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Sample Pricing for a 4.8kW PV System in MD:
Sample System Cost Installed | $30,000 |
Value of MD Grant: (0-2kW x $1.25, 2-8kW x $0.75, 8-20kW x $0.25) | ($4,600) |
Value of Local Property Tax Credit: (Howard, Montgomery & PG = $5,000) (Anne Arundel & Harford = $2,500) |
($5,000) |
Value of Fed'l tax credit (30% of gross): | ($9,000) |
Net cost after Federal, State, Local Incentives |
$11,400 |
Savings Projected over 5 Years |
($7,258)* |
Estimated 5yr Energy offset: (Total kWh/yr (@ $0.16 x 5yrs) |
($4,800)** |
Est. Net cost of system after 5 years: |
$658 |
**Annual number of SREC earned may vary by state and costs are based on 5 year contract with Sol Systems.
**Energy offset amount may vary by individual site or system design and do not include future rate hikes.
groSolar will walk you through all of the utility and incentive paperwork. Now is the time to go solar. Can you afford NOT to go solar?
"I contacted several companies and groSolar was the only company that would reliably respond to my calls without making me jump through several hoops. From the first time I talked to them they were clear and handled everything with professionalism." Cynthia Katzman Bowlby
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