Existing Commercial Solar in Maryland
Answers to what owners ask us most: what you have, what it means for your income, and what you can do next.
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Step 1 of 3 · What you have
What do I actually have?
Most owners don't know much about their system, and that's normal. An address and the utility account are enough to start.
I don't know anything about this system. Can you still look at it?
Yes. That's the normal case. With the address and the utility account, we can find the size, install date and state certification from public records and the utility.
Send us the address →How do I find out how old it is or who installed it?
Check the label on the inverter, your utility's interconnection papers or old SREC statements. Or just send us the address and we'll look it up.
Is it even working?
Many owners don't know. If your electric bill went up and nothing else changed, it probably isn't. The online monitoring can also be down while the system still runs. We buy systems whether they're running or not.
How to tell if it's still performing →Do I own it, or does someone else?
This is the most important early question. With a power purchase agreement (PPA) or lease, another company may own the system and you only host it. If you don't own it, we can't buy it from you, but we may be able to buy it from the owner. Not sure? Contact us and we'll talk it through.
Talk it through with us →Is my Maryland system still earning SRECs?
Existing Maryland systems all earn the same kind of SREC. What matters is whether yours is certified, sending readings, and safe from changes that end net metering.
What are SRECs, and am I still getting them?
SRECs are credits your system earns for the power it makes, which you sell for extra income. Your system earns them if the state certified it and it sends readings to GATS. That's the online system where SRECs are made.
My SREC payments stopped. Why?
Usually one of four things. The system stopped making power, readings stopped reaching GATS, no one is selling the SRECs, or a solar company that owns the system keeps them. Check your GATS account first, or send us the address and we'll look.
Ask us to look →What does certified mean?
The Maryland Public Service Commission (PSC), the state's utility regulator, approves each system to earn SRECs. It gives the system a number, which you need to sign up in GATS.
The PSC's solar certification page ↗What are Certified SRECs?
A newer kind, worth 1.5 times a regular SREC. They are only for systems turned on from July 2024 to January 2028. Those systems are too new for us to buy.
I have SRECs sitting in an account. Are they part of the sale?
They can be. If your account holds unsold SRECs that can still be sold when we close, we'll include their value in your offer. Have your SREC or GATS account information ready, and we'll confirm what's eligible during due diligence. Each Maryland SREC can be used for five years after it's made.
How to check if your system is certified
- Find your PSC certification number. Its records are in the portal on the PSC's solar certification page. You can also email pvsolarapplication.application@maryland.gov.
- Log in to GATS. Your account shows your system and the SRECs it has made. Your installer or SREC broker may have the login. GATS also has a public list of systems.
- Get your utility papers. Your utility signed a grid agreement (an interconnection agreement) when it approved the system. Ask for a copy: BGE, Pepco or Delmarva Power. Others, like Potomac Edison or SMECO, can help by phone.
- Still stuck? Ask us. We look these up all the time. See the documents that help.
Step 2 of 3 · What it means
Why are my Maryland SRECs worth less every year?
By law, the fee that caps SREC prices drops every year until 2030. It was $60 in 2024 and is $45 in 2026. In 2030 it falls to $22.50.
Your panels still save you money on your bill. But the SREC check gets smaller each year, and a 2026 law changes net metering for new systems.
When do my SREC payments end?
We found no set end date for existing systems. The value is what changes. In 2024, SRECs sold for about $58.56 on average.
What happens to net metering in July 2027?
A 2026 law, the RELIEF Act, closes net metering to new systems on July 1, 2027. It may close sooner if a statewide cap is reached. Existing systems keep it as long as they stay as they are.
The RELIEF Act (House Bill 1532) ↗What can end my net metering for good?
Adding power, signing a new grid agreement with your utility, or replacing more than 80% of the panels. Taking the system down for good ends it too.
Can I re-roof or make repairs without losing it?
Yes. The 2026 law says a new roof doesn't count. Neither do normal repairs with similar parts, or fixing storm damage. Ask your utility in writing before you swap inverters.
How to judge a repair quote →What happens to my net metering if I sell to you?
Net metering stays in place. We keep the system net metered, and you pay us the per-kWh rate set in your power agreement. That rate is lower than what the grid charges you. As part of due diligence, we'll confirm exactly what your system gets from your utility today. We also avoid changes that could cost it today's net metering, like replacing most of the panels.
