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Solar cost & payback in Maryland

Short answer

In Maryland, a home with a $150/month electric bill needs about a 8.2 kW solar system — roughly $17,212 after the 30% federal tax credit, saving about $1,801/year and paying back in ~9.6 years.

System size

8.2 kW

Cost after 30% credit

$17,212

Payback

9.6 yrs

20-yr net savings

$28,793

Solar in Maryland

Maryland averages about 4.3 peak sun hours a day and pays roughly 17.5¢/kWh. The figures above assume a $150/month bill and ~$3/watt installed, with the 30% federal tax credit. A bigger bill needs a bigger system; shading, roof orientation, and net-metering rules change the payback.

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Frequently asked questions

How much do solar panels cost in Maryland?

For a $150/month bill, about a 8.2 kW system — roughly $24,589 before incentives, or $17,212 after the 30% federal tax credit. Larger bills need bigger, pricier systems.

Is solar worth it in Maryland?

Maryland gets about 4.3 peak sun hours a day and pays ~17.5¢/kWh. A typical system pays back in ~9.6 years and saves about $28,793 net over 20 years — a longer payback, so run your own numbers.

What is the solar tax credit in Maryland?

The 30% federal Residential Clean Energy Credit applies everywhere, including Maryland — about $7,377 on the example system. Maryland may add its own state incentives on top; check current programs.