Solar by State


Incentives Make Solar More Affordable Than Ever

The combination of government and utility incentives can drive down the cost of your solar installation by more than 50%! Federal, State, and Local governments, along with utilities, are pitching in to lower the cost of home solar power because solar is a great investment for them as well as for you. If you choose to lease your solar system, you still benefit because most of these incentives transfer to your system owner. The incentives require some paperwork, which Astrum Solar will take care of for you.

Federal, State and Local Rebates

Federal Rebate

The Federal rebate is very straightforward. It is 30% off your installation price. It’s a simple one page form that attaches to your Federal tax return and you will get your money as a tax rebate. There is no risk money will run out.

Maryland Residential Solar Grant Program

The current Maryland grant is a flat amount of $1,000 for systems up to 20kW in size. Since 2005, the Maryland Energy Administration (MEA) has awarded residential PV solar grants to more than 2,000 Maryland residents and small business owners.  Out of a desire to reach as many Marylanders as possible, the MEA has made adjustments to their calculation of solar grants on several occasions to extend program funding. For more information see the MEA website.

Local Property Tax Credit

Local incentives are changing all the time as counties become more aware of the benefits of solar power or run out of funds. If your property taxes are lower than the credit amount in a year, you can carry the remaining credit forward so you always get the full amount.

  • Anne Arundel County
    There is a property tax credit of up to 50% of the total solar installation costs, with a maximum credit of $2,500. Applications must be filed on or before June 1, 2012 to be eligible. The tax credit is credited from taxes levied on the dwelling only and may not be credited from any taxes levied on the land.
  • Baltimore County
    There is a property tax credit of up to 50% of the total solar installation costs, with the maximum credit available determined by the taxes levied on the property. Our solar consultants can work with you to determine the actual benefit available to you.
  • Harford County
    There is a property tax credit of up to $2,500.
  • Prince George’s County
    There is a property tax credit of up to 50% of the total solar installation costs, with a maximum credit of $5,000.

Solar Renewable Energy Credits

Most states have laws requiring utilities to produce a percentage of their electricity using renewable sources of energy (or pay a fine to the state). The utility can meet this requirement by buying Solar Renewable Energy Credits (SRECs) from solar homeowners. It’s a win-win-win situation! You get money from the utility for putting up solar panels, the utilities don’t need to become experts in adding solar to roofs, and the state gets more solar installations.

Astrum Solar can offer you the best value for your SRECs. That’s because SRECs prices are not fixed but negotiated, and Astrum Solar, as one of the region’s top SRECs aggregators, has the leverage to get the best price for our customers. We are also the only installation company that offers an upfront payment for the value of all your future SRECs, thereby reducing the initial out-of-pocket cost of your installation. Astrum Solar customers have the option of selling their SRECs to Astrum Solar upon purchase of their solar system or over a period of years.

What is one SREC Worth?

When you use our Solar Calculator to get an estimate for a solar installation for your home, it will show you the price we can offer you for your SRECs. You can also visit Astrum SRECs to learn more.

In 2012, the utility companies pay a fine of $400 for each SREC that they are missing from their required portfolio at the end of the year. Therefore, the utility should be willing to pay a homeowner between $1 and $400 for each SREC so that they don’t have to pay the state $400 for each missing SREC. The fine amount, called the Alternative Compliance Penalty (ACP), will decline over time because the amount set as defined in the law decreases over time.

Maryland Yearly ACP per SREC

2012 $400
2013 $400
2014 $400
2015 $350
2016 $350
2017 $200
2018 $200
2019 $150
2020 $150
2021 $100
2022 $100
2023 $50
2024 $50