Maine Solar Panel Rebate

See program website here for the mail in rebate forms.

Maine solar panel rebate.

All of maine can take advantage of the 26 federal tax credit which will allow you to recoup 26 of your equipment and installation costs for an unlimited amount. This applies to both residential and commercial solar pv systems. Maine has multiple solar programs and policies in place to make going solar easy in vacationland. Efficiency maine offers a 50 rebate each for the purchase of energy star certified clothes washers and room air purifiers.

Unfortunately maine offers no state solar power rebates however the federal rebate for installed solar systems is 30. This credit is a dollar for dollar tax credit and will reduce the amount of tax owed by the system owner before any deductions are applied. Click here for a registry of independent solar installers. Maine used to have a small rebate program for homeowners who installed solar panels on their homes.

Solar electric or photovoltaic pv systems use the sun to produce electricity. There may still be other local rebates from your city county or utility. Our staff and support teams are available to help you and our operators are standing by to explain our programs or to give you an update on a pending. The state will also help finance your purchase of a solar energy system with a relatively inexpensive loan.

Contact us or call 207 464 8084 today. Efficiency maine continues to process rebates and project applications. The amount of power generated by a pv system depends on the size of the system and how much sunlight reaches it. Maine state energy tax credits maine does not offer state solar tax credits.

There is no current solar rebate program available to maine residents. In 2020 they also remain subsidized by the 26 federal tax credit and the net metering law making them an excellent investment. Efficiency maine is not currently offering rebates for solar projects. Interested in learning more about our process and what it takes to go solar in maine.

What are the best solar programs and rebates in maine. Solar panels have fallen in price by more than 80 in the last ten years. Find out more here. As a credit you take the amount directly off your tax payment rather than as a deduction from your taxable income.

Unfortunately that rebate program has gone the way of the great auk. Solar electric or photovoltaic pv systems convert sunlight into electricity. Maine does not currently offer rebates for solar electric systems. They offer a return well above the long term average return from both the share market and also property investment.