Maine Solar Incentives — Complete Guide

Maine Solar Incentives — Complete Guide

Solar Property Tax Exemption

Maine exempts renewable energy equipment — including solar arrays, inverters, and paired battery storage — from property tax assessment.

Legal Basis

The exemption was established by LD 1711 (2019) and applies to all residential solar installations connected to the grid or used for on-site consumption.

Coverage

The exemption applies to the full value of the qualifying solar and storage equipment, and there is no time limit on how long it lasts.

No action required — the exemption is automatic.


Sales Tax Exemption

Maine does not charge sales tax on solar energy equipment purchases.

The 5.5% state sales tax is automatically waived for:

  • Solar panel systems
  • Inverters
  • Racking
  • Related components

No action is required — the exemption is automatic.


Class 1 NEPOOL-GIS Renewable Energy Credits (RECs)

Maine systems can earn Class 1 RECs through NEPOOL-GIS.

How It Works

  • Venture Home handles registration on your behalf
  • RECs are generated based on actual electricity production
  • 1 REC per 1 MWh produced

Quick Summary

Incentive Value How to Claim
Property Tax Exemption Full exemption, no time limit Automatic
Sales Tax Exemption 5.5% Automatic
Class 1 RECs Market-based VH handles registration

Questions? Contact Customer Success at 800-203-4158.

Venture Home Team

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