Solar Incentives    >    Maryland

Maryland Solar
Incentives & Rebates

Maryland Offering Solar Tax Incentives and SRECs

When it comes to cutting expensive electric bills in half, generous state incentives for switching to solar, and existing statewide capacity for solar, Maryland ranks in the top 5 states nationally. With extremely solar-friendly policies, substantial rebates and Solar Renewable Energy Credits (SRECs), homeowners are guaranteed lower electric bills and a sizeable return on their investment. No wonder more and more Marylanders are moving to Solar.

Solar Rebate Program

Maryland homeowners who switch to solar are eligible for a $1,000 grant upon the installation of their panel system. EnergyBillCruncher can help you combine this grant with all of the other credits and incentives into one low monthly payment.

The Federal Solar Tax Credit

The ITC, also known as The Federal Investment Tax Credit, is also available to Maryland homeowners who purchase their solar panel system outright. This credit amounts to 30% of your solar system’s cost after deducting the value of your state rebates. But this one isn’t going to be around forever. By the end of 2019 ITC credits will drop from 30% to 26%. The following year, after 12/31/2020, the tax credits for installations will drop to 22%. This is one of many reasons why it makes sense to go solar now.

Hassle Free Loans Provide Zero Out Of Pocket Installations

Agreements and loan terms can be customized based on your needs, resulting in complete solar panel system installations with zero out of pocket upfront for the homeowner. Our specialists will work with you hand in hand to ensure you take advantage of all the state and federal incentives, credits, and rebates that are available to the Maryland homeowner. We’ll even handle all of the paperwork, streamlining the process for you to get your solar panel system installed hassle free. So just sit back and watch as your energy bill gets crunched in half.

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