Solar payback in Maryland

Is solar worth it in Maryland?

Short answer for a typical Maryland home: a reasonable payback if you'll stay put — roughly 9.5 years to break even after the 30% credit. Run your own bill through the calculator below.

Sun 4.2 hrs/day Electricity $0.18/kWh Typical payback ~9.5 yrs Federal credit 30%
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EIA electricity rates NREL sun-hour data IRS 30% federal credit Nothing sent anywhere

Maryland gets moderate sunshine — about 4.2 peak sun hours a day — and residential electricity runs around $0.18/kWh. For a typical $150-a-month power bill, that points to roughly a 8.2-kW system costing about $17,123 after the 30% federal tax credit, paying for itself in about 9.5 years and netting on the order of $44,241 over 25 years. Your own numbers will differ — the calculator above uses your real bill.

Maryland offers a state grant plus an active SREC market on top of the federal credit, and rates are above average — a combination that makes payback attractive despite middling sun.

What changes the math in Maryland

For Maryland solar companies

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Cut the bill before you size a system. WattDollar shows what every appliance costs to run — fewer kWh used means a smaller, cheaper system. Open WattDollar →