Here s how the numbers work for a maine purchase of a 5 kw rooftop solar system.
Buy solar panels maine.
Installing a typical 5 kw solar system should start at about 18 750.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
Don t worry if that sounds high tax credits and energy savings will make it a lot cheaper after year 1.
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.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8.
How much do solar panels cost in maine.
Prices depend on the type of panel monocrystalline or polycrystalline manufacturer size 60 cell 120 cell 72 cell or 144 cell and wattage output.
Solar panel cost in maine the average cost for an installed residential solar system in maine is currently 12 756 after claiming the 26 federal solar tax credit.
Nature power solar panels take the sun s energy and turns it into electric current.
Solar panel prices vary widely around 200 to 600 or more per panel.
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.
This is 2 87 per watt.
This is higher than the average price of residential solar power systems across the united states which is currently 2 55 per watt.
Wattage output ranges from 310 to 420 watts with an average per watt price of 68 to 75 cents.
On a cost per watt w basis a solar panel installation in maine ranges in price from 2 52 to 3 40.
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.
These solar panels are high efficiency 12 volt solar panels featuring sturdy aluminum frames and high transparency tempered glass tops.
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.
How long does it take to earn back your initial investment in solar panels.
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.
The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.