Is Solar Worth It in Baltimore, MD?
A data-driven analysis based on Baltimore's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Baltimore
With a 7.1-year payback and 389% ROI, solar is an excellent investment in Baltimore.
7.1 years
Payback Period
$55,845
25-Year Savings
389%
Return on Investment
$14,364
Net System Cost
$168
Monthly Savings
$2,016
Annual Savings
7.2 kW
System Size
$821
Home Value Boost
Why Solar Works in Baltimore
- +Full net metering — get retail credit for excess energy
- +SRECs available — earn additional income from solar production
- +3 incentive programs available in Maryland
- +Estimated $821 increase in home value
- +30% federal tax credit reduces upfront cost significantly
- +Protection against future electricity rate increases (avg 3%/year)
Considerations
No significant drawbacks for solar in Baltimore.
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