Solar Savings Calculator for Bangor, ME

Homeowners in Bangor pay an average of $155/month for electricity through Versant Power. With 3.9 peak sun hours per day, solar panels can significantly reduce your energy costs.

$155
Avg Monthly Bill
23¢/kWh
Electricity Rate
3.9h/day
Peak Sun Hours
$52,597
Est. 25-Year Savings

Calculate Your Savings in Bangor

Adjust Your Details for Bangor, ME

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
6 kW
Panel Count
15 panels
Total System Cost
$17,400
Federal Tax Credit (30%)
-$5,220
Net Cost
$12,180
Annual Savings
$1,860
Payback Period
6.5 years
25-Year Savings
$52,597
Return on Investment
432%

* Estimates based on 3.9 peak sun hours/day in Bangor, ME, system cost of $2.9/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Bangor

Utility & Permits

Utility Company
Versant Power
Permit Cost
$325
Permit Timeline
3-4 weeks
Net Metering
full

System Estimates

Recommended Size
6 kW
Panel Count
15 panels
Gross Cost
$17,400
Net Cost (after credits)
$12,180

Available Incentives for Bangor, ME

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

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