Solar Installers in Maryland
Compare top-rated solar companies in Maryland. Average cost: $2.85/W · 4.5 peak sun hours · 19.48¢/kWh electricity rate.
Get Free Maryland Solar Quote →Solar Energy in Maryland: Complete Guide
Maryland is one of the best states in the nation for residential solar energy. With an average electricity rate of 19.48 cents per kilowatt-hour and 4.5 peak sun hours per day, homeowners across Maryland can generate significant energy savings by going solar. The average 8kW solar system in Maryland costs $22,800 before incentives and $15,960 after the 30% federal tax credit.
An 8kW system in Maryland produces approximately 13,140 kWh per year — enough to offset most or all of a typical household's electricity consumption. At current electricity rates, that translates to annual savings of approximately $2,560, with a payback period of around 7 years.
Maryland's net metering policy is classified as full retail rate, which means homeowners receive full retail rate credit for excess energy sent to the grid — maximizing the financial return on solar investment. The state has a Renewable Portfolio Standard requiring 50% renewable energy, which supports continued solar growth.
Maryland Solar Cost Breakdown
| System Size | Before Incentives | After 30% ITC |
|---|---|---|
| 5 kW | $14,250 | $9,975 |
| 8 kW | $22,800 | $15,960 |
| 12 kW | $34,200 | $23,940 |
Maryland Solar Incentives
Maryland solar owners earn one SREC for every 1,000 kWh their system produces. These can be sold on the SREC market to utilities that need to meet renewable portfolio standard requirements.
Available to all Maryland homeowners through 2032. For a $22,800 system, this means a $6,840 tax credit.
Maryland exempts solar installations from property tax assessments, meaning your home value increases without raising your property taxes. Solar equipment purchases in Maryland are exempt from state sales tax, providing additional upfront savings. Over a 25-year period, the typical Maryland homeowner saves $48,032 with solar — making it one of the best long-term investments available for your home.
Utilities in Maryland
Solar by County in Maryland
Top Cities for Solar in Maryland
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Maryland Solar FAQ
How much do solar panels cost in Maryland?▼
The average cost of solar panels in Maryland is $2.85 per watt before incentives. For a typical 8kW system, that's $22,800 before the 30% federal tax credit, or $15,960 after. Actual costs vary based on your roof, equipment choice, and installer.
How much can I save with solar in Maryland?▼
Maryland homeowners with an 8kW solar system can save an estimated $48,032 over 25 years. With an average electricity rate of 19.48¢/kWh and 4.5 peak sun hours per day, solar is a strong investment in Maryland. The average payback period is 7 years.
Does Maryland have net metering?▼
Maryland offers full retail rate net metering. This means you receive full retail rate credit for excess solar energy sent back to the grid, maximizing your savings.
What solar incentives are available in Maryland?▼
Maryland homeowners can take advantage of the 30% federal solar Investment Tax Credit (ITC) through 2032. The state also has: SREC program. Solar installations are exempt from property tax increases. Solar equipment purchases are exempt from sales tax.
How many peak sun hours does Maryland get?▼
Maryland averages 4.5 peak sun hours per day annually. This means an 8kW solar system in Maryland would produce approximately 13,140 kWh per year. Peak sun hours vary by season and specific location within the state.
Is solar worth it in Maryland?▼
Yes, solar is worth it for most homeowners in Maryland. With a 7-year average payback period and 25+ year panel lifespan, you'll enjoy 18+ years of essentially free electricity after your system pays for itself. The combination of 19.48¢/kWh electricity rates, 4.5 peak sun hours, and available incentives makes Maryland a great state for solar.
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Quick Maryland Solar Facts
- ☀️ Peak Sun Hours: 4.5h/day
- 💡 Electricity Rate: 19.48¢/kWh
- 💰 Cost per Watt: $2.85
- 📊 Net Metering: Full Retail Rate
- 🔋 Payback Period: 7 years
- 🌱 RPS Goal: 50%
- 🏠 Property Tax: Exempt
- 🛒 Sales Tax: Exempt