Maine

Benefits of Going Solar in Maine:

1. Reduced Electricity Bills: By installing a solar panel system, homeowners can generate their own electricity, which can significantly reduce their electricity bills.

2. Increased Property Value: A solar panel system can increase the value of a property, making it more attractive to potential buyers if the owner decides to sell.

3. Environmental Benefits: Solar energy is a clean and renewable energy source that does not produce harmful emissions, reducing the carbon footprint of a property.

Top Utilities Net Metering Policies in Maine:

1. Central Maine Power (CMP): CMP offers net metering to residential and commercial customers with solar panel systems up to 660 kW in capacity. Excess energy generated by the system is credited to the customer's account and carried over to the following month.

2. Emera Maine: Emera Maine offers net metering to residential and commercial customers with solar panel systems up to 100 kW in capacity. Excess energy generated by the system is credited to the customer's account and carried over to the following month.

3. Houlton Water Company: Houlton Water Company offers net metering to residential and commercial customers with solar panel systems up to 660 kW in capacity. Excess energy generated by the system is credited to the customer's account and carried over to the following month.

Rebates and Incentives in Maine to Go Solar:

1. Efficiency Maine: Efficiency Maine offers rebates to homeowners who install solar panel systems. The rebate amount varies depending on the size of the system, but can be up to $2,000 for residential systems.

2. Federal Tax Credit: Homeowners who install solar panel systems can claim a federal tax credit of 30% of the system cost.

3. Property Tax Exemption: Solar panel systems are exempt from property taxes in Maine. This means that homeowners will not be subject to additional property taxes for installing a solar panel system.