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Net Metering Program
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Versant Power net metering in Maine

Eastern and northern Maine, including Bangor, Presque Isle and the Down East coast. Higher delivery rates than CMP, so a credited kilowatt hour is worth more: about 30.4 cents in the Bangor Hydro District and 29.7 cents in the Maine Public District on the 2026 standard offer.

Type
Investor owned
Accounts
160K

What they credit you

One for one, at your own delivery plus supply price

Published terms

Under the Net Energy Billing kWh credit program, exported kilowatt hours are credited one for one against the kilowatt hours you buy, so each is worth your delivery plus supply price. Credits roll month to month.

Month to month
Month to month; unused credits expire after twelve months.

Published terms · checked 2026-10-02 · source

Installers serving Versant customers

Pick one. Only the company you choose receives your details, and only that company calls you.

Not sure which to choose?

These are real companies operating in Versant territory. Bold Energy is listed first because it is the company we introduce first. That order is our choice, not a score. The other companies are ordered by reviews, years trading and BBB grade. None of them pays us for placement. Pick the one you want and we will call you to arrange it.

Ordering combines three things we read from primary sources: Google review count and rating, years trading taken from the company’s Better Business Bureau profile rather than its own marketing, and its BBB letter grade. BBB accreditation is shown but never scored, because it is a paid membership rather than a mark of quality.

Check any contractor license yourself at the state register. Do that before you sign anything, with any company, including ours.

What this looks like on a Versant bill

An average Maine household, against a system sized to cover its year. The energy charge is the part that goes to zero. The fixed monthly charge underneath it is the part that never does, and it is the number that decides whether a system pays for itself.

Meter readingkWh
Energy charge$162.75
$162.75
We have read this provider’s own tariff. What it still bills you at zero is set out below, with the sheet it came from. The energy line above uses the statewide average. See what they still bill
DirectionReading…

Meter reading falling from 41926 to 41773 kilowatt hours. A 550 kilowatt hour month against 703 kilowatt hours produced leaves 0 kilowatt hours billed and 153 banked for next month, so the energy charge falls from $162.75 to $0.00 at 29.59 cents per kilowatt hour.

Maine average household use, 550 kWh a month, at the current published residential price of 29.59¢ per kWh. Your utility still bills a fixed monthly customer charge that no system offsets, so this is the energy part of the bill, which is the part that goes away.

What your installer should be telling you

The credit offsets kilowatt hours, not the fixed delivery charge, and its value moves with each year’s standard offer price and each July’s delivery rates. If you buy supply from a competitive provider, your supply price sets that half of the value.

What Versant bills you anyway

In a month when your production covers everything you use, the energy charge can reach zero. This does not. It is the floor under every bill, and it is the number that decides whether a system pays for itself.

The charge
$11.54 a month in the Bangor Hydro district, $11.32 in Maine Public, each including 100 kWh
How it is set
Versant still bills its two former companies as separate districts, so the figure depends on which side of the old line you are on. In the Bangor Hydro District the residential delivery charge is “Fixed (includes 100 kWh): $11.54/month”; in the Maine Public District it is $11.32, also including 100 kWh. Both as of 1 July 2026. Like CMP, Versant delivers and the electricity is bought separately from the standard offer or a supplier. Versant bundles twice CMP’s allowance into its fixed charge, so the first 100 kilowatt hours of delivery are already paid before the meter turns — worth knowing before sizing an array to cover every last unit, because those 100 earn nothing back. Above the allowance delivery is dear in Bangor Hydro, 17.400 cents a kilowatt hour, and 14.785 cents in Maine Public. Those are the units a solar system displaces, and at those prices a credited kilowatt hour is worth more here than at CMP.

Maine Public Utilities Commission, residential delivery rates, Versant Power Bangor Hydro District and Maine Public District, as of 1 July 2026 · checked 2026-10-01 · source

Applying to Versant

What Versant itself requires, as distinct from what the state rule requires. Read from its own published guidelines on the date shown.

One for one, at the retail rate
Net Energy Billing gives residential solar owners a full one for one credit for every exported kilowatt hour. There is no discount, no adjustment and no separate export rate.
And Maine retail rates are unusually high
Maine’s average residential price was 29.59 cents in June 2026 on EIA’s figures, the fourth highest of any state. A credited kilowatt hour is worth your own delivery plus supply price: about 24.7 cents at CMP, 30.4 cents in Versant’s Bangor Hydro District and 29.7 cents in its Maine Public District on the 2026 standard offer.
Credits expire after twelve months
A summer surplus carries through the winter, which in Maine is the whole point. Unused credits expire after twelve months, so a system sized well past annual usage is the one design that does not pay.
The first block of usage is already paid for
CMP’s fixed delivery charge includes the first 50 kWh each month and Versant’s the first 100, so those kilowatt hours earn nothing back from solar. Credits offset the usage above them.
The 2025 law did not touch residential rooftop
LD 1777, signed on 27 June 2025, changed net energy billing for non-residential and community solar participants. The residential rooftop program was not affected. A great deal of coverage blurred that line.

From Versant’s published guidelines · checked 2026-10-02 · source

Versant net metering questions

Does Versant offer one for one net metering?
Yes. Under the Net Energy Billing kWh credit program, exported kilowatt hours are credited one for one against the kilowatt hours you buy, so each is worth your delivery plus supply price. Credits roll month to month. Month to month; unused credits expire after twelve months.
What does Versant pay for power sent back to the grid?
One for one, at your own delivery plus supply price.
Do I need a battery with Versant?
Not for the economics. Versant credits exports at the retail rate, so power you send out during the day comes back at the same value after dark without storage. A battery is still worth considering for outages during hurricane season, but it is an upgrade here rather than a requirement.
How do I find my Versant bill?
Sign in at versantpower.com. Open My Account, then Billing. Open the latest bill and save the PDF. Or screenshot the summary page. If you cannot get to it, a rough guess at your average monthly amount is enough to start.
What is the catch with Versant?
The credit offsets kilowatt hours, not the fixed delivery charge, and its value moves with each year’s standard offer price and each July’s delivery rates. If you buy supply from a competitive provider, your supply price sets that half of the value.