Solar Panel Installation Cost in Baltimore, MD

Baltimore is served by Baltimore Gas & Electric (BGE), a subsidiary of Exelon. Maryland is one of the better Mid-Atlantic states for solar thanks to a strong SREC market, net metering at retail rate, and reasonable solar resource (about 4.4 to 4.8 peak sun hours per day).

Maryland's SREC market is the most valuable financial incentive remaining. Maryland SRECs have traded at $50 to $80 per certificate (1 SREC = 1 MWh), providing meaningful supplemental income that partially offsets the lost federal ITC.

BGE rates are about $0.13 to $0.17 per kWh and have been trending upward. The combination of net metering savings plus SREC income makes Baltimore one of the stronger solar markets on the East Coast below New England.

Baltimore averages 4.4 to 4.8 peak sun hours per day. A 7 kW system produces about 8,800 to 10,500 kWh per year. The Chesapeake Bay region has moderate humidity but less cloud cover than areas further north.

SREC value over time: A system producing 9 MWh per year earning $60 per SREC generates $540 annually in SREC income alone. Over 15 years of SREC eligibility, that is over $8,000 in additional income beyond electricity savings.

Baltimore solar incentives:

BGE: • Net metering at full retail rate for systems up to 200 kW • BGE rates approximately $0.13 to $0.17 per kWh • Monthly excess credits roll forward

Maryland state incentives: • SREC market: Maryland's Renewable Portfolio Standard creates strong SREC demand. Maryland SRECs have traded at $50 to $80 per certificate. A typical 7 kW home system generates 8 to 10 SRECs per year, adding $400 to $800 annually • Property tax exemption: Maryland offers a property tax credit for solar (terms vary by county, check Baltimore County or city assessment office) • Sales tax exemption: Maryland exempts solar from its 6% sales tax • Maryland Energy Administration has offered solar grants in the past. Check current availability

Federal: 30% ITC expired December 2025.

Baltimore installation notes:

Permitting: Baltimore City Department of Housing handles permits (or Baltimore County DPZE for county properties). Processing varies by jurisdiction.

SREC registration: Your system must be registered with PJM-GATS and certified as a Maryland solar facility to earn SRECs. Your installer should handle this, but confirm it is included in the contract.

Historic district consideration: Parts of Baltimore (Federal Hill, Fells Point, Mount Vernon) have historic building protections. Solar placement may need approval from the Commission for Historical and Architectural Preservation (CHAP).

Installer market: Maryland has a strong solar market. Ipsun Solar, Solar Energy World, and national brands serve the Baltimore area. Get 3 or more quotes.