Solar Rebates and Incentives

Listing of Rebates, Tax Credits, Grants, Loans and Other Incentives for Installing Renewable Energy in Maine and New Hampshire

Aggressive federal and state solar rebates and lower equipment costs make solar technology a more affordable investment than ever before for homeowners in Massachusetts, Maine and New Hampshire. Specific rebates vary based on the type of system you are interested in.

At a Glance: Solar Rebates by State/System:

StateSolar Hot WaterSolar Photovoltaic
Maine30% federal credit30% federal credit
New Hampshire30% + $1,500 avg30% + $3,750 max
Massachusetts30% + up to $4,50030% + $5,250 max + SREC payments

At a Glance: Rough Solar Costs After Rebates by State/System:

StateSolar Hot WaterSolar Photovoltaic
Maine$5,500 - $6,400$5,000 - $21,000
New Hampshire$5,850 - $6,700$4,800 - $19,000
Massachusetts$6,000 - $6,700$5,600 - $19,000 + SREC payments

For assistance getting ballpark system economics for your home, you can use either our solar electric system calculator, or solar hot water system calculator. Financing is available for solar investments.

Read on for in-depth descriptions of the rebates available state-by-state and by technology

Residential Solar Electric Rebates

These rebates apply to grid-tied solar electric systems for homes.

Maine Solar Photovoltaic Rebates

Newmarket, New Hampshire - Solar Power

This recent solar installation in Newmarket, New Hampshire benefited from roughly $10,000 in state and federal incentives.

  • 30% federal tax credit uncapped based on system size, average $4,000 - $10,000. This is claimed on IRS form 5695 (PDF link).

Example: A 3kw system costing $12,000 is eligible for $3,600 in incentives, for a net investment of $8,400. The system will pay for itself in around 11 years.

New Hampshire Solar Photovoltaic Rebates

Massachusetts Solar Photovoltaic Rebates

  • 30% federal tax credit uncapped based on system size, average $4,000 - $10,000. This is claimed on IRS form 5695 (PDF link).
  • $0.85/watt up to $4,250 state rebate from Massachusetts Clean Energy Center (CEC); rebate varies based on type of equipment chosen, home value and/or household income.
  • $1,000 state income tax credit from Massachusetts government.
  • Solar Renewable Energy Certificates (SREC) worth from $0.29/kWh - $0.55/kWh, a market-based value for your solar electric production paid for by utilities trying to meet this Renewable Energy Portfolio (RPS) requirements.

Residential Solar Hot Water Rebates

Bethel, Maine - Solar Hot Water

An awning mounted solar hot water system in Bethel, Maine.

These apply to solar thermal installations used to heat domestic hot water:

Maine Solar Thermal Rebates:

  • 30% federal tax credit uncapped based on system size. This is claimed on IRS form 5695 (PDF link).

New Hampshire Solar Thermal Rebates:

Massachusetts Solar Thermal Rebates:

  • 30% federal tax credit uncapped based on system size, generally $3,000. This is claimed on IRS form 5695 (PDF link).
  • Up to $4,500 state rebate for installing a solar hot water system. Rebate varies based on number of collectors and origin of manufacture. Average rebate is ~$1,700 before 'adders.'

Learn More About Solar Rebates

There is a wealth of information about loans and grants available at DSIRE (Database of State Incentives for Renewables & Efficiency) - see their page for Maine solar incentives and for New Hampshire solar incentives.

Also see commercial rebates and incentives for apartment buildings, restaurants, hotels, senior living facilities, and other organizations.

Contact us with any questions about solar loans, grants, and rebates as they apply to your specific situation.

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Woolwich, Maine - Tipton House Solar

When I triggered my saw I noticed that the electric meter was running backward from the solar electric panels!

That moment was worth every penny spent on this house. Thank you all.

Ben Tipton
Woolwich, Maine

More Customer Testimonials

More updates from our solar blog with news from Maine, New Hampshire, Massachusetts, and Vermont.