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19 Oct
Study Shows Solar Saves Money for All Ratepayers in Maine by Reducing Peak Demand
Wednesday, October 19, 2016
Resource Type : Blog Post
Topic : Net Energy Metering    
State : Maine    
Author : Natural Resources Council of Maine
Adoption Year : 2016
An updated analysis of the “value of solar” power in Maine shows that solar installations within the state cut electricity prices for everyone in Maine who pays an electric bill, by reducing peak demand on the grid and power plants. Consumer demand for electricity peaks on hot, sunny summer afternoons, when use of air conditioning goes way up. This is when solar panels are producing power directly for homes and businesses, thereby reducing the demand for electricity from the grid.