The solar company Maryland trusts

Maryland’s main programs are net metering and SRECs, plus sales and property tax exemptions. Net metering credits your bill at the full retail rate through all major utilities, with credits that roll forward indefinitely and an April true-up option to cash out any balance. SRECs pay you cash for every megawatt-hour your system generates for 15 years — current prices run roughly $40–55 per certificate. Solar equipment is fully exempt from Maryland’s 6% sales tax, and added home value from solar is exempt from property tax statewide. Venture Home handles SREC registration and utility interconnection as part of every installation.

For every 1,000 kilowatt-hours (1 megawatt-hour) your system produces, you earn one SREC — a tradable certificate that Maryland utilities are required to purchase to meet the state’s Renewable Portfolio Standard. You sell them through a broker or aggregator, and payments come to you as cash. A typical 10 kW Maryland system generates around 10–13 SRECs per year. At current prices of roughly $40–55 per certificate, that’s approximately $400–700 per year in additional income on top of your bill savings, for 15 years. Venture Home registers your system with the SREC program at installation so certificates start accruing immediately.

Maryland electricity rates have risen 37% since 2021 and show no sign of slowing. Solar locks in your energy cost for the life of the system. On top of bill savings, SRECs generate cash income for 15 years. Your total return depends on your system size, utility rate, and how you sell your SRECs. Venture Home builds a personalized projection — including SREC income estimates — as part of your free consultation.

When your panels produce more than you use, the surplus goes to the grid and your utility credits your account at the full retail rate — a true 1:1 structure. Credits roll forward indefinitely, so summer overproduction offsets winter bills. Maryland holds a true-up each April, at which point you can cash out any remaining balance (at a lower rate than retail) or continue rolling credits forward. Net metering is available through all major Maryland utilities: BGE, Pepco, Delmarva Power, Potomac Edison, SMECO, and Choptank Electric Cooperative. Note: Maryland has a 3,000 MW statewide net metering capacity limit — locking in today ensures you benefit from the current favorable 1:1 structure.

Maryland averages around $3.11 per watt installed — roughly $25,000–$35,000 for a typical system before incentives. The 6% sales tax exemption reduces that cost immediately at purchase. Combined with 15 years of SREC income and net metering bill savings, most Maryland systems pay back in approximately 10–12 years. Venture Home provides a free custom quote with a full savings and SREC income projection based on your actual bills and roof.

Maryland doesn’t offer a direct cash rebate on solar panels, but EmPOWER Maryland fills that gap for homeowners who pair solar with a heat pump or other efficiency upgrades. BGE, Pepco, Delmarva Power, and Potomac Edison all participate, offering rebates on qualifying cold-climate heat pumps and other improvements. The combination of SREC income, net metering bill credits, and EmPOWER heat pump rebates makes Maryland one of the stronger financial cases for solar in the mid-Atlantic — especially for homeowners currently on oil or propane heating. Venture Home walks through all available programs during your consultation.

Yes — completely. We manage all local building and electrical permits, your interconnection application with your utility, and your SREC program registration. Getting your system registered promptly matters because SRECs accrue from your interconnection date — delay costs real money. Our team handles this process across all Maryland utility territories.

Without a battery, a grid-tied solar system shuts off during an outage. With battery backup, your system keeps essential circuits running from stored solar energy. Maryland’s 1:1 net metering policy makes the financial case for batteries less clear-cut than in states with less favorable net metering — you already get full credit for power you send to the grid. That said, battery backup is valuable for reliability and outage protection, which matters increasingly as extreme weather becomes more frequent. We will give you an honest assessment during your free consultation.