Tag Archives: maryland

How much do solar panels cost in Baltimore, Maryland?

solar panels baltimore

Over the past decade the US has witnessed a remarkable growth in solar. Maryland has played a big part in that by aggressively pursued alternative energy projects with the goal of generating 1,250 megawatts of electricity through renewable fuels including solar power. The state’s generous solar rebates make it a great state for installing solar, and cities like Baltimore are ripe for solar development. In this article we’ll explain why Baltimore, Maryland is a great spot for solar power and how Baltimore homeowners can maximize their solar savings.

How much do solar panels cost in Baltimore?

As of mid-2017, the average price for solar panels in Baltimore was $3.49 per watt. Thus, since the typical system size in the U.S. is 5 kilowatts (5,000 watts), the average cost of a solar panel system in Baltimore is $17,450 before any rebates or incentives.

Though this price may already look attractive, it’s missing a major incentive that bolsters the economics of solar in the U.S.: the federal tax credit for solar energy systems. The solar ITC signifies a huge price reduction thanks to a hefty 30 percent rebate offered to both residential and commercial markets. Check out this data table that shows the cost of solar at different system sizes with the ITC factored in:

Baltimore solar pricing table: average system cost and net savings

System size Baltimore Average solar system cost
(after ITC)
3 kW  $7,665
5 kW  $11,935
7 kW  $18,081
10 kW  $23,590
12 kW  $25,368

The above table shows the discounted price for a solar panel system in Baltimore after the solar ITC is included. The data draws from real quotes submitted to homeowners on the EnergySage Solar Marketplace over the past year. Keeping in mind the typical system size for a U.S. homeowner is 5 kilowatts (5,000 watts), a solar panel system will cost just under $12,000 in 2017.

Maryland’s net metering and other incentives

Maryland’s net metering policy allows homeowners to receive full credit on their utility electric bills for the excess electricity their solar panels generate. During times a system makes more power than used, the credits are “banked” with the utility and can be drawn from later when a homeowner needs more electricity than their panels are generating.





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The state also offers a solar rebate program in the form of the Residential Clean Energy Grant. If a homeowners installs a solar energy system, Maryland pays the homeowner $1,000. It is simple as that as long as the solar system is smaller than 20 kilowatts, is located at the primary residence, and the installer has the standard NABCEP certification.

Maryland has set a renewable portfolio standard goal to produce 20% of its electricity from renewable resources by 2022, and homeowners can get paid to help. Under this program, homeowners are granted one Maryland Solar Renewable Energy Certificate (SREC) for each megawatt-hour (MWh) of clean electricity the panels produce, which they then sell in the SREC market. In 2015 each SREC sold for about $150, meaning that a 5kW system that produces 5 MWh per year could earn $750 annually.
Other incentives include the Property Tax Exemption for Solar and Wind Energy Systems, which means homeowners will not have to pay any extra taxes on the increased home value of going solar in Maryland. The Sales and Use Tax Exemption for Renewable Energy Equipment also lowers costs by making the purchase of a new solar energy system tax-free.

How Baltimore homeowners can save big with solar

Though Baltimore residents will see solar prices in the country continue to decline over the next five years, low prices aren’t necessarily the biggest selling point. When it comes to going solar, the long term ROI and savings from avoided bill payments is often the biggest deciding factor – and the figures can be staggering even in states where utility rates are reasonable.

In 2017, solar quotes received by Baltimore homeowners yielded 20-year savings estimates of over $49,109 on average. Checkout the breakdown of average net savings by solar system size:

Baltimore net 20-year savings from solar

System size Average solar savings over 20 years
3 kW $25,891
5 kW  $37,621
7 kW $50,724
10 kW  $74,407
12 kW  $98,760

Three tips for solar shoppers in Baltimore

  1. Homeowners who get multiple quotes save 10% or more

    As with any big ticket purchase, shopping for a solar panel installation takes a lot of research and consideration, including a thorough review of the companies in your area. A recent report by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) recommended that consumers compare as many solar options as possible to avoid paying inflated prices offered by the large installers in the solar industry.

    To find the smaller contractors that typically offer lower prices, you’ll need to use an installer network like EnergySage. You can receive free quotes from vetted installers local to you when you register your property on our Solar Marketplace – homeowners who get 3 or more quotes can save thousands on their solar panel installation.

  2. The biggest installers typically don’t offer the best price

    The bigger isn’t always better mantra is one of the main reasons we strongly encourage homeowners to consider all of their solar options, not just the brands large enough to pay for the most advertising. A recent report by the U.S. government found that large installers are $2,000 to $5,000 more expensive than small solar companies. If you have offers from some of the big installers in solar, make sure you compare those bids with quotes from local installers to ensure you don’t overpay for solar.

  3. Comparing all your equipment options is just as important

    National-scale installers don’t just offer higher prices – they also tend to have fewer solar equipment options, which can have a significant impact on your system’s electricity production. By collecting a diverse array of solar bids, you can compare costs and savings based on the different equipment packages available to you.

    There are multiple variables to consider when seeking out the best solar panels on the market. While certain panels will have higher efficiency ratings than others, investing in top-of-the-line solar equipment doesn’t always result in higher savings. The only way to find the “sweet spot” for your property is to evaluate quotes with varying equipment and financing offers.

For any Baltimore homeowner in the early stage of shopping for solar that would just like a ballpark estimate for an installation, try our Solar Calculator that offers up front cost and long term savings estimates based on your location and roof type. For those looking to get quotes from local contractors today, check out our quote comparison platform.

