Here s how the numbers work for a maine purchase of a 5 kw rooftop solar system.
Buy solar panels maine.
Maine has also passed laws to encourage the piloting of community shared solar a model that would allow mainers to buy into larger shared solar installations.
Installing a typical 5 kw solar system should start at about 18 750.
How much do solar panels cost in maine.
Solar power is a clean pollution free renewable energy source that is available statewide.
Maine has tremendous potential for solar power but in the past decade we have fallen behind while other states in the region and places around the world have enjoyed the environmental and economic benefits of solar.
Nature power solar panels take the sun s energy and turns it into electric current.
The average cost of a solar panel installation in maine ranges from 12 580 to 17 020.
As of sep 2020 the average cost of solar panels in maine is 2 87 per watt making a typical 6000 watt 6 kw solar system 12 756 after claiming the 26 federal solar tax credit now available.
This is higher than the average price of residential solar power systems across the united states which is currently 2 55 per watt.
While all specifics are still being hammered out keep your eyes peeled for the option to go solar without actually having to put any panels on your own roof.
They have a scratch resistant and anti reflective coating to help keep the solar panel in good shape for many years.
Prices depend on the type of panel monocrystalline or polycrystalline manufacturer size 60 cell 120 cell 72 cell or 144 cell and wattage output.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
Don t worry if that sounds high tax credits and energy savings will make it a lot cheaper after year 1.
How long does it take to earn back your initial investment in solar panels.
Wattage output ranges from 310 to 420 watts with an average per watt price of 68 to 75 cents.
Maine coastal solar installs grid connected and off grid solar panels to homes and businesses in maine and offers other earth friendly energy solutions such as whole house generators and other supplemental power.
On a cost per watt w basis a solar panel installation in maine ranges in price from 2 52 to 3 40.
This is 2 87 per watt.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
Where it operates serves downeast maine southwest harbor and surrounding areas year of opening 1975.
These solar panels are high efficiency 12 volt solar panels featuring sturdy aluminum frames and high transparency tempered glass tops.