Many of our customers arrange for financing themselves, taking advantage of a home equity line of credit or mortgage to
Mosaic Solar Loans
For people who’ve wanted to go solar but found upfront price an obstacle – Maine Solar Solutions offers solar loans for no money down through Mosaic. Customers’ monthly payments end up being the same as or lower than their current electric bill.
Here’s how it works: Contact our team for a free solar assessment. We design you a system like we always have. On our call, we also will review how a solar loan works and work together to build the best loan package possible for your goals and budget.
Mosaic is recognized as a leader in being a socially-responsible lender and is dedicated to accelerating the transition to 100% clean energy. They offer a streamlined, consumer-friendly lending process, coupled with easy online access, so customers can instantly qualify for no money down loans, fixed interest rates, and loan term options. Learn more if solar loans make sense for you by scheduling a call with one of our solar consultants.
Tax Credits for Solar Electric Systems
Solar electric systems qualify for a 26% federal tax credit in 2022. This credit is a dollar-for-dollar tax credit and will reduce the amount of tax owed by the system owner before any deductions are applied. It is decreasing in 2023. Learn more about how the solar tax credit is sunsetting over the next few years.
Federal REAP Grants
Many Maine businesses and agricultural producers qualify for Rural Energy for America Program (REAP) Grants. Maine Solar Solutions offers turnkey grant application services for our solar customers. Learn more about REAP Grants here.
Rebates for Solar Electric Systems
Maine does not currently offer rebates for solar electric systems.
Questions about financing options? Start the process by scheduling your free solar assessment. We will review your financing options, so you have the information you need to make an informed decision.