Comcast & Solar: Sunrun Partnership Explained

comcast sunrun partnership explained by EnergySage

As the cost of solar continues to fall and the financial and environmental benefits of solar PV grow, more organizations are collaborating to provide reasonably priced solar options to homeowners. For example, National Grid recently announced that it is partnering with EnergySage to offer a solar marketplace option to its Rhode Island customers. Recently, Comcast also announced a partnership: the cable company will offer a discounted solar option to its customers through an exclusive partnership with Sunrun. Find out more about what the Comcast solar offer means for you.

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How much does a 25,000 Watt (25 kW) solar system cost?

25 kW solar panel system cost

If you’re shopping for a solar energy system, one of your first questions is probably, “how much will it cost?” Prices depend on the size of your system, the type of equipment you choose, and the state that you live in, but reviewing prices for a 25 kilowatt (kW) system is a great place to start for many smaller homes. Learn more about how much a 25 kW solar system costs, how much electricity a 25 kW system will produce, and the smartest way to shop for solar.

How much does a 25 kW solar system cost in 2017? 

As of January 2017, the average cost of solar in the U.S. is $3.16 per watt ($79,000 for a 25 kilowatt system). That means that the total 25 kW solar system cost would be $55,300 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).

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What Will a 10,000 Watt (10 kW) Solar System Cost in Your State in 2017?

10kW solar systems EnergySage

10kW solar systems are among the most popular solar energy system sizes in the country, producing enough electricity to power a home with slightly above-average electricity consumption. How much does a 10kW solar system cost? How much electricity will a 10kW solar system produce? How do you know you’re getting the best deal on a system? These are some of the key questions we will answer in this article.

How Much Does a 10kW Solar System Cost?

As of January 2017, the average cost of solar in the U.S. is $3.26 per watt ($32,600 for a 10 kilowatt system). That means that the total cost for a 10kW solar system would be $22,820 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).

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3,000 Watt (3kW) Solar Systems: Compare 2017 Prices and Installers

3kW solar panel system prices and installers

If you have high electricity bills, installing a 3,000 watt (3 kilowatt) solar energy system on your home can be a great way to significantly reduce your monthly costs. In order to maximize your long-term solar savings, you want to be confident that you’re getting a good price for your solar energy investment. The best way to feel confident about your purchase: compare multiple offers for 3 kW solar systems against the prices that other solar shoppers in your area have been offered. Learn more about the cost of a 3 kW solar system in your area, the amount of electricity you can expect your 3 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 3 kW solar panel systems. 

How much does a 3kW solar system cost in 2017?

As of January 2017, the average cost of solar in the U.S. is $3.26 per watt ($9,780 for a 3 kilowatt solar system). That means that the total cost for a 3,000 watt (3kW) solar system would be $6,846 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).

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Maryland home energy storage rebate program makes solar batteries affordable

Maryland home battery rebate program explained

The state of Maryland has taken its place alongside California and Massachusetts as a leader in energy storage, thanks to a new piece of legislation that establishes a state tax credit for batteries.

The Maryland solar battery rebate program offers a financial incentive worth thousands of dollars to homeowners and businesses looking to purchase batteries that can store energy on-site. With this tax incentive, the Old Line State becomes the first in the country to offer a direct financial boost to energy storage installations.

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Solar News: Tesla unveils standard solar panels, NREL report shows price inflation by large installers

tesla solar panels 2017

It was a wild week in the solar industry, full of unforeseen product releases and a controversial solar pricing report that was released by the government. An NREL report that confirmed price inflation by SolarCity and other top solar installers, Tesla’s big solar panel reveal and exciting growth in solar storage in certain states are the three stories we’re studying from this week’s Solar News Report.

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Solar energy news: U.S. solar market has record year with major price drop, new report confirms solar leases don’t affect home value

solar panels on roof tiles

It was an exciting week as the solar industry reveled in the latest booming figures from the record year for the U.S. market in 2016. A report that shows solar leases don’t impact home values, figures from solar’s record year in 2016 and the new prospect of universities powered 100 percent by solar are the key headlines we’re discussing from this week’s Solar News Report.

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Is residential electricity price going up or down?

electricity rates and solar cost trends graphic

What You Should Know About Solar Energy: Costs Are Going Down

If you’re considering whether going solar is a worthwhile financial move for your home, there are essentially two factors that you should look at: 1) the costs associated with solar power, and 2) the rates you pay for electricity from your utility. Going solar makes economic sense when solar electricity costs less than grid electricity.

As for solar, it is clear that costs are coming down. Rooftop solar panels are now more affordable and accessible than ever. This is why more and more households are having solar energy systems installed: going solar is a great way to reduce your power bills.

But what about the future cost of grid electricity? If electricity rates are going up, then of course going solar makes sense. As you’re probably aware, however, utility electricity rates fluctuate seasonally and annually. “What if utility electricity rates go down instead of up?” you might be asking yourself. Would it still be worth it for you to go solar? This article seeks to address this question and put to rest any idea that grid electricity rates could be going down. Continue reading

How much does a 20,000 Watt (20 kW) solar system cost in 2017?

20 kW solar system cost

If you’re shopping for a solar energy system, one of your first questions is probably, “how much will it cost?” Prices depend on the size of your system, the type of equipment you choose, and the state that you live in, but reviewing prices for a 20 kilowatt (kW) system is a great place to start for many smaller homes. Learn more about how much a 20 kW solar system costs, how much electricity a 20 kW system will produce, and the smartest way to shop for solar.

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