Is solar worth it in 20901 (Silver Spring, MD)?

With an average payback period of 11.4 years and 25-year savings of $31,550, solar panels in Silver Spring, Maryland are a solid investment.

How much do solar panels cost in 20901?

The average cost of a 6kW residential solar system in Silver Spring, Maryland is $14,400 before incentives. The federal 30% Investment Tax Credit reduces this to about $10,080.

How much solar electricity does 20901 get?

Silver Spring receives 4.56 kWh/m²/day of solar irradiance. A 6kW system in zip code 20901 produces approximately 7,989 kWh per year.

Solar Panel ROI in 20901

Silver Spring, Maryland — Is solar worth it here? Here's what the data says.

2.2x ROI Score

11.4 yrs Payback Period

$1,262/yr Annual Savings

$31,550 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,262

Payback 11.4 yrs

25-yr savings $31,550

Solar Calculator for 20901 (Silver Spring)

Adjust values to see your personalized solar ROI estimate for Silver Spring, Maryland.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.56 kWh/m²/day

Based on NREL data for Silver Spring, MD

ROI Score 2.2x

Annual Production 7,989 kWh

Annual Savings $1,262

Payback Period 11.4 years

25-Year Savings $31,550

After 30% ITC $10,080

Solar Data for 20901 – Silver Spring, MD

Solar Irradiance 4.56 kWh/m²/day -8.1% vs national avg

vs Maryland Avg +0% State avg: 4.91 kWh/m²/day

Electricity Rate $0.158/kWh Maryland average rate

Annual Production 7,989 kWh 6kW system estimate

Silver Spring's 4.56 kWh/m²/day is 8.1% below the national average. At $0.158/kWh, the 11.4-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for Silver Spring, Maryland

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,400 system, that's $4,320 back.

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Net Metering

Most Maryland utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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Maryland State Programs

Check with the Maryland energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Silver Spring.

20901 vs Maryland Average

Solar Irradiance

20901: 4.56 MD avg: 4.91

Payback Period

20901: 11.4 yrs MD avg: 10.9 yrs

Annual Savings

20901: $1,262 MD avg: $1,317

25-Year Savings

20901: $31,550 MD avg: $32,925

See the full Maryland solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

20912 Takoma Park, MD 2.2x ROI 11.4 yr payback 20906 Silver Spring, MD 2.2x ROI 11.4 yr payback 20705 Beltsville, MD 2.2x ROI 11.4 yr payback 22301 Alexandria, VA 1.9x ROI 13.2 yr payback 22314 Alexandria, VA 1.9x ROI 13.2 yr payback