Solar Panel Savings in Annapolis, MD

Calculate how much you can save with solar panels in Annapolis, Maryland. Based on 4.1 peak sun hours/day and 17.7¢/kWh average electricity rate.

4.1

Peak Sun Hours/Day

17.7¢

Avg Rate (¢/kWh)

10 yr

Payback Period

$19k

25-Year Savings

Annapolis Solar Overview

Population:40,812
Sunny Days/Year:177
Avg Temperature:46.9°F
Solar Penetration:4.8%
Utility Company:BGE
Net Metering:Available

Calculate Your Annapolis Solar Savings

3 kW15 kW

Annapolis average: $133/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

7,183

kWh/year

Annual Savings

$1,271

per year

Net System Cost

$12,684

after 30% ITC

Payback Period

10.0 yr

break-even time

25-Year Total Savings

$43,415

Monthly Savings

$106

Federal Tax Credit

$5,436

Cumulative Savings vs System Cost

$0k$11k$23k$34k$46kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemAnnapolisNational Avg
Gross System Cost (6kW)$18,120$17,100
Federal Tax Credit (30%)-$5,436-$5,130
Net System Cost$12,684$11,970
Cost Per Watt$3.02/W$2.85/W

Solar Potential in Annapolis

Sun Hours vs National Average

4.1 hrs
4.5 hrs

Annapolis gets 9% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 177 sunny days per year
  • Average temperature: 46.9°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,804 sq ft — enough for a 100-panel system

Annapolis Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $18,120 system, that's a $5,436 credit. Valid through 2032.

Maryland State Incentives

Maryland SRECs worth $40-$80/MWh; property tax exemption.

Net Metering — BGE

BGE offers net metering in Annapolis. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Annapolis

3.0

Tons CO2 Offset/Year

49

Equivalent Trees Planted

0.7

Homes Worth of Energy

Based on 7,183 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Annapolis, Maryland

Annapolis, Maryland receives an average of 4.1 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 17.7¢ per kWh from BGE, near the national average, solar provides competitive returns on investment.

A typical 6kW solar system in Annapolis produces approximately 7,183 kWh per year, saving homeowners an estimated $1,271 annually. The system pays for itself in about 10.0 years, after which you enjoy essentially free electricity for the remaining 15+ years of the system's warranty life.

Annapolis has a solar penetration rate of 4.8% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 110 (national average: 100) is near the national average.

Other Cities in Maryland

Frequently Asked Questions

How much do solar panels cost in Annapolis, MD?

The average cost of a 6kW solar panel system in Annapolis is approximately $18,120 before incentives ($3.02/watt). After the 30% federal Investment Tax Credit, the net cost is about $12,684. Maryland SRECs worth $40-$80/MWh; property tax exemption.

How many peak sun hours does Annapolis get?

Annapolis, MD receives an average of 4.1 peak sun hours per day and approximately 177 sunny days per year. This is near the national average, providing good conditions for residential solar panels.

What is the solar payback period in Annapolis?

The average solar payback period in Annapolis is approximately 10 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $19,091.

Does Annapolis have net metering?

Yes, Annapolis has access to net metering through BGE. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Annapolis, MD?

Absolutely. With a 10-year payback period and $19,091 in 25-year savings, solar is an excellent investment in Annapolis. The 30% federal tax credit and above-average electricity rates help make solar financially attractive.

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