Is solar worth it in Maryland?
At Maryland’s average rate of 17.5¢/kWh and about 1300 kWh per kW of panels a year, a typical home pays back its system in roughly 8.6 yrs after the 30% federal credit — then keeps saving. Run your own numbers below.
Independent estimate for guidance only — not a quote or advice. Retail net metering, a state grant, and SRECs stack on top of the federal credit.
What drives solar payback in Maryland
Maryland homeowners pay about 17.5¢/kWh, which is 0.7¢ above the national average. A rooftop here generates roughly 1300 kWh per kW each year — below the typical US figure. On exports, Maryland offers full retail net metering: Retail net metering, a state grant, and SRECs stack on top of the federal credit.
A worked example
For a Maryland home with a $160/month power bill:
Assumes 3.00 $/W installed before incentives. Your actual cost, roof and usage will differ — adjust the calculator above.
Maryland solar incentives
Every estimate here already includes the 30% federal Residential Clean Energy Credit. On top of that, Maryland homeowners may qualify for state, utility or SREC incentives that change often and vary by provider. For the current, authoritative list, check DSIRE’s Maryland programs, then type any rebate into the calculator to see how it shortens your payback.