Maryland Solar Power Can Save You Money
Many Marylander’s don’t realize the amount of money spent on their home energy use each year. In the next 10 years, the average Maryland homeowner will spend over $14,000 on electricity. Not to mention that electricity prices in Maryland have increased 50% since 1990 and continue to increase at a rate of approximately 3-4% each year. Smart homeowners are increasingly looking to renewable energy and investing in a home solar system today – before the rebates and incentives dry up. In fact, if your average electric bill is $150/month, solar power in Maryland can save you over $1,250 each year!!
Home Solar Financing
An average residential solar system can cost between $15,000-$25,000 after rebates and incentives. Considering that you will probably spend over $72,000 in electrical bills over the next 25 years, this can be a small price to pay for solar in Maryland. However, for too many people, that still represents too large of an up front payment. The good news is that our solar partners offer a variety of great solar financing options to help offset some of initial solar installation costs. In most cases, the monthly payment on any financing arrangement will still be less than the amount of savings on your electric bill. In addition, low interest rates are available for a solar home financing and installing solar panels can increase the value of your home as well.
Maryland Solar Rebates and Tax Incentives
One of the great facts about solar in Maryland is that there are large number of Maryland solar rebate programs and Maryland financial options that exist to make it easier to afford solar power for your home. Whether you live in Baltimore, or Columbia there will be a rebate and/or incentive that will help make solar a reality for you. The solar installer that you select will be up to date on all of the applicable solar incentives based on where you live to save you as much money as possible.
Home Solar Benefits
There are a number of benefits of home solar power: (1) solar systems can lower your electric bills by 70% or more – homeowners may no longer have to pay thousands of dollars each year to their utility companies; (2) current government rebates and incentives will often save you nearly 50% off the price of solar roofs and shingles, (3) installing a solar panel system can increase the value of your home by $20,000-$40,000; (4) many Maryland solar companies are offering great financing programs so you can get solar for as little as $0 down; and (5) you can protect yourself from rising costs of electricity! Save today and tomorrow with MD solar energy! Start with free estimates from our qualified solar power experts by filling out the 1-minute request above.
Installing solar panels on your home is a substantial investment: make a payment now and get a big return in the future. To ensure a positive return on your solar investment and that your solar system operates effectively at all times, you need to hire the right solar installer who can guide you through solar installation process – from financing and finding the right rebates and incentives to installation and maintenance – and avoid typical mistakes when going solar. Our Maryland solar installer partners are all certified solar energy professionals so you can feel comfortable that you are getting quotes from reputable solar installers.
Which utility districts is solar viable?
Solar power has been installed in almost every state and utility company service area across the USA. Solar Maryland home owners have lowered their utility electric bills with solar in areas served by: Choptank Electric Cooperative – CEC, Delmarva Power & Light – DP&L, DPL, Potomac Electric Power Company – PEPCO, Southern Maryland Electric Cooperative – SMECO, Baltimore Gas & Electric – BGE, Potomac Edison – Allegheny Power, Easton Utilities, Hagerstown Light Department – HLD, and Thurmont Municipal Light & Water Co.. Contact us today to determine how much you can save off your home electric bill.
Solar-Maryland.org is a no-cost, no-obligation, risk-free service dedicated to providing solar estimates to anyone interested in lowering their electricity bill and going green.