Versant Power
Eastern and northern Maine, including Bangor, Presque Isle and the Down East coast. Higher retail rates than CMP, and correspondingly higher reported credit values around 32 cents per kWh.
- Type
- Investor owned
- Accounts
- 160K
What they credit you
One for one at the retail rate
Published termsResidential Net Energy Billing credits exports one for one at the full retail rate, with credits rolling month to month for up to twelve months, no participation cap and no application fee.
- Month to month
- Month to month for up to twelve months.
Published terms · checked 2026-09-05 · source
What your installer should be telling you
Confirm the current credit value in cents per kWh with your utility, and confirm nothing in the most recent legislation has been read across to residential rooftop.
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
- Reported credit values are around 27 cents per kWh for Central Maine Power customers and around 32 cents for Versant Power. That is close to double what most of the country earns for an exported kilowatt hour.
- Credits roll for twelve months
- A summer surplus carries through the winter, which in Maine is the whole point. Twelve months is the window, so a system sized well past annual usage is the one design that does not pay.
- No cap and no application fee on the residential programme
- There is no cap on residential participation and no fee to apply, which removes two of the usual reasons to hurry.
- The 2026 legislation did not touch residential rooftop
- LD 1777 changed net energy billing for non-residential and community solar participants. The residential rooftop programme was not affected. A great deal of coverage blurred that line.
From Versant’s published guidelines · checked 2026-09-05 · source
Versant net metering questions
- Does Versant offer one for one net metering?
- Yes. Residential Net Energy Billing credits exports one for one at the full retail rate, with credits rolling month to month for up to twelve months, no participation cap and no application fee. Month to month for up to twelve months.
- What does Versant pay for power sent back to the grid?
- One for one at the retail rate.
- 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?
- Confirm the current credit value in cents per kWh with your utility, and confirm nothing in the most recent legislation has been read across to residential rooftop.
Installers serving Versant customers
Pick one. Only the company you choose receives your details, and only that company calls you.
These are real companies operating in Versant territory, 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.