Are Solar Panels Worth It in Maryland? Data-Backed Analysis
✓
Yes
Solar panels are a strong investment in Maryland based on available data.
The Numbers
Average System Cost
$42,228
10.8 kW system
Federal Residential Credit (2026)
$0
No new credit after Dec. 31, 2025
Observed Records
27,227
98% residential
Factors in Favor
- ✓Below-average installation cost ($3.91/W vs national $4.18/W)
- ✓27,227 installations demonstrate strong market adoption
- ✓98% residential - strong homeowner adoption
Maryland vs National Average
| Metric | Maryland | National |
|---|---|---|
| Cost per Watt | $3.91 | $4.18 |
| Total Installations | 27,227 | 3,426,466 |
| Total Capacity | 293 MW | - |
Frequently Asked Questions
The observed average implies a system cost of approximately $42,228 (avg 10.8 kW system at $3.91/W). This is a historical dataset estimate, not a current installer quote.
New residential systems placed in service in 2026 do not qualify for the federal Residential Clean Energy Credit under current IRS guidance. State, local and utility programs may still apply; verify current eligibility with each program administrator.
Maryland has 27,227 solar installations, showing strong market adoption. Combined with competitive costs and available incentives, solar is a strong investment in Maryland.
Source: LBNL Tracking the Sun, U.S. Department of Energy, EIA. Costs and savings are modeled from historical averages and may vary. New 2026 residential installations receive no federal Residential Clean Energy Credit under current IRS guidance.