Solar Savings Calculator for Baltimore, MD

Homeowners in Baltimore pay an average of $168/month for electricity through Baltimore Gas & Electric (BGE). With 4.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$168
Avg Monthly Bill
17.5¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$55,845
Est. 25-Year Savings

Calculate Your Savings in Baltimore

Adjust Your Details for Baltimore, MD

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,520
Federal Tax Credit (30%)
-$6,156
Net Cost
$14,364
Annual Savings
$2,016
Payback Period
7.1 years
25-Year Savings
$55,845
Return on Investment
389%

* Estimates based on 4.5 peak sun hours/day in Baltimore, MD, 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.

Local Solar Details for Baltimore

Utility & Permits

Utility Company
Baltimore Gas & Electric (BGE)
Permit Cost
$400
Permit Timeline
3-5 weeks
Net Metering
full

System Estimates

Recommended Size
7.2 kW
Panel Count
18 panels
Gross Cost
$20,520
Net Cost (after credits)
$14,364

Available Incentives for Baltimore, MD

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.

30% of system cost

Maryland SREC Program

Solar Renewable Energy Credits tradeable on the open market.

$40-80 per SREC

Maryland Residential Clean Energy Grant

One-time grant for residential solar installations.

$1,000 grant

Other Cities in Maryland

ColumbiaGermantownSilver SpringWaldorfFrederickRockville

More Solar Tools for Baltimore

Baltimore Solar IncentivesAll available tax credits and rebatesBaltimore Cost ComparisonSolar vs. grid costs over 25 yearsBaltimore System SizingHow many panels your home needsBaltimore Permits & RegulationsLocal permit requirementsIs Solar Worth It in Baltimore?Data-driven analysis for your cityBaltimore Financing OptionsCompare loans, leases, and PPAs

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