Hello friend! Are you looking to save money on electricity by installing solar panels? Well you‘ve come to the right place. As a Maine resident myself, I‘ve done extensive research to determine the top solar energy companies operating in our state.
I‘ll compare the pros and cons of each provider across key factors like cost, warranties, experience and more. You‘ll also get insider tips to maximize savings through incentives and negotiate the best deals.
Let‘s dive in!
Overview of the Top 7 Solar Companies in Maine
Here is a snapshot of the major solar providers in Maine and what they offer:
Company | Years in Business | Warranty | Cost Range | Credentials |
---|---|---|---|---|
Maine Solar Solutions | 10 years | 25 years equipment | $$ | Licensed, local experience |
New England Clean Energy | 15 years | 10 years roof/workmanship | $$ | NABCEP certified |
NuWatt Energy | 12 years | 25 years equipment | $-$$ | Bonded, insured |
Sundog Solar | 8 years | 25 years performance, 5 years workmanship | $ | NABCEP certified |
SunPower | 35 years | 25 years comprehensive | $$$ | Industry leader |
Summit Energy | 20 years | 30 years labor, 25 years roof | $-$$$ | NABCEP certified |
ReVision Energy | 15 years | 25 years equipment, 5 years workmanship | $ | Community solar expert |
Now let‘s analyze what each company offers for residential solar in more detail…
1. Maine Solar Solutions
- In business for 10 years
- Ranks as #1 Maine-based solar installer by SolarReviews
- No leases or PPAs offered currently
- Standard 25 year equipment warranty
- Provides guidance on state solar incentives
"The team at Maine Solar Solutions offer cost-effective systems and regional expertise you won‘t get from giant national companies."
2. New England Clean Energy
- Founded in 2006
- Completed over 3,500 solar installations
- Offers battery storage options
- 10 year roof penetration and workmanship warranty
- Crews take slightly longer than average for installs per customer reviews
"An experienced local installer that gets the job done right – even if it requires a little more time."
3. NuWatt Energy
- Operating since 2009
- Ranks in top 5 for Maine on SolarReviews
- Flexible financing programs available, including solar loans
- Bonded, insured and certified
- Handles entire utility rebate process for customers
"A great option if you want solar loan financing and help capturing every available rebate."
[…]Solar Incentives Available in Maine
Take advantage of these incentives to maximize your solar savings:
-
Federal Solar Tax Credit – 26% credit for systems installed through 2032. That‘s nearly $7,500 off a $25,000 system! [$4,045 value]
-
Net Metering – Utility pays you full retail credit for excess solar energy to offset costs later [$1,200+ value]
-
Solar Property Tax Exemption – 100% exemption from increased property tax assessment from solar [$550+ value]
-
"Electrify Everything" Portland Rebate – $2,000 rebate for low-income Portland households [specific cases]
Costs and Payback Period Analysis
Based on current incentives and averaging electricity rates, a properly-sized solar system can pay for itself within 5-7 years in Maine. For example:
5 kW System
Details | Cost |
---|---|
Equipment/Installation | $15,000 |
Federal Tax Credit (30%) | -$4,500 |
Net Cost | $10,500 |
- 20 Year Savings: $29,000
- Breakeven Point: Year 6
10 kW System
Details | Cost |
---|---|
Equipment/Installation | $30,000 |
Federal Tax Credit (30%) | -$9,000 |
Net Cost | $21,000 |
- 20 Year Savings: $55,000
- Breakeven Point: Year 7
These savings will continue to grow for the 30+ year lifespan of a solar system.
[…]What To Look For in a Solar Company
When shopping around, keep an eye out for:
✅ NABCEP-certified installers
✅ Proof of insurance/licensing
✅ 5+ years experience (bonus for Maine-specific)
✅ Strong warranties (10+ years workmanship)
✅ Premium equipment (ie Panasonic, REC panels)
Top-tier solar companies will also have:
✅ Competitive package pricing
✅ Positive online reviews
✅ Responsive project management team
Getting quotes from 3-4 installers is recommended before deciding. This allows you to balance finding the best value system while working with a qualified, reputable provider.
Are Solar Panels Worth It in Maine?
In short – yes! Even with snowy winters and fewer sunny days, Maine offers great incentives that enable a 5-7 year payback. That‘s less than what a standard 15 year car loan would be!
Plus once paid off, your solar system will continue producing free renewable energy for another 20+ years. All while increasing the value of your home. That‘s a win-win.
Over 3,500 Maine homes have already gone solar, with growth rates increasing by 15-20% annually. As solar efficiency improves and incentive programs continue, now is the time to join your neighbors and lock in huge energy savings for decades to come!
Ready to Go Solar? Here‘s My Recommended Providers:
Company | Why Choose Them |
---|---|
Best Overall | Summit Energy |
Best National | SunPower |
Best Local Company | Maine Solar Solutions |
Best Warranties | Summit Energy |
Most Affordable | ReVision Energy |
I suggest getting 2-3 free quotes to understand your solar options from only the highest quality providers operating locally. Feel free to reach out if you have any other questions!