More people have begun to gradually transform to solar as the electricity rates in Maryland go up once again in 2026. The benefits of solar are numerous but installing residential solar is not affordable for everyone. So what could one do in such a situation? What if you didn’t want to pay a fortune for expensive solar panels, yet wish to enjoy solar energy?
With community solar projects, you can now access solar power without having to break the bank. No more need to bear the entire solar installation cost on your own. Here’s a look at how joining a community solar in Maryland can save you both money and space.
How Does Community Solar Work?
Taking part in a community solar project is simple and straightforward. You may simply sign up with a solar farm or even contribute to the installation of solar panel arrays. These are built with communal funding, so you don’t have to bear the costs alone unlike with residential solar. A solar farm can produce massive amounts of energy, sufficient to power every house in the locality. The regular solar setups in most homes cannot often produce as much power as a community solar array.
Solar farms send the clean energy generated from the solar panels into the main electricity grid. Using solar decreases your dependency on orthodox energy, thereby reducing your utility costs. After subscribing to a community solar, you may start to receive utility credits for your share in the project. These credits can be used to further repay your electricity bills.
How Can Community Solar Help Save Money in Maryland?
Maryland faces successive utility rate hikes once again this year, with around 5% to 25% rise in electricity prices. This has prompted many to switch over to solar energy to cut down on expenses. Community solar, with its ample energy generation and affordability, has turned out to be the best option for many. Shared solar farms cost significantly less for individual residents, and can be set up on a fairly sized piece of land. This saves lots of space on roofs and yards of homes in the locality.
Community solar projects can also apply for tax incentives. Even after the cancellation of federal tax credit on residential solar this year, incentives like state-level grants and exemptions are still available. The Maryland Solar Access Program provides a grant of $750 per kW up to a maximum of $7500 for low-to-moderate income households. All residents subscribed to a solar project are rewarded with credits for the excess solar energy sent to the main electricity grid. The discounted utility bills after using these credits can save you some bucks.
Few Final Words
If you’re a homeowner in Maryland looking for available solar options, this might be the best time to join a community solar. Enjoy solar power without the trouble of installing solar panels in your home. With Solar Brokers USA, get easy solar panel installation for your local community solar project.