Solar Panels in Maryland
High Electricity Rates + Strong State Incentives
$1,500/yr
Avg. Annual Savings
4.7 peak hrs/day
Peak Sun Hours
6–9 years
Payback Period
$14,000–$22,000
Avg. System Cost
Overview
Is Solar Worth It in Maryland?
Maryland homeowners are in an excellent position to go solar. The state has some of the highest electricity rates on the East Coast, averaging $0.14–$0.18/kWh, which means every kilowatt-hour your panels produce translates to real savings. Maryland also offers a robust set of state incentives that stack on top of the federal 30% tax credit.
The Maryland Clean Energy Incentive Act and the state's Residential Clean Energy Grant Program make Maryland one of the most financially attractive states in the Mid-Atlantic for residential solar. With strong net metering laws and a property tax exemption, the case for going solar in Maryland has never been stronger.
Benefits
Why Go Solar in Maryland
Reduce Your Electric Bill
Maryland homeowners save an average of $1,500/yr after going solar.
Federal 30% Tax Credit
Deduct 30% of your total system cost from your federal income taxes.
Increase Home Value
Solar panels increase your home's resale value — and are excluded from property tax in most states.
Energy Independence
Lock in your electricity rate and protect against rising utility costs for 25+ years.
Available Incentives
Maryland Solar Incentives & Tax Credits
Maryland Clean Energy Grant
RebateThe Maryland Energy Administration offers grants for residential solar installations through the Residential Clean Energy Grant Program, providing direct upfront cash incentives.
Maryland SREC Program
State ProgramMaryland's Solar Renewable Energy Certificate (SREC) program lets you earn certificates for every megawatt-hour your system produces and sell them to utilities that need to meet the state's Renewable Portfolio Standard.
Net Metering
Net MeteringMaryland law requires all investor-owned utilities to offer net metering at the full retail rate. BGE, Pepco, Delmarva Power, and Potomac Edison all participate.
Property Tax Exemption
Tax ExemptionMaryland exempts the added value of solar energy systems from residential property tax assessments, so your property taxes won't increase when you go solar.
Sales Tax Exemption
Tax ExemptionMaryland exempts solar energy equipment from the state's 6% sales tax, reducing your upfront system cost.
Federal Investment Tax Credit (ITC)
Tax CreditThe federal 30% ITC applies to all Maryland homeowners who purchase their solar system.
Common Questions
Maryland Solar FAQ
Local Solar Companies
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