Versant Power and solar
Versant Power is an investor-owned utility serving about 137,839 homes in Maine. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 32.1¢9% above Maine average
- Typical bill
- $158493 kWh a month
- Exports credited
- RetailFull retail net metering
- Typical payback
- 8.7 yrs4.8 kW, cash
Export rules for Versant Power customers
Full retail net metering, monthly netting.
Same NEB kWh credit rules.
Solar for a typical Versant Power home
| System | 4.8 kW (101% of 493 kWh/month) |
|---|---|
| Cost | $17,180 |
| First-year savings | $1,813 |
| Payback | 8.7 years |
| 25-year net | $52,117 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 2,487
- Share of customers
- 1.8%
- Residential solar capacity
- 18 MW
- Residential customers
- 137,839
EIA-861, 2025.
Cities served
Questions about Versant Power and solar
Does Versant Power have net metering?
Same NEB kWh credit rules.
How much does electricity cost with Versant Power?
Residential customers paid an average of 30.3¢ per kWh in 2025 (EIA), about 32.1¢ adjusted to 2026. The typical home uses 493 kWh a month, a bill of about $158.
Is solar worth it with Versant Power?
For a typical customer, solar is worth it: a 4.8 kW system costing about $17,180 pays back in about 8.7 years, with $52,117 net over 25 years.
How many Versant Power customers have solar?
About 2,487 homes had net-metered solar at the end of 2025, roughly 1.8% of residential customers (EIA-861).
Legal name: Versant Power (EIA ID 1179). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.