Typical home: Worth it

Solar in Olney, MD

With Pepco's electricity at about 23.5¢ per kWh and 1,380 kWh of sun per kW, solar is worth it for a typical Olney home today: about a 8.1-year payback.

Payback, typical home
8.1 yrsMaryland: 8.9 yrs
25-year net
$59,525after paying $21,140
Sun
1,380kWh per kW per year
Electricity
23.5¢31% above U.S. average

A typical Olney home, by the numbers

UtilityPepco
Electricity use833 kWh a month
Best-value system7.2 kW, about 17 panels, 9,937 kWh a year (99% of use)
Cost$21,140
First-year savings$2,262
Payback8.1 years
Exported powerFull retail net metering (Pepco)

Cash purchase, no federal credit, 3.5% yearly rate increases. Run it with your own numbers.

Solar production per kW in Olney

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan89
Feb89
Mar121
Apr133
May135
Jun142
Jul147
Aug136
Sep117
Oct108
Nov89
Dec75

Homes in Olney

Owner-occupied homes
89%
Single-family detached
67%
Median home value
$657k
Median year built
1986
Population
35,797

Census ACS 2020–2024.

Installers working in Olney

Public installation records for Maryland don't name installers, so we can't rank local companies here. Browse installers in Maryland.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Olney

Is solar worth it in Olney, MD?

For a typical home in Olney, solar is worth it at 2026 prices: a 7.2 kW system costs about $21,140 after state incentives, saves about $2,262 in year one and pays back in about 8.1 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Olney?

About 1,380 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% more than the Maryland average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Olney?

Most homes in Olney are served by Pepco, at about 23.5¢ per kWh on average.

How much do solar panels cost in Olney?

A fair cash price is around $2.95 per watt before incentives, so about $21,140 for a 7.2 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.