Stop renting electricity,
it's time to OWN your power!
TAX CREDIT & INCENTIVES
The Federal Investment Tax Credit (ITC) lets you claim 30% of the cost of your Solar System. If you get a new roof within a year of going solar, you can use BOTH the cost of the new roof and the cost of the solar system to claim the 30% Federal tax credit!
There are further State and County incentives depending on where you live.
In Maryland; there is no sales tax applied to your solar system, your solar system is exempt from real property taxes, and local counties including Baltimore, Harford, Prince George's, and Anne Arundel offers local property tax credits as well.
Solar Renewable Energy Credits (SREC's) represent the positive environmental benefits of energy produced through solar. One SREC is created each time a solar system produces one megawatt hour (or 1000 kWh). These SREC's are then sold through auctions on the open market. SREC values as of March 2023 are as follows;
Maryland $58, Pennsylvania $47, Virginia $60, and D.C. $405
A 10 kW Solar System produces about 12 SREC's each year
WHY GO SOLAR?
Save the Planet
Going solar reduces greenhouse gas emissions by using renewable energy from the sun instead of burning fossil fuels, which are a major contributor to climate change. Solar power also reduces water usage, as traditional power plants require large amounts of water for cooling.
Solar Systems generate electricity from the sun at no cost, reducing the reliance on traditional and more expensive electricity sources. Solar Systems have a long lifespan and require minimal maintenance, reducing the need for costly repairs and replacements.
OWN your Power
By going solar you generate your own electricity! Reduce your dependence on non-renewable energy, promote sustainability, and save money.
It's time to STOP renting, and
start OWNING your power!