Maryland Solar Incentives (2026)
Maryland homeowners qualify for the 30% federal solar tax credit and a $1,000 state rebate. Net metering policy: Full Net Metering. Average payback period: 8.5 years.
30%
Federal ITC
None
State Tax Credit
$1,000
State Rebate
Full Net Metering
Net Metering
Federal Solar Incentives (Available in Maryland)
Federal Solar Investment Tax Credit (ITC)
Tax Credit30% of system cost
The federal ITC allows homeowners to deduct 30% of solar installation costs from federal taxes. Available for systems installed through 2032, stepping down to 26% in 2033 and 22% in 2034.
Expires: 2034-12-31
Maryland-Specific Solar Incentives
Maryland Clean Energy Rebate
Rebate$1,000
Maryland offers a $1,000 rebate for residential solar installations.
Expires: 2026-12-31
Maryland SRECs
SREC / REC Program$40-60/SREC
Maryland's Renewable Portfolio Standard creates demand for Solar Renewable Energy Credits.
Maryland Solar Overview
Peak Sun Hours
4.3 hrs/day
Avg Payback Period
8.5 years
20-Year Savings
$36,400
Electricity Rate
16.57¢/kWh
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Data verified March 2026 · Source: DSIRE, NREL, EIA