Hyattsville, MD Solar: 2026 Costs, Incentives & Savings
Solar Power in Hyattsville
If you live in Hyattsville, MD, you’ve likely watched your electricity bill climb year after year. With Maryland electricity prices rising 37% from 2020 to 2024, more homeowners along Route 1 and throughout Prince George’s County are exploring ways to take control of their energy costs. Solar power offers a practical path forward.
Maryland ranks 10th in the nation for residential solar installations, so you’re in good company. Drawing on years of experience, we’ve created this guide to walk you through solar installation in Hyattsville, from how it works to what to expect. To start with the basics, explore our guide on home solar panels.
MARYLAND by the Numbers
- 10th Most residential solar in the United States
- 100 Households have installed solar panels
- 4.8 Avg peak sun hours per day
- ~$92k Hyattsville average savings over 25 years
How Much Do Solar Panels Cost in Hyattsville, MD?
See real solar installation costs for Hyattsville, built from our firsthand data across neighborhoods like University Hills, Riverdale Park, Chillum, and Lewisdale. This calculator uses actual local installs—not estimates—so you get a clear, honest picture of what solar could cost for your home.
System Size
This system size is designed to offset approximately 100% of the average electricity usage for a home of this size in Maryland.
Recommended System
- 10.25 kW
Your Monthly Payment
- Estimated monthly cost with LightReach: $124/mo
Cost Breakdown
Your estimated investment
- System Cost: $29,165
- Price per Watt: $2.85
- Final Cost: $29,165
Savings
Your total financial benefit
- Monthly Savings: Average utility bill reduction: $209
- Payback Period: Break-even point: 10.0 years
- 25-Year Savings: $91,642
Key Takeaways
- Maryland electricity prices jumped 37% from 2020 to 2024, so installing solar in Hyattsville can help you lock in predictable energy costs and lower your monthly bills.
- Hyattsville homeowners can save around $92,000 over 25 years with solar, thanks to strong sunlight and Maryland’s state and local incentives.
- Leasing through LightReach means no upfront cost, since Palmetto owns and maintains the system while passing savings to you through low monthly payments.
Hyattsville Electricity Prices
Electricity costs in Hyattsville keep climbing. Understanding these trends can help you make smarter decisions about powering your Prince George’s County home.
Maryland’s residential electricity rates rose from 13.1 cents per kWh in 2021 to 17.9 cents in 2024. That’s a 37% increase in just three years, outpacing the national average.
Solar panel installation offers a way to reduce reliance on the grid. By generating your own power, many Hyattsville homeowners lower their monthly bills and gain more predictability against rising utility rates.
Price of Energy: Maryland vs National Average
| Year | Maryland | US Average |
|---|---|---|
| 2021 | 13.1¢ | |
| 2022 | 15.0¢ | |
| 2023 | 16.0¢ | |
| 2024 | 17.9¢ |
Source: US Bureau of Labor Statistics, Energy Information Administration, Form 861
Hyattsville Area Utility Providers
In Hyattsville, MD, most homes get electricity from Pepco or SMECO. In 2023 (the latest data available), Pepco charged about 18.2¢ per kWh, while SMECO charged about 14.1¢ per kWh. Higher rates mean bigger bills over time.
Hyattsville Utilities Electricity Rates
| Provider | Price (¢/kWh) | Change |
|---|---|---|
| Pepco | 18.20¢ | +14% |
| SMECO | 14.10¢ | -12% |
| MD Average | 16.60¢ | +4% |
| US Average | 16.0¢ | — |
Source: US Energy Information Administration, 2023, Form 861, Table 6
Maryland Solar Incentives
Several state and local programs help lower the cost of going solar in Hyattsville. Explore the full list of solar incentives in Maryland below.
Maryland exempts solar equipment from sales and property taxes, and the Maryland Solar Access Program offers rebates.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Maryland Solar Access Program (MSAP) | Rebate | A state grant providing $750 per kilowatt of installed solar capacity, up to $7,500, for income-eligible Maryland homeowners. | Learn More |
| Maryland Solar Access Bridge Fund | Rebate | A state grant program designed to replace the financial value of the expired federal Residential Clean Energy Credit for qualifying Maryland homeowners who install solar. | Learn More |
| Maryland Residential and Commercial Energy Storage (RCES) Grant Program | Rebate | A state grant covering up to 30% of installed costs or $5,000 (residential) for grid-connected battery energy storage systems. | Learn More |
| Maryland Sales Tax Exemption for Solar Equipment | Sales Tax Exemption | Maryland exempts all solar energy equipment from the state’s 6% sales and use tax. | Learn More |
| Maryland Property Tax Exemption for Solar Energy Equipment | Property Tax Exemption | Maryland provides a 100% statewide property tax exemption on the added home value from solar panel installations. | Learn More |
| Maryland Community Solar Program | Rebate | Maryland’s permanent Community Solar Program allows residents to subscribe to a share of an off-site solar array and receive utility bill credits. | Learn More |
| Prince George’s County Alternative Energy Tax Credit | Tax Credit | Prince George’s County offers a local tax credit of up to $5,000 for the installation of solar energy devices. |
Ready to start saving with solar?
Speak with a Palmetto solar expert to find out exactly how much you can save with Maryland incentives.
Hyattsville Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Understanding how seasons affect your solar system helps set realistic expectations for your investment.
Solar Production in Hyattsville by Month
System Size: 5 kW, 7 kW, 10 kW
| Season | Approx. Daily Production | 10 kW System Powering |
|---|---|---|
| Summer | 46.8 kWh/day | - 3.1 average homes |
| - Run central AC for 15 hours | ||
| - Fully charge 4.7 Tesla Model 3 EVs | ||
| Winter | 25.2 kWh/day | - 1.7 average homes |
| - Keep your home heating system running for 12 hours | ||
| - Fully charge 2.5 Tesla Model 3 EVs | ||
| Annual | 13,715 kWh/year | - Offset 10 tons of CO2 emissions |
| - Equal the environmental benefit of planting 165 trees |
Leasing Solar Panels
In Hyattsville, homeowners served by Pepco and SMECO can go solar through a Power Purchase Agreement (PPA) with Palmetto’s LightReach program. With a PPA, you simply agree to buy the power your panels produce at a set, predictable rate per kilowatt-hour, often lower than your utility’s price.
Frequently Asked Questions
Does Hyattsville, MD have net metering?
Yes, Hyattsville, MD has net metering. Homeowners served by Pepco and SMECO earn 1:1 credits for the excess solar energy their panels send to the grid.
Do solar panels increase your home value in Hyattsville, MD?
Yes. When you own your solar panels, they can raise your Hyattsville home’s value. A Zillow study found homes with solar sell for about 4.1% more. Maryland also exempts that added value from property taxes.
How much does it cost to go solar in Hyattsville, MD?
Leasing through LightReach generally starts at around $124 per month, while purchased systems run about $29,165 for a medium home.
What solar incentives are available in Hyattsville, MD?
Hyattsville homeowners can access several state and local solar incentives. Maryland exempts solar equipment from sales tax and property tax, and offers rebate programs and more to enhance the financial viability of solar.