High electricity rates mean that despite moderate sunshine, Maine homeowners can achieve payback periods of 8-11 years with the federal tax credit.