Madison Electric Works

Madison Electric Works serves customers in Anson, Madison in Maine with a residential electricity rate of $0.15 per kWh. This is 10% below the national average of $0.168/kWh, though solar still delivers strong returns with today’s lower installation prices.

At current rates, a typical Madison Electric Works household using 900 kWh per month spends approximately $1,635 per year on electricity. An 8 kW solar system can offset most or all of that usage, saving an estimated $1,453 annually and $52,991 over the 25-year life of the system. The estimated payback period is 16.8 years.

As a municipal utility, Madison Electric Works sets its own rates and policies independently. Madison Electric Works offers net metering, allowing solar customers to receive credits for excess energy sent back to the grid. Heat pump rebates of up to $500 are also available.

The federal residential solar tax credit (Section 25D) expired at the end of 2025. State and utility-level incentives are now the primary financial benefits for homeowners going solar. NuWatt Energy handles the entire process from system design through permits and Madison Electric Works interconnection, ensuring you receive every available rebate.