Established in 2019, Maine's Net Energy Billing program spurred the development of hundreds of shared solar projects throughout Maine. Thousands of households, non-profits, and businesses participate in the program, allowing access to affordable solar energy with no upfront costs or on-site installation.

Versant’s Bangor Hydro District has ample project capacity available, allowing new subscribers to start saving immediately on bills. However, businesses should seek opportunities in the near term if interested as Maine's program limits new projects from coming online.

Ideal Customer Profile:

Businesses of all sizes — from single-location retailers and restaurants to Fortune 500 companies.

Typical Savings Rates:

Customers typically save around 15% annually on electricity.