Is Solar Worth It in Annapolis, MD? (2026 Analysis)

Detailed solar ROI analysis for Annapolis, Maryland. With 4.5 peak sun hours and electricity at $0.15/kWh, here is what you can expect from going solar.

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$27,806 20-Year Savings
5 yrs Break-Even Timeline
$9,150 Net Cost After Incentives
4.5 hrs Peak Sun Hours/Day
$0.15/kWh Electricity Rate (increasing)
40,812 Population

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20-Year Solar Savings Projection for Annapolis

This projection is based on a 7.5 kW system with 4.5 peak sun hours and $0.15/kWh electricity rate.

PeriodCumulative SavingsNet PositionStatus
Year 1$1,848$-7,302Paying off
Year 2$3,696$-5,454Paying off
Year 3$5,544$-3,606Paying off
Year 4$7,392$-1,758Paying off
Year 5$9,240$90Profitable
Year 7$12,936$3,786Profitable
Year 9$16,632$7,482Profitable
Year 11$20,328$11,178Profitable
Year 16$29,568$20,418Profitable
Year 20$36,960$27,810Profitable

Estimates assume stable electricity rates. Actual savings may increase as rates rise.

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$0 down options available. Own your system and claim the 30% federal tax credit. Save up to $1,848/year.

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Solar Investment Breakdown for Annapolis

Gross System Cost 14500
Federal Tax Credit (30%) 4350
State Incentives 1000
Net Cost 9150
Annual Savings 1848

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Local Solar Incentives in Annapolis

Local Programs: Federal ITC plus applicable state and local incentives

Electricity Trend: Rates in Annapolis are currently increasing. Solar locks in your energy costs and provides a hedge against future rate increases.

State Incentives: Maryland offers a $1,000 rebate, net metering (full), and SRECs worth $65/MWh. See all Maryland incentives.

Financing Options for Annapolis Homeowners

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CashBest ROI. Own immediately.
LoanOwn system + tax credits.
Lease/PPA$0 down. Lower savings.

Best Solar Providers in Annapolis

ProviderTypeHighlightRatingAction
EnergySageMarketplaceCompare Annapolis installers4.8/5Get Quotes
SunrunInstaller$0 down solar in MD4.5/5View Plans
SunPowerPremiumHighest efficiency panels4.6/5Get Quote

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Frequently Asked Questions

Yes. With 4.5 average peak sun hours per day and electricity rates at $0.15/kWh (increasing trend), solar is a strong investment in Annapolis. The estimated 20-year savings is $27,806 with a break-even period of approximately 5 years.
The average solar installation in the Annapolis area costs approximately $14,500 for a 7.5 kW system before incentives. After the 30% federal tax credit and state incentives, the net cost drops to approximately $9,150.
Federal ITC plus applicable state and local incentives The 30% federal Investment Tax Credit (ITC) is available to all Annapolis homeowners. Check your specific state and utility for additional programs.
A typical home in Annapolis uses a 7.5 kW system (approximately 19 panels). This produces roughly 12,319 kWh per year based on 4.5 peak sun hours per day.
Electricity rates in Annapolis are currently increasing. The current average rate is $0.15/kWh. Solar locks in your energy costs and protects against future rate increases.

SolarSavingsAI Research Team

Solar Energy Analysts

Our team analyzes solar incentive data from federal (DOE, IRS), state (DSIRE), and utility sources to provide accurate savings estimates. Data is reviewed quarterly and cross-referenced with NREL benchmarks.

Sources: DOE, IRS, DSIRE, NREL, EIA Updated: 2026 Full Methodology Editorial Standards

Your Local Utilities in Maryland

Review net metering policies and solar programs from utilities serving Annapolis.

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