Cost & Savings Breakdown
Based on $150/month electric bill in Bangor
System Size
7.5 kW
Annual Production
8,538 kWh
Gross System Cost
$25,491
Federal Tax Credit (30%)
-$7,647
State Incentive
-$2,000
Net Cost
$15,844
Monthly Savings
$122
CO₂ Offset/yr
7,855 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEmera Maine
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.171/kWh
Peak Sun Hours3.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$2,000
Maine State Incentive — Maine offers a solar rebate program up to $2,000.
Common Questions
How much does solar cost in Bangor?
Solar in Bangor, Maine costs approximately $25,491 for a 7.5 kW system. After the 30% federal tax credit, your net cost is about $15,844.
What is the solar payback period in Bangor?
The estimated payback period for solar in Bangor is 10.9 years, based on a $150/month electric bill and local sun hours of 3.9 hrs/day.
Does Emera Maine offer net metering?
Emera Maine offers Full Retail net metering. Check with your utility for current compensation rates..