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Solar Electric

Federal Tax Credit

050[2]Please note: Efficiency Maine is not currently offering rebates for solar projects. Click here for a registry of independent solar installers.

Solar electric or photovoltaic (PV) systems convert sunlight into electricity. The amount of power generated by a PV system depends on the size of the system and how much sunlight reaches it. A typical PV system is an array of solar panels connected to the utility grid and/or batteries. The performance of PV systems is measured in terms of their efficiency at converting sunlight into electricity.

Advantages

  1. Environmental Impact – PV systems can reduce the carbon footprint of your home or business by producing electricity with a renewable resource.
  2. Low-cost electricity – Once installed, PV systems generate electricity at little to no cost.
  3. Predictable energy costs – Since most of the costs of a PV system are related to the installation, solar electricity is not subject to the same fluctuations as traditionally sourced electricity.

Disadvantages

  1. Solar exposure required – Not all locations are good candidates for PV systems. Ideally, installations should be southern-facing with unobstructed sunlight.

Homeowners interested in finding out more about solar electric systems can click here to go to the Department of Energy’s guide to solar photovoltaic systems.

 

Renewable Energy

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