Solar Savings Calculator for Maryland
Maryland homeowners pay an average of $165/month for electricity at 17¢/kWh. With 4.5 peak sun hours per day, solar can dramatically cut your energy costs.
Calculate Your Savings in Maryland
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Your Estimated Solar Savings
* Estimates based on 4.5 peak sun hours/day in Maryland, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Solar Incentives in Maryland
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Maryland SREC Program
Solar Renewable Energy Credits tradeable on the open market.
Maryland Residential Clean Energy Grant
One-time grant for residential solar installations.
Cities in Maryland
Select your city for a more precise estimate with local electricity rates and utility information.
Baltimore
17.5¢/kWh · 4.5h sun/day
Avg bill: $168/mo · Baltimore Gas & Electric (BGE)
Columbia
17¢/kWh · 4.5h sun/day
Avg bill: $170/mo · Baltimore Gas & Electric (BGE)
Germantown
16.8¢/kWh · 4.4h sun/day
Avg bill: $165/mo · Pepco
Silver Spring
17¢/kWh · 4.4h sun/day
Avg bill: $162/mo · Pepco
Waldorf
16.8¢/kWh · 4.5h sun/day
Avg bill: $170/mo · Southern Maryland Electric Cooperative (SMECO)
Frederick
17¢/kWh · 4.4h sun/day
Avg bill: $165/mo · Potomac Edison
Rockville
17¢/kWh · 4.4h sun/day
Avg bill: $165/mo · Pepco
More Solar Resources for Maryland
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