Maryland has been very progressive concerning solar power installations of late. The state’s installers will be busy meeting renewable energy goals in the coming years. As of 2023, 2,054 MW of solar has been installed. This gives the state a ranking of 19th in the nation and also provides 253,987 homes with power.*
Get connected with a local solar panel installer in Maryland by filling out the form on this page. If you would like to know more about the solar power industry in the state, continue reading.
The following facts will help shine some light on burgeoning solar industry in The Old Line State;*
- The state poured considerable moneys for the implementation of solar at all scales – residential, commercial, and utility. The cumulative total solar investment is now $5 billion.
- Prices for installed solar have fallen by a significant 47% over the last 10 years.
- There are at least 187 solar companies doing business in the state. They actively employ about 4,921 people.
As previously alluded to, Maryland has fairly aggressive renewable energy goals. According to its Renewables Portfolio Standard, it must provide 50% of its power from clean sources by 2030. 14.5% of that must be from solar.**
The residential solar market in Maryland is poised for explosive growth. Along with favorable net metering policies, the state offers PACE financing, Solar Renewable Energy Certificates, and personal tax credits.
There are currently about 94 contractors at work throughout the state.* Due to Maryland’s rather small size, you’ll find installers throughout the state. In addition to Baltimore, you can find installers in Columbia, Silver Spring, Germantown, Glen Burnie, Frederick, Ellicott City, Waldorf, Dundalk, Rockville, Annapolis, Londontowne, Elkridge, Gaithersburg, Laurel, Salisbury, Crofton, Ocean City, Bethesda, and Hagerstown, to name a few.
You can always find a trustworthy and affordable solar contractor through Solar-Power-Now.com. Just fill out the form on this page and you will be well on your way in saving money on your electric bills.
*Information and figures gathered from seia.org.
**Information and figures gathered from dsireusa.org.