21/10/2026
Do these projects run on sunlight—or subsidies?
Ownership stakes in 19 Maine solar projects are headed to a foreclosure auction. And while some developers face financial trouble, Mainers are still being forced to help fund this industry through electric bills they can barely afford, to the tune of hundreds of millions of dollars a year going forward.
How did we get here? Maine expanded Net Energy Billing to encourage solar development, with a goal of 750 megawatts. By June 2025, the Public Advocate said we had built more than 1,600 megawatts—over twice the goal.
But exceeding the goal didn’t end the subsidies. Mainers kept paying.
Then came LD 1777, which made modest reforms that the Public Advocate said would reduce payments to large community solar projects by approximately 20%.
Democrats celebrating that relief reminds me of someone beating you seven days a week, cutting it back to six, and expecting a thank-you. Extremely benevolent, right?
Don’t let them convince you they solved the problem. This is a Band-Aid on a bullet wound—and an election-year talking point doesn’t change that. Trimming a program whose annual costs run into the hundreds of millions of dollars does not make the remaining burden affordable.
Now, ownership stakes in these projects are headed to auction. The foreclosure notice doesn’t establish that LD 1777 caused this default. But the situation exposes a fundamental weakness in this model: developers build their financial plans around subsidies that Mainers have no choice but to help pay.
And frankly, I’m not convinced Democrats would have touched those subsidies if skyrocketing electric bills hadn’t become a political liability. When families demanded relief, they trimmed the burden and expected applause for leaving most of it intact.
Why should Mainers be forced to subsidize an industry whose financial survival depends on keeping their electric bills higher?
We’re told solar is the cheapest energy. We’ve already exceeded the buildout goal. Yet somehow, asking struggling families to pay less is treated as a threat to the industry.
If putting ratepayers first puts your business model in jeopardy, ratepayers aren’t the problem. Your business model is.
This proves what we knew to be true all along: this was never about a business plan or what is best for the ratepayer, this was always about enriching special interests and advancing a radical political agenda.
Link to the article is in the comments.