Is solar worth it in 04901 (Waterville, ME)?

With an average payback period of 9.3 years and 25-year savings of $39,975, solar panels in Waterville, Maine are a solid investment.

How much do solar panels cost in 04901?

The average cost of a 6kW residential solar system in Waterville, Maine is $14,800 before incentives. The federal 30% Investment Tax Credit reduces this to about $10,360.

How much solar electricity does 04901 get?

Waterville receives 4.11 kWh/m²/day of solar irradiance. A 6kW system in zip code 04901 produces approximately 7,201 kWh per year.

Solar Panel ROI in 04901

Waterville, Maine — Is solar worth it here? Here's what the data says.

2.7x ROI Score

9.3 yrs Payback Period

$1,599/yr Annual Savings

$39,975 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,599

Payback 9.3 yrs

25-yr savings $39,975

Solar Calculator for 04901 (Waterville)

Adjust values to see your personalized solar ROI estimate for Waterville, Maine.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.11 kWh/m²/day

Based on NREL data for Waterville, ME

ROI Score 2.7x

Annual Production 7,201 kWh

Annual Savings $1,599

Payback Period 9.3 years

25-Year Savings $39,975

After 30% ITC $10,360

Solar Data for 04901 – Waterville, ME

Solar Irradiance 4.11 kWh/m²/day -17.1% vs national avg

vs Maine Avg -0.2% State avg: 4.55 kWh/m²/day

Electricity Rate $0.222/kWh Maine average rate

Annual Production 7,201 kWh 6kW system estimate

Waterville gets 4.11 kWh/m²/day (17.1% below national avg) and electricity at $0.222/kWh. The 9.3-year payback represents a solid return — the federal 30% ITC further reduces costs.

Solar Incentives for Waterville, Maine

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Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,800 system, that's $4,440 back.

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Net Metering

Most Maine utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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Maine State Programs

Check with the Maine energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Waterville.

04901 vs Maine Average

Solar Irradiance

04901: 4.11 ME avg: 4.55

Payback Period

04901: 9.3 yrs ME avg: 8.8 yrs

Annual Savings

04901: $1,599 ME avg: $1,678

25-Year Savings

04901: $39,975 ME avg: $41,950

See the full Maine solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

04401 Bangor, ME 2.7x ROI 9.3 yr payback 04101 Portland, ME 2.7x ROI 9.2 yr payback 03801 Portsmouth, NH 2.8x ROI 8.9 yr payback 03301 Concord, NH 2.8x ROI 9 yr payback 03101 Manchester, NH 2.8x ROI 8.9 yr payback