Does the 2 MW limit affect me?
Probably not. Net metering covers systems up to 2 megawatts. Most rooftops are well under that.
More on Maryland: the state's solar gap and the 2025 Baltimore grid scare. Our post on the Affordable Solar Act covers a 2026 bill that did not pass.
Step 3 of 3 · Your options
What are my options with an existing Maryland solar system?
You can keep running it yourself, fix it up, or sell it as-is to a buyer who takes over everything. Here's what owners ask us before they decide.
Are you the right buyer?
Do you buy residential solar?
No. We buy commercial, industrial and institutional systems only: rooftop, ground mount and carport.
Is my system too small or too old?
It needs to be 6 or more years old. On its own, we look for at least 250 kW. That's about a 30,000 sq ft roof, 2 acres of ground mount or 100 carport spaces. There's no upper age limit.
Which systems we buy →I have more than one system. Can you buy them all?
Yes. You can add each one when you get your estimate, up to 7.5 MW in total. You can also pick just the ones you want to sell.
Why would anyone want a broken system?
Because fixing it costs less than building new, and the panels can keep producing for many more years. That's our whole business.
What's it worth, and what do I get?
What will you pay?
You'll get an estimate in about 23 seconds, based on recent market transactions and standard assumptions about systems like yours. A Letter of Intent follows immediately. The final price depends on what due diligence confirms: the system's age and condition, how many years of state incentive income it has left, and the terms of any power contract it has.
Get your estimate →Is the estimate a firm offer?
No. The price can change after our site visit and our review of the papers. Nothing is final until you sign our written offer.
Do I have to pay to remove it?
No. You avoid removal and cleanup costs completely. That's one of the main reasons owners sell.
What if the roof needs replacing?
This comes up a lot. We work out with you who pays for taking the panels off and putting them back, and we do the work.
Are there taxes when I sell?
Talk to your accountant about your own tax picture. We only buy systems after the 5-year federal tax credit (ITC) recapture window has closed, so selling to us won't trigger a recapture of the credit you or a prior owner claimed.
How does it work?
How long does it take?
You get an estimate in seconds and a Letter of Intent immediately. Due diligence moves at your pace: the faster you send us documents and site access, the faster it goes. Closing follows shortly after.
How selling works →My paperwork is a mess. Is that a problem?
No. Sorting it out is part of what we do. Gather what you can: utility bills, any contracts, SREC statements and the installer's name.
Documents that help →Does my bank, landlord or tenant need to sign off?
Often, yes. Loans, liens and lease approvals come up during our review, and we help you work through them.
Do you need to come on site?
Yes. We only buy in the Northeast, within driving distance, so we come and see the system ourselves.
What happens to my maintenance and monitoring contracts?
We take over the contracts that come with the system, including maintenance. If the company is doing good work at a fair price, we usually keep them on.
Why should I trust you?
Our founder has built and run more than 200 solar projects across the Northeast over 15 years.
Meet the team →What happens after I sell?
If the panels stay on my roof, am I still involved?
Only as the host, and on better terms than you have now. We'll put a roof lease and power agreement in place, and you'll pay a fixed per-kWh rate, agreed in that contract, that's lower than what the grid charges you. With utility rates rising, those savings grow over time. We run and maintain the system and pay for it, keeping it safe and secure. You don't manage anything.
Who do I call if something leaks or breaks?
Us. We carry the insurance and the liability.
What if I sell the building later?
We stay on the roof under the lease. That usually makes the sale easier, because a buyer who doesn't want to own solar doesn't have to.
Selling a building with solar on it →We're here to help.
Send us what you know about your system, even if it's just the address. We'll help you work out where you stand, whether or not you sell.
More from the solar guide
Other states we buy in
- New Jersey →Legacy SRECs, TRECs or SREC-IIs, and when each one ends
- New York →Net metering, Phase One or the Value Stack, plus NY-Sun
- Massachusetts →SREC-I, SREC-II or SMART, and what happens when they end
- Washington, DC →SRECs with no end date, and what can cost you certification
- Vermont →Standard Offer contracts or net metering, and when the terms change
- Pennsylvania →Low SREC prices, supplier switching and the Act 44 decommissioning law
Start at the solar guide for the questions every owner has, or see the documents that help when you sell.
What is your system worth?
Get a price range in about 23 seconds, free and with no obligation. A final price depends on the system's condition, contracts and records.
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