Cost of Solar Panels in Maryland
Homeowners across Maryland are making the switch to solar energy at a rapid pace as the cost of solar in Maryland has become more and more affordable in recent years.
If you’re thinking about switching to solar energy then you may be wondering how much it will cost. The following guide covers everything you need to know about the price of solar panels in the State of Maryland.
How Much Do Solar Panels Cost In Maryland?
According to official industry data for 2022, the average cost of a solar panels in Maryland ranges between $12,962 to $17,538 before applying for solar incentives.
On a cost-per-watt basis the average price for solar panel installation in MD is between $2.59 to $3.50 per watt.
REMEMBER, these costs can be reduced significantly if you work with a state-licensed specialist like us to apply for programs that often make solar panel installations FREE!
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The following table shows average solar prices in New Jersey based on system size:
| System Size | Avg. Cost Before Incentives | Avg. Cost After Incentives |
|---|---|---|
| 3 kW | $9,000 | $6,300 |
| 4 kW | $12,000 | $8,400 |
| 5 kW | $15,000 | $10,500 |
| 7 kW | $21,000 | $14,700 |
| 10 kW | $30,000 | $21,000 |
| 12 kW | $36,000 | $25,200 |
The numbers in the chart above are a great guide to get an idea of the costs involved, however the cost of solar in Maryland can vary depending on your annual electricity usage, the type of solar panels you choose, solar incentives that you qualify for and many other factors.
In order to get the most accurate cost estimate for your specific property you should always request a free solar savings estimate from a trusted solar company like EcoGen America.
Is Solar Worth It For Your Home or Business?
Solar energy continues to be one of the best investments for Maryland homeowners year after year. In fact, many MD residents and business owners are able to save more than $30,000 in electricity costs by switching to solar.
At EcoGen America we are proud to help you evaluate your energy options. Contact us to speak with our local Maryland solar experts and get a FREE savings quote today!
Find Out How Much Money You Could Save by Investing in Solar Energy!
According to official industry data for 2022, the average cost of a solar panels in Maryland ranges between $12,962 to $17,538 before applying for solar incentives.
On a cost-per-watt basis the average price for solar panel installation in MD is between $2.59 to $3.50 per watt.
REMEMBER, these costs can be reduced significantly if you work with a state-licensed specialist like us to apply for programs that often make solar panel installations FREE!
Solar energy continues to be one of the best investments for Maryland homeowners year after year. In fact, many MD residents and business owners are able to save more than $30,000 in electricity costs by switching to solar.