$76
712 kWh
506 lbs
Average solar panel installation
$13,196Federal Incentives
$3,959Total
$9,237
Average monthly bill without solar
$76Average monthly bill with solar
$20Solar will pay for itself in
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The estimated cost to install solar at your house is $13,196. We calculated this because we think your electricity usage for the year is about 8540 kWh, and a 4.38 kW size solar system on your roof would replace 74% of your usage. We are using an estimated cost of $3.01/W, which we get from Energy Sage.
The current electricity costs for PEPCO are 11¢/kWh. So, by replacing 74% of your usage, you’ll save $677 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 12.16 years. If the costs of PEPCO electricity rise 3%, then your savings will pay for your solar system in 11.81 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 600 kWh in July, to a low of 370 kWh in December. For the entire year, we estimate that your 4.38 kW sized system would produce 6290 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $3,959. The state of Maryland generally uses Full Retail Rate for net metering. This means that when you produce more electricity than your house uses, the utility will pay you Full Retail Rate for the extra electricity.
From Department of Energy Data, it looks like 6,071 homes have installed solar panels in your state, Maryland.
There are 11 solar installers that operate in Maryland. WattBuy recommends Modernize, EnergyPal EX, EnergySage, RGR Marketing, Solar America, Palmetto, and EnergyPal NX.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.