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
5¢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.
Other Cities in Maine
More Solar Tools for Bangor
Bangor Solar IncentivesAll available tax credits and rebatesBangor Cost ComparisonSolar vs. grid costs over 25 yearsBangor System SizingHow many panels your home needsBangor Permits & RegulationsLocal permit requirementsIs Solar Worth It in Bangor?Data-driven analysis for your cityBangor Financing OptionsCompare loans, leases, and PPAs
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