Solar Incentives in Waldorf, MD
Complete guide to solar tax credits, rebates, and incentive programs available to Waldorf homeowners in 2026.
Federal Solar Investment Tax Credit (ITC)
30% of total system cost
Waldorf homeowners can deduct 30% of the cost of installing a solar energy system from their federal taxes. This applies to all qualified solar installations in Waldorf, MD.
Maryland State Solar Incentives for Waldorf Homeowners
Maryland Solar Renewable Energy Credits (SRECs)
SRECMaryland has one of the strongest SREC markets in the country. Solar system owners earn one SREC per MWh of solar production.
Residential Clean Energy Grant
RebateMaryland offers grants for residential solar installations through the Maryland Energy Administration.
Property Tax Exemption
Property TaxSolar energy systems are exempt from property tax increases in Maryland.
Sales Tax Exemption
Sales TaxSolar energy equipment is exempt from Maryland's 6% sales tax.
Net Metering in Waldorf, MD
Maryland offers net metering at the full retail rate for residential solar systems. Customers receive credits for excess generation that can roll over month to month.
Solar Renewable Energy Credits (SRECs) in Waldorf
Maryland has a robust SREC market driven by the state's Renewable Portfolio Standard. Solar system owners earn one SREC per MWh of production, providing significant ongoing income.
Average SREC Price: $50-$80 per SREC
Tax Exemptions in Waldorf
How to Claim Solar Incentives in Waldorf
- Install your solar system: Work with a qualified Waldorf solar installer to design and install your system.
- Claim the federal ITC: File IRS Form 5695 with your federal tax return to claim the 30% tax credit.
- Apply for state programs: Contact your Maryland energy office or local Waldorf utility to apply for available incentives.
- Set up net metering: Contact your utility in Waldorf to set up net metering and start earning credits.
- Keep records: Save all receipts, contracts, and permits for tax filing and warranty purposes.
Solar Incentives FAQ - Waldorf, MD
Waldorf homeowners can take advantage of the 30% federal solar tax credit, plus 4 state-level incentive programs, net metering, and SRECs. These incentives can reduce your total solar cost by 30-50%.
The 30% federal tax credit alone can save Waldorf homeowners approximately $5.4k on a typical system. Combined with Maryland state programs and SREC income, total savings over 25 years can reach $38k or more.
Maryland offers net metering at the full retail rate for residential solar systems. Customers receive credits for excess generation that can roll over month to month.
To claim the 30% federal ITC, Waldorf homeowners need to file IRS Form 5695 with their annual tax return. The credit applies to the full cost of your solar system including equipment and installation. You must own the system (not lease it) to claim the credit.
Get Your Free Solar Quote
No obligation • Compare top installers
Solar Incentives in Other Maryland Cities
Start Saving with Solar Today
Join thousands of homeowners who've switched to clean energy
Get Your Free Quote