Solar Panels Cost $0k-$0k in Piscataquis County, ME | November, 2024
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How much do solar panels cost in Piscataquis County, ME in 2024?
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In Piscataquis County, ME, the cost per watt of solar systems averages $0 per watt in November, 2024.
It will cost you $0, on average, per 1000 watts (1 kW) your solar system is able to generate. After receiving the 30% federal tax credit, a 5 kW panel install in Piscataquis County will cost approximately $0. It's important to note that a more powerful system could be needed to cover your energy consumption.
To the left, you have the option to select your county and see the typical roof size along with the average maximum capacity for residential solar in homes in your area. See below a full outline of the {price|costs, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Piscataquis County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Piscataquis County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Piscataquis County: $35,774US Average: $16,169
Solar Potential in Piscataquis County
Estimated system size and solar electricity production per median viable roof in Piscataquis County.
Roof size 465sq. ft.
Capacity 6.5kW DC
Electricity 7.4kkWh AC per yr.
Electricity Costs in Piscataquis County, ME & What that Means for Your Solar Panel Pricing
The average electricity bill for a Piscataquis County resident is 149.06, with a monthly consumption of 518 kWh. Petite homes, such as bungalows and apartments, are also encompassed by the figures mentioned in the former sentence.
For November 2024, the mean electricity rate in Piscataquis County, ME is 28.75¢ per kWh.
Currently, a 5 kW solar setup will cost you roughly $0at first, but thanks to the federal tax credit, you receive 30% back, bringing the cost down to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Piscataquis County
Shown on the left, you will find a price breakdown for multiple solar panel system sizes set up in Piscataquis County. Naturally, with a more extensive solar system, there will be a greater initial expense, but the advantages include more electricity savings and larger income tax credits.
In the calculator provided to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $149.06 electric bill for Piscataquis County. To get results more personalized, adjust the $149.06 to align with your typical electricity bill.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 1kW
Roof Size Min. space required
72 ft²
Electricity Value Annual Production $393 a year
Est. Price
$0
Savings from a 1kWthis system
Est. yearly production 1,354 kWh
Est. monthly savings $33
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.33 tons a year
Equivalent to planting 15 trees a year
Equivalent to driving 817 mi less a year
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $785 a year
Est. Price
$0
Savings from a 2kWthis system
Est. yearly production 2,708 kWh
Est. monthly savings $65
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.66 tons a year
Equivalent to planting 30 trees a year
Equivalent to driving 1,634 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $1,178 a year
Est. Price
$0
Savings from a 3kWthis system
Est. yearly production 4,062 kWh
Est. monthly savings $98
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.99 tons a year
Equivalent to planting 45 trees a year
Equivalent to driving 2,450 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,571 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 5,417 kWh
Est. monthly savings $131
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 1.32 tons a year
Equivalent to planting 61 trees a year
Equivalent to driving 3,267 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,963 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 6,771 kWh
Est. monthly savings $149
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 1.5 tons a year
Equivalent to planting 69 trees a year
Equivalent to driving 3,719 mi less a year
Piscataquis County Solar Panel Installation Incentives & Rebates | 2024
For rural small businesses and farms, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. Curious if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.
Most residents can qualify for a 30% federal income tax credit for residential solar, making it a feasible option in numerous areas of the United States. A variety of regional and state programs exist to encourage solar energy adoption.
In Maine, different utilities and government organizations offer 6 solar rebate and incentive initiatives.
Solar incentives in MEIncentive Description Value
Solar and Wind Energy Property Tax Exemption
Value:Varies
Solar photovoltaic equipment and wind turbines in Maine are exempt from state property taxes. The only conditions are that the generated energy must be used on-site and that the panels/turbines are interconnected to the state's power grid under a net metering contract. Additional information is available from the Maine Department of Revenue.
Renewable Portfolio Standard
Value:Varies
Maine first adopted a mandatory renewable portfolio standard in 1997. Currently, the standard requires 80% of the state's energy to be generated from renewable sources by 2030, with conventional sources phased out completely by 2050. Eligible technologies to meet the standard include solar, wind, geothermal, biomass, CHP, waste burning, and hydroelectric. Compliance with the standard is measured using a renewable energy credit (REC) and thermal credit (TREC) system pegging electrical and heat capacity to dollar values. Utilities are responsible for procuring their credit quota from customers through net metering or other purchasing contracts.
Efficiency Maine Trust - Energy Efficiency and Renewable Resource Fund
Value:Varies
The Efficiency Maine Trust is a public benefits fund for energy efficiency projects in the state. Unique to many other states, it is supported by voluntary contributions of up to $10 on monthly energy bills. A large portion of the trust supports grant programs for renewable energy and energy efficiency for local governments, nonprofits, and school districts. The trust's administrators produce an annual report for the Maine legislature detailing budget items and spending initiatives. Additional information is available from the trust website.
