Solar systems in Maryland
Own a power plant and produce free electricity for decades.
With solar panels for your home, you can protect your household from unpredictable energy prices and reduce your carbon footprint.
Owning a rooftop or ground mount solar system in Maryland will boost your home’s value and give you full ownership over your electricity production, saving you thousands with solar over 25 to 35 years!
Did you know – in some states, you can get paid for your solar energy through SRECs!
Rooftop Solar in Maryland
Solar panels are about 50% cheaper and 40% more efficient than in 2010, while electricity prices and the cost to deliver electricity has surged, which is why so many more of your neighbors are going solar! With all the following incentives, here is why going solar has never been easier for Maryland homeowners in 2025:
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Net Metering
Net metering is a billing system designed to benefit solar energy owners by providing credits for any surplus solar energy they send back to the grid.
Imagine enjoying the energy you generate on sunny summer days while using those credits to power your home during the winter months or any time your system produces less energy than you need.
With net metering, every kilowatt-hour of excess energy you contribute to the grid earns you valuable credits. These credits not only offset your electric costs, but also cover both delivery and supply charges for each kilowatt-hour.
To dive deeper into the benefits of net metering, check out our insightful blog article at https://finray.solar/articles/what-is-net-metering-and-is-it-worth-it-for-solar-owners/ .
30% Federal Tax Credit
Solar Renewable Energy Certificates (SRECs)
A SREC is a financial incentive that helps homeowners earn money from the sale of extra energy produced by their rooftop panels. They can earn 1 SREC for every 1 MWh or 1000 kWH of electricity their solar system generates.
For example, if a homeowner in Maryland has a system that generates 6 MWh (6,000 kWh) in a year and SRECs sell for around $52, they could earn 6x $52= $300+ per year!
Learn more about SRECs: https://finray.solar/articles/srecs-what-are-they-and-why-should-you-care/
Maryland Solar Access Program
Solar grants up to $7,500 for income-eligible homes on a first-come first-serve basis for solar purchases and leases.
MD Solar Sales Tax Exemption
You don’t need to pay any sales tax on new solar panel systems in Maryland, saving at least 6% of your system costs!
Equipment Warranties
Warranties for panels typically cover 25 years and come with power performance warrantees! Inverters come with 15-25 year warranties, and our installers guarantee their work and provide roof penetration warranties of 5-10 years.
If you choose a lease agreement versus a purchase agreement, everything is guaranteed for the lifetime of the 25 year lease, including maintenance, insurance and performance (at the cost of lower lifetime savings).
Other Local Incentives
In certain counties, homeowners and businesses are exempt from paying property taxes on the value added by solar panels.
Maryland’s typical property tax is .95%, if a solar system increases the value of your home by $20,000, that can add a few thousand dollars in additional savings over the ife of the incentive!
What does this mean for you?
A home renovation that puts money back in your pocket over time, increases the value of your home with the help of the federal and state incentives, and provides clean energy for us while reducing your carbon footprint by 2.5+ tons of carbon dioxide annually!
See if your home or business is a good fit for solar, submit your information for a free, no obligation consultation today!
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