Have you considered a solar energy project for your commercial property or land in Maine? Then you have come to the right place! Here you will find everything you need to know about Maine solar incentives, whether you are looking for a no money down solution or want to make a long term and high yield investment in your own solar energy system.
Maine solar energy is an ecofriendly and cost-effective way for businesses and landowners to lower their energy bills by locking in a reliable cost of energy. There are many commercial solar financing options in Maine. Two common no money down solutions are Power Purchase Agreements (PPAs) and lease agreements. In a PPA, Verogy is responsible for building, owning, and maintaining the solar array, while you as the property owner purchase your energy at a locked in rate. The benefits of a PPA are that you are protected from rising utility rates while powering your business with clean energy.
In a solar lease option, the property owner receives annual lease payments for hosting the solar array. Verogy builds, owns, and maintains the system in this instance as well, so your only commitment is to receive the lease payments. This option is very common for large scale ground mount arrays. It is a great way to create revenue from otherwise unused land in Maine, because it is not a permanent form of development. After the useful life of the array, the land will be returned to its original state. The potential uses for open land are endless, but there is one that shines above the rest in preserving the natural resources of the land; solar farms are unique in their ability to wed the dual preservation and monetization of underused land.