Solar Companies in Maryland

Maryland is one of the most solar-friendly states on the East Coast, combining generous incentive programs with above-average electricity rates. The Old Line State receives about 4.2 peak sun hours daily and has aggressive renewable energy goals with a 50% Renewable Portfolio Standard by 2030.

Maryland offers a state income tax credit of $1,000 for residential solar, full retail net metering, and a Solar Renewable Energy Credit (SREC) market where homeowners can earn $50-$80 per megawatt-hour generated. Baltimore Gas & Electric (BGE), Pepco, and Delmarva Power all participate in net metering. The state also exempts solar from sales tax and property tax.

Baltimore, Silver Spring, and Annapolis are the leading markets for residential solar. With stacked incentives - federal tax credit, state tax credit, SRECs, and net metering - Maryland homeowners often achieve payback periods of just 5-8 years.