Maine Governor Approves Rebates for Solar Energy Systems

July 06, 2005

Maine Governor John Baldacci approved a bill on June 29th that creates rebates for homeowners and businesses that install solar energy systems. The rebates apply to both solar photovoltaic power systems and solar thermal systems used to heat water or air. Solar photovoltaic systems installed before 2007 will earn a rebate of $3 per watt for the first 2,000 watts and $1 per watt for the next 1,000 watts, for a maximum rebate of $7,000. Solar thermal systems will earn a rebate of 25 percent of the system cost, including installation, up to a maximum rebate of $1,250. The rebates will be funded through an assessment of the state's utilities. See the text and status of the bill on the State of Maine Legislature Web site.