Is Solar Worth It in Lewiston, ME?

A data-driven analysis based on Lewiston's electricity rates, sun exposure, and available incentives.

Yes, Solar Is Worth It in Lewiston

With a 6.2-year payback and 459% ROI, solar is an excellent investment in Lewiston.

6.2 years
Payback Period
$52,155
25-Year Savings
459%
Return on Investment
$11,368
Net System Cost
$152
Monthly Savings
$1,824
Annual Savings
5.6 kW
System Size
$650
Home Value Boost

Why Solar Works in Lewiston

  • +High electricity rates (22.5¢/kWh) mean bigger savings
  • +Full net metering — get retail credit for excess energy
  • +Estimated $650 increase in home value
  • +30% federal tax credit reduces upfront cost significantly
  • +Protection against future electricity rate increases (avg 3%/year)

Considerations

No significant drawbacks for solar in Lewiston.

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