Maine Solar Panel Rebate

Maine has multiple solar programs and policies in place to make going solar easy in vacationland.

Maine solar panel rebate.

Efficiency maine is not currently offering rebates for solar projects. Click here for a registry of independent solar installers. 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. Find out more here.

Solar electric systems qualify for a 26 federal tax credit in 2020. What are the best solar programs and rebates in maine. Maine does not currently offer rebates for solar electric systems. Solar electric or photovoltaic pv systems use the sun to produce electricity.

Unfortunately that rebate program has gone the way of the great auk. As a credit you take the amount directly off your tax payment rather than as a deduction from your taxable income. The amount of power generated by a pv system depends on the size of the system and how much sunlight reaches it. Maine used to have a small rebate program for homeowners who installed solar panels on their homes.

Solar electric or photovoltaic pv systems convert sunlight into electricity. Maine state energy tax credits maine does not offer state solar tax credits. There is no current solar rebate program available to maine residents. 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.

In 2020 they also remain subsidized by the 26 federal tax credit and the net metering law making them an excellent investment. Learn more about solar rebates. 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. The state will also help finance your purchase of a solar energy system with a relatively inexpensive loan.

This applies to both residential and commercial solar pv systems. Efficiency maine continues to process rebates and project applications. Contact us or call 207 464 8084 today. They offer a return well above the long term average return from both the share market and also property investment.

Efficiency maine offers a 50 rebate each for the purchase of energy star certified clothes washers and room air purifiers. There may still be other local rebates from your city county or utility. Unfortunately maine offers no state solar power rebates however the federal rebate for installed solar systems is 30. Are solar panels worth it in maine.