Solar ROI for Baltimore Gas & Electric (BGE) Customers
Baltimore Gas & Electric (BGE) charges an average of $15.8¢/kWh. Peak rates reach $21.5¢/kWh with off-peak at $10.8¢/kWh, creating strong battery arbitrage value. A 7 kW solar system produces a $8,768 NPV over 25 years.
Baltimore Gas & Electric (BGE) Rate Structure
| Parameter | Rate |
|---|---|
| Average residential rate | $15.8¢/kWh |
| Peak rate | $21.5¢/kWh |
| Off-peak rate | $10.8¢/kWh |
| Peak/off-peak spread | $10.7¢/kWh |
| Rate structure | TOU |
| Export credit policy | 1:1 net metering at retail rate |
Solar System Economics
A 7 kW solar system for a Baltimore Gas & Electric (BGE) customer costs $19,950 before incentives. The 30% federal ITC saves $5,985. The net out-of-pocket cost is $13,965.
At Baltimore Gas & Electric (BGE)'s $15.8¢/kWh average rate, the system saves $1,416 in year one, producing 8,960 kWh. The solar LCOE of $0.161/kWh is -2% below Baltimore Gas & Electric (BGE)'s current rate.
Battery Storage for Baltimore Gas & Electric (BGE) Customers
Baltimore Gas & Electric (BGE)'s TOU spread generates $356/year in arbitrage value. The 25-year battery NPV of -$6,124 suggests batteries are marginal on economics alone. Backup power value and grid services programs may improve the case.
FAQ: Solar for Baltimore Gas & Electric (BGE) Customers
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What is Baltimore Gas & Electric (BGE)'s rate structure?
Does Baltimore Gas & Electric (BGE) offer net metering?
Should Baltimore Gas & Electric (BGE) customers add battery storage?
Other Utilities in Maryland
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