Solar Panels in Madison, ME

Madison, Maine residents are served by Madison Electric Works, which charges $0.15 per kWh for residential electricity. This is 10% below the national average of $0.168/kWh. At this rate, a typical household using 900 kWh per month spends approximately $1,635 per year on electricity—money that could be going toward building equity in a solar system instead.

An 8 kW solar system in Madison can offset most or all of a typical home’s electricity usage, saving approximately $1,453 per year. Over the 25-year lifespan of the system, that adds up to $52,991 in total savings. The estimated payback period is 16.8 years.

As a municipal utility, Madison Electric Works sets its own rates and rebate programs independently. Net metering is available, meaning excess solar energy you produce earns bill credits from Madison Electric Works. Heat pump rebates of up to $500 are also available for Madison homeowners.

The federal residential solar tax credit (Section 25D) expired at the end of 2025, making state and utility incentives more important than ever. NuWatt Energy installs solar panels, heat pumps, EV chargers, and battery storage directly in Madison—no subcontractors or lead-selling middlemen. We handle every step from system design through Madison Electric Works interconnection.