Solar Incentives & Rebates in Maryland

Maryland homeowners can take advantage of federal and state incentives to significantly reduce the cost of going solar. Below is a complete breakdown of every incentive, rebate, and policy available in Maryland.

Net Metering

Full retail-rate net metering

SREC Program

SRECs available — earn credits for solar generation

State Tax Credit

No state tax credit — federal 30% ITC still applies

All Solar Incentives in Maryland

Federal Solar Investment Tax Credit (ITC)

Tax Credit

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

Value: 30% of system cost
Eligibility: All US homeowners with sufficient tax liability. System must be new and installed on primary or secondary residence.
Expires: 30% through 2032, 26% in 2033, 22% in 2034

Maryland SREC Program

SREC

Solar Renewable Energy Credits tradeable on the open market.

Value: $40-80 per SREC
Eligibility: Registered solar facilities in Maryland
Expires: Through RPS requirement period

Maryland Residential Clean Energy Grant

Rebate

One-time grant for residential solar installations.

Value: $1,000 grant
Eligibility: Maryland homeowners
Expires: While funds available

Related Solar Resources for Maryland

Solar Savings in MarylandSee how much you can save with solar in MarylandSolar Financing in MarylandCompare financing options for solar in MarylandIs Solar Worth It in Maryland?Full cost-benefit analysis for solar in Maryland
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