How Much Does Solar Cost In Maine?
Wondering how much solar costs in Maine? The answer isn’t one-size-fits-all. Here’s what most homeowners don’t realize going in:
- Every home is different: Your cost depends on your home’s size, roofline, shading, and how much energy you use.
- Flexible financing options: Maine Solar Solutions has a variety of financing options to fit a wide range of budgets.
The only way to know your real number is a personalized site assessment — where we look at your home and your actual electrical usage to build an accurate picture.
You may also be wondering…
What’s the expected budget range for residential solar systems?
- Most residential solar systems in Maine cost between $15,000 and $27,000. Your actual price depends on your home’s size, roof, and electrical usage.
What financing options does Maine Solar Solutions offer for a solar system?
- Maine Solar Solutions offers several ways to pay for a solar system, including cash, a traditional solar loan, and a Propel Energy service Agreement (ESA). Our newest program is Propel, which uses loan financing to lower upfront costs, capture available commercial tax credits, and guarantee solar system ownership five years after installation. It’s a strong option for Maine homeowners who want predictable payments, solar warranties, and long-term value.
What other financing options are available?
- Traditional solar loans: Maine Solar Solutions works with a trusted credit union to offer fixed-rate loans with no money down and a consumer-friendly process.
- Home Equity Line of Credit (HELOC): You can leverage your home’s equity for low-interest financing.
- Mortgage refinancing and cash out: You might consider refinancing your mortgage at a lower rate to use the extra funds to pay for a solar installation.
Read more about our financing options.
