Solar Net Metering Maine

In the maine legislature assistant majority leader sara gideon d freeport introduced a new bill to increase maine s solar industry tenfold and implement a market based program replacing the current net metering policy.

Solar net metering maine.

In vermont and utah net metering is under attack in danger of being significantly devalued or eliminated. Outside of policy maine has announced the winners of the state s largest ever renewable solicitation. This electricity even if used on site was given a lower value. Are solar panels worth it in maine.

Passing ld 91 in 2019 reinstated traditional net metering. In arizona the state s rooftop solar export rates have been saved for at least another year. As established by ld 91 maine customers who own a solar pv system will receive a one to one credit for the excess electricity they produce per kilowatt hour. Existing customers and projects installed before 2018 will keep the current net metering rate for up to 15 years.

In 2020 they also remain subsidized by the 26 federal tax credit and the net metering law making them an excellent investment. Net energy tariff rates. Net metering is used throughout the united states. Net metering has made it possible for thousands of maine home and business owners to own and produce their own solar power.

However if you have unused net metering credits at the end of the year they get reset to zero and cannot be credited toward your january bill from december. Solar panels have fallen in price by more than 80 in the last ten years. Ld 91 an act to eliminate gross metering reverses that decision and restores net metering in maine. Modernizes net metering by eliminating a 10 meter cap on community shared solar projects raises project size limit to 5 000 kilowatts enabling economies of scale and makes it explicit that third party ownership e g.

With kudos to governor janet mills maine has re established 1 to 1 net metering credits at full retail for solar home solar energy. The commission will establish tariff rates by january 1 each year for the net energy tariff rate program. Non profit ppas solar leases are allowed under net metering.