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Net energy billing and community solar programs driving rapid solar growth. Compare rates across 7 utilities and browse solar savings for 91 towns.
18.4¢
/kWh
7
0 IOU · 0 Muni · 0 Co-op
100%
of utilities
$64k
at avg rate · 13.9yr payback
Maine residents across 91 towns and cities are served by 7 electric utilities, with residential rates ranging from 11.6¢ to 32.0¢ per kWh. The state average of 18.4¢/kWh is well above the national average of 16.8¢/kWh, making solar an especially strong financial investment. At this rate, a typical 8 kW solar system saves approximately $1,763 per year.
The federal residential solar tax credit (Section 25D) expired at the end of 2025. This means homeowners who buy solar with cash or a loan no longer receive a federal tax credit. State and utility-level rebates are now the primary way to reduce your solar investment. Third-party owned systems (leases and PPAs) still qualify for 30% under Section 48/48E.
100% of Maine utilities offer net metering, allowing solar homeowners to earn bill credits for excess energy.Browse the towns below to see exact rates, incentives, and savings estimates for your specific location.
7 utilities · sorted by rate
| Utility | Type | Rate | Net Metering | Solar Rebate | |
|---|---|---|---|---|---|
| Versant Power | investor_owned | 32.0¢ | — | Details → | |
| Central Maine Power | investor_owned | 26.7¢ | — | Details → | |
| Eastern Maine Electric Cooperative | cooperative | 17.6¢ | — | Details → | |
| Madison Electric Works | municipal | 15.1¢ | — | Details → | |
| Houlton Water Company | municipal | 13.0¢ | — | Details → | |
| Van Buren Light & Power District | municipal | 12.5¢ | — | Details → | |
| Kennebunk Light & Power District | municipal | 11.6¢ | — | Details → |
91 towns with utility-specific data
Based on avg rate of 18.4¢/kWh
NuWatt installs directly across Maine. No subcontractors, no lead sharing.
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