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.

The commission will establish tariff rates by january 1 each year for the net energy tariff rate program. With kudos to governor janet mills maine has re established 1 to 1 net metering credits at full retail for solar home solar energy. In january 2017 the maine public utilities commission approved to decrease the net metering rate by 10 percent each year and remaining at the rate for 15 years effective january 1 2018. 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.

This electricity even if used on site was given a lower value. Net metering is used throughout the united states. Outside of policy maine has announced the winners of the state s largest ever renewable solicitation. In 2020 they also remain subsidized by the 26 federal tax credit and the net metering law making them an excellent investment.

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. Existing customers and projects installed before 2018 will keep the current net metering rate for up to 15 years. Passing ld 91 in 2019 reinstated traditional net metering. Ld 91 an act to eliminate gross metering reverses that decision and restores net metering in maine.

Are solar panels worth it in maine. In vermont and utah net metering is under attack in danger of being significantly devalued or eliminated. Net metering has made it possible for thousands of maine home and business owners to own and produce their own solar power. Net energy tariff rates.

In arizona the state s rooftop solar export rates have been saved for at least another year. In 2015 2016 in maine a collective group of environmentalists consumer representatives installers of solar power and. Non profit ppas solar leases are allowed under net metering.