Benefits of Going Solar in Maryland:
Lower electricity bills: Solar panels allow you to generate your own electricity, reducing your reliance on the grid and lowering your electricity bills.
Environmental benefits: Solar power is a clean and renewable source of energy, which means it produces no emissions and reduces your carbon footprint.
Increased home value: Installing solar panels can increase the value of your home, making it more attractive to potential buyers.
Energy independence: By generating your own electricity, you can become more self-sufficient and less dependent on the grid.
Top Utility Net Metering Policies in Maryland:
Net Energy Metering (NEM): Maryland offers net metering for residential solar customers. Any excess electricity produced by a solar system is fed back into the grid, and customers are credited for the excess energy they produce.
Virtual Net Metering: Maryland also allows virtual net metering, which enables customers to offset the electricity bills of multiple meters on the same property with a single solar system.
Rebates and Incentives in Maryland to go solar:
Maryland Energy Administration (MEA) Grant Program: The MEA offers a grant program that provides funding for residential and commercial solar systems.
Property Tax Exemption: Solar installations are exempt from property taxes in Maryland, which means you won't have to pay any additional taxes on the value that solar panels add to your home.
Federal Solar Tax Credit: Maryland residents are eligible for the federal solar tax credit, which provides a 30% tax credit for the cost of a solar system installed on a residential or commercial property.