A Homeowner’s Guide to Maryland Solar Panel Installation

Our Maryland Solar Panel Installation Guide is here to help explain the ins and outs of adding solar panels to your home. Learn how to choose the right MD solar installer, and get educated on how the solar installation process works, how much it might cost, what local and federal incentives are available, and what purchase options there are.

The State of Solar in MD

Nestled in the heart of the Mid-Atlantic, Maryland is more than just its beautiful coastlines and historical landmarks. It’s a state that’s making significant strides in the realm of renewable energy, particularly solar power. Maryland’s commitment to a sustainable future is reflected in its ambitious Renewable Portfolio Standard (RPS), comprehensive net metering policies, and attractive tax incentives for solar energy. These initiatives position Maryland as a leader in the solar sector, appealing to residents who are keen on adopting eco-friendly energy solutions.

1. Search for a Trusted, Local MD Solar Panel Company

The best solar installers are the ones that remain transparent throughout the entire process. Solar Energy World stands as the premier Home Solar and Battery company in the region. We are the top provider and installer of solar panel systems in Maryland, and have been installing solar panels for over 15 years. We will guide you every step of the way with award winning service, top-of-line products, and certified technicians.

3. How Much Do Maryland Solar Panels Cost?

There are a variety of factors that will impact the total cost of your Maryland solar panel installation, but on average, MD homeowners spend between $12,000 and $17,000. To offset that cost, there are many credits, grants, and incentives to explore that can reduce the price substantially. Plus, a solar panel system typically pays for itself within 7 to 10 years.

Recognizing the varying financial capabilities of its residents, Maryland provides a range of financing methods for solar panel installations. While outright cash purchases are a popular option, leading to considerable long-term savings, the state also caters to those who find the upfront costs challenging. Maryland facilitates alternative financing solutions, including solar loans and solar lease/Power Purchase Agreements (PPAs). These options make solar technology more accessible and encourage a wider adoption of renewable energy, catering to different financial situations and preferences in the state.

4. Apply for MD Solar Panel Tax Credits, Rebates, and Incentives

There are a ton of different grants, tax credits, and programs available for Maryland residents. Here are just a few of the Maryland solar incentives available:

• Federal Investment Tax Credit (ITC)
• Maryland Residential Clean Energy Grant Program
• Maryland Commercial Clean Energy Grant Program
• Maryland Property Tax Exemption for Solar and Wind Energy Systems
• Maryland Sales and Use Tax Exemption for Residential Solar and Wind Electricity Sales
• Solar Renewable Energy Certificates & Net Metering
• Property-Assessed Clean Energy (PACE) Financing