Maine Green Power Program
Value:Varies
The Maine Green Power (MGP) program was established through a public-private partnership with 3 Degrees Group. MGP allows the state government to directly purchase renewable energy credits; however, these credits may not be used to meet the renewable portfolio standard. Currently, the program funds large-scale renewable energy generation facilities throughout the state, including a major hydroelectric project. Any Central Maine Power or Emera customer may directly purchase power from MGP in blocks. Additional information is available through the MGP website.
Local Option - Property Assessed Clean Energy
Value:Varies
City and county governments in Maine may offer their own property-assessed clean energy (PACE) financing programs for energy efficiency improvements and equipment. Depending on the specific program, residential and commercial property owners alike have access to an open market of available lenders offering competitive loans and terms. Effectively, funding comes from the government; repayment will therefore take the form of a tax lien senior to the property's mortgage. Maine has standardized PACE loan terms. Available principal ranges from $6,500 to $15,000 at 4.99% APR. Loans can be repaid over up to a 15-year period. While single-family homes may receive PACE funding, they also face more regulations and concerns from the FHFA. Fannie Mae and Freddie Mac cannot take ownership of a mortgage with an active PACE lien, and it is up to the locality to establish loss reserve funds or other safeguards. Interested property owners should consult with their local or county government, as not every jurisdiction offers PACE loans.
Green Power Purchasing
Value:Varies
Any Mainer can opt into the Maine Green Power program to source their energy from local renewable facilities. The program is supported by a surcharge on subscribers' energy bills and pegs consumption to RECs. Governments can purchase RECs through the public-sector arm of the program. Currently, the state government is purchasing RECs from a hydroelectric project to meet a majority of its renewable portfolio standard. Since 2007, 100% of Maine's energy is sourced renewably. Additional information is available through the Maine Green Power website.
Are solar panels worth it in Piscataquis County, ME?
If you're planning to stay in your home past the period required to pay back your solar investment, installing solar panels is a smart decision in Piscataquis County. Installing a 5 kW solar system in Piscataquis County, ME will, on average, save you $35,774.4 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Piscataquis County, ME
Beyond missing out on the savings noted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. As illustrated by recent news, total dependence on your utility is not always the best option.
Over the last few years, the utilities in Piscataquis County have had about 1.75 outages per customer each year. The typical duration of each outage is 215.75 minutes. When significant events such as lightning strikes, grid management errors, or planned maintenance occur, these time frames can become much longer.
View the graphic below to see the number of current electricity customers without power in Piscataquis County.
Whether a backup battery is included or not, a solar panel system could ease the pressure of possible future outages.
Power Outages
Currently, 0 customers are being tracked in Piscataquis County.
What impacts the cost of solar panels in Piscataquis County, ME?
Your Energy Needs - With larger solar panel systems, the cost per watt decreases, despite the higher upfront expense. Many people find it useful to install a solar energy system that can replace their entire electric bill. This results in greater savings.
Make & Model - There are a variety of makes and models of solar panels and mounting equipment. The contractor’s preference for system makes it important to choose a reputable contractor. Higher grade models usually provide an enhanced long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's not hard to see why. These panels cost more but offer a higher energy efficiency. The majority of installers in the industry work with panels constructed of this material.
Your Property - Every property and home is distinct. Trees, rough terrain, or other challenges can make the installation more difficult. Nowadays, the majority of solar installers can leverage satellite imagery to assess your home and include these aspects into the preliminary cost estimate.
Labor Rates - The pay that various companies offer their employees differ, and these costs are borne by the consumers. Companies paying more to their employees frequently get higher reviews for their work and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by area, will affect your installation cost. That said, experienced local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.
See what solar panels cost in other Piscataquis County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Piscataquis County?
In Piscataquis County, ME, the mean cost per watt for solar panels as recorded in November, 2024 is $0/W. Installing a 5 kW solar panel system in Piscataquis County, ME will cost approximately $0 after applying the federal tax credit.
Residents of Maine can currently take advantage of 6 rebates and incentives offered by various utilities and government bodies. Additionally, the vast majority qualify for the 30% federal tax credit.
Paying cash provides the highest savings, but there are now several financing options for solar panels that are also cost-effective. Many installers work with financing partners and will provide this information in your initial quotes.
Yes, on average, the return on investment for 5 kW solar panel systems in Piscataquis County, ME is achieved in 0 years, with electricity savings amounting to $35,774.4 over 20 years.