Solar Savings Calculator for Maine

Maine homeowners pay an average of $155/month for electricity at 22.5¢/kWh. With 4 peak sun hours per day, solar can dramatically cut your energy costs.

$155
Avg Monthly Bill
22.5¢/kWh
Electricity Rate
4h/day
Peak Sun Hours
$52,597
Est. 25-Year Savings

Calculate Your Savings in Maine

Adjust Your Details for Maine

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
6 kW
Panel Count
15 panels
Total System Cost
$17,400
Federal Tax Credit (30%)
-$5,220
Net Cost
$12,180
Annual Savings
$1,860
Payback Period
6.5 years
25-Year Savings
$52,597
Return on Investment
432%

* Estimates based on 4 peak sun hours/day in Maine, system cost of $2.9/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Maine

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Cities in Maine

Select your city for a more precise estimate with local electricity rates and utility information.

Portland

22.8¢/kWh · 4.1h sun/day

Avg bill: $158/mo · Central Maine Power

Lewiston

22.5¢/kWh · 4h sun/day

Avg bill: $152/mo · Central Maine Power

Bangor

23¢/kWh · 3.9h sun/day

Avg bill: $155/mo · Versant Power

South Portland

22.5¢/kWh · 4.1h sun/day

Avg bill: $155/mo · Central Maine Power

Auburn

22.5¢/kWh · 4h sun/day

Avg bill: $150/mo · Central Maine Power

Biddeford

22.8¢/kWh · 4.1h sun/day

Avg bill: $152/mo · Central Maine Power

More Solar Resources for Maine

Maine Solar IncentivesTax credits, rebates, and SRECsMaine Cost ComparisonSolar vs. grid costs over 25 yearsMaine System SizingHow many panels your home needsMaine Permits & RegulationsLocal permit requirements and HOA rulesIs Solar Worth It in Maine?Data-driven analysis for your stateMaine Financing OptionsCompare loans, leases, and PPAs

Go Solar in Maine

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