Are solar systems expensive?

Solar energy systems are an investment for your future. Many homeowners end up saving thousands throughout the lifespan of their system!

What comes with my solar energy system?

The main components of your solar energy system are the solar panels, microinverters, solar flashing, racking and mounting equipment, as well as production monitoring software via app.

Solar Renewable Energy Credits (SRECs)

Maryland offers Solar Renewable Energy Credits (SRECs) to homeowners who generate solar energy. SRECs compensate homeowners for every kilowatt-hour (kWh) of energy produced by their solar panel system. The compensation amount varies based on the market value.

How much money can I save by going solar?

The exact amount varies for each home based on their location, home size and energy requirements. Most homeowners save thousands by the end of their contract.

Will panels make it challenging to sell my home?

Since solar energy is rising in popularity, homes with panels installed typically sell at a higher rate than similar homes without panels.

Federal Tax Credit

The federal government offers a tax credit that covers 30% of the cost of your solar energy system. This isn’t a write-off or a deduction but a dollar-for-dollar credit against your income taxes. You can claim all of this in one year, and will come back to you in your tax return.

Do I receive credit for my extra energy production?

When your solar panels produce more power than your home can use, the excess electricity is automatically sent back to the grid. Through net metering, you’ll be building a ‘bank’ of credits with your utility company.

Net Metering

Maryland provides net metering, which allows you to store the energy your panels produce in the electric grid for use at a later date (for example, excess energy produced in July can be used in December), decreasing your electricity bill and putting money back in your pocket.

Property Tax Exception

Solar energy systems in Maryland that are employed for heating, cooling structures, or supplying hot water, are presently relieved from the burden of both state and local real estate property taxes.