Federal solar credit ended Dec 31, 2025
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Solar costs · Maine

Solar Panel Cost in Maine

Updated Data verified Nov 5, 2026

A typical Maine home uses 550 kWh a month[1] of electricity. Covering that with solar takes a system of about 5.0 kW est.[1,2], which costs roughly $15,500 to $20,500 est.[1,2,3] before incentives at the state's median installed price. With Maine's average residential price of 30.23¢ per kWh[4], our model puts payback at about 8 years est.[1,2,3,4,5]. Your quote, roof and utility plan will move these numbers, so treat them as a starting point.

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Maine solar at a glance

Average electricity price30.23¢/kWh[4]Jan–Aug 2026 average (preliminary)
Average home use550 kWh/mo[1]2024 average
Solar output per kW1,319 kWh/yr[2]PVWatts estimate for Portland
Median installed price$3.60/W[3]Estimate, before incentives
Typical system5.0 kWSized to cover 100% of use
Typical price$18,000Estimate, before incentives
Year-1 savings$1,990Estimate
Payback8 yearsEstimate, cash purchase

Estimates use the inputs above and the assumptions in our methodology: Maine net metering: exports credited at the retail rate (statewide rule; your utility's tariff may differ). Prices rise 2.5% a year; panels lose 0.5% a year.

Solar cost in Maine by system size

Same assumptions as the typical home above; only the system size changes. Prices are the state median before incentives and include the incentives our calculator applies by default in Maine.

Estimated cost, output and payback by system size in Maine
SystemPrice before incentives[3]After incentiveskWh in year 1[2]Year-1 savings[4][5]Payback (years)
4 kW$14,400$14,4005,280$1,5908
6 kW$21,600$21,6007,910$2,00010
8 kW$28,800$28,80010,550$2,00013
10 kW$36,000$36,00013,190$2,00015
12 kW$43,200$43,20015,830$2,00018

Incentives that lower the price in Maine

Federal · tax creditEnding soon

Business credit for leased and PPA systems (48E)

Claimed by the system owner, not the homeowner; solar must begin construction by July 4, 2026 or be in service by December 31, 2027[6]

If a company owns the panels on your roof (a lease or power purchase agreement), that company may claim the business clean electricity investment credit and can reflect it in your price. You cannot claim it yourself.

Who
Third-party-owned systems (leases and PPAs). Ask the provider whether the price assumes this credit.
Deadline
December 31, 2027
Checked
November 5, 2026
State · tax exemptionAvailable

Solar Energy Equipment Property Tax Exemption

Solar equipment that generates heat or electricity is exempt from local property tax (100% of the equipment's value); owner must file a report with the assessor by April 1 of the first year claimed[7]

For tax years from April 1, 2025: solar equipment whose energy is all used on site, or that is collocated with net energy billing customers subscribed to at least 50% of its output (rooftop home systems qualify).

Who
For tax years from April 1, 2025: solar equipment whose energy is all used on site, or that is collocated with net energy billing customers subscribed to at least 50% of its output (rooftop home systems qualify).
Deadline
None set in the source
Checked
November 5, 2026

All Maine incentives, including utility and local programs →

How Maine utilities credit your solar

Maine's Net Energy Billing kWh Credit Program is open to all customers of Central Maine Power and Versant: each kWh your panels send to the grid offsets a kWh you buy, reducing both delivery and supply charges, and monthly surpluses bank as kWh credits for a rolling 12 months. Credits unused after 12 months expire without payment (their value goes to low-income assistance), and you still pay the monthly customer charge; the 2025 law (PL 2025 c. 430, LD 1777) closed new NEB agreements only for grid-side (community/front-of-meter) projects after Dec 31, 2025, leaving rooftop systems on the customer's side of the meter eligible.[5]

We have not added every Maine utility yet, so the estimates on this page use the state-level rule: Maine net metering: exports credited at the retail rate (statewide rule; your utility's tariff may differ).

Full Maine net metering and export-credit rules →

FAQ

Frequently asked questions

How much do solar panels cost in Maine?

At the state median installed price of $3.60 per watt est.[3], a 5.0 kW est.[1,2] system that covers a typical home's use costs about $18,000 est.[1,2,3] before incentives. Quotes vary with roof, equipment and installer.

How long does solar take to pay for itself in Maine?

For a cash purchase at the state's average electricity price of 30.23¢ per kWh[4], our model estimates about 8 years est.[1,2,3,4,5]. Your utility's export credit and rate plan matter a lot; see the export-credit table above.

Is there still a federal solar tax credit?

Not for homeowners who buy. The Federal Residential Clean Energy Credit (25D)[8] does not apply to systems whose installation is completed after December 31, 2025. Leased and PPA systems are different: the company that owns the system may still claim a business credit.

Change log

  1. Monthly output per kW in Portland updated to [80.5, 94.2, 124.0, 126.6, 141.2, 137.4, 141.4, 132.9, 120.5, 90.5, 67.9, 61.6] kWh/kW/month (NREL/NLR PVWatts v8 (1 kW-DC, fixed roof mount, 20° tilt, south-facing, 14% losses, TMY weather)).
  2. Average solar radiation on the panels in Portland updated to 4.55 kWh/m2/day (NREL/NLR PVWatts v8 (1 kW-DC, fixed roof mount, 20° tilt, south-facing, 14% losses, TMY weather)).
  3. Solar output per kW in Maine (PVWatts, Portland) updated to 1318.6 kWh/kW/yr (NREL/NLR PVWatts v8 (1 kW-DC, fixed roof mount, 20° tilt, south-facing, 14% losses, TMY weather)).
  4. Solar Energy Equipment Property Tax Exemption: now "Solar equipment that generates heat or electricity is exempt from local property tax (100% of the equipment's value); owner must file a report with the assessor by April 1 of the first year claimed" (active).
  5. What the rule says updated to “Generated kWh will be applied against the kWh that you have consumed during the billing cycle. This will reduce the amount of energy that you buy from your electric supplier” (Central Maine Power - Frequently Asked Net Energy Billing Questions (read via Wayback Machine copy of 15 Jul 2026)).