Estimated Savings for a Typical Delaware Home
Based on a $150/month electric bill
System Size
8.2 kW
Gross Cost
$25,527
Federal Credit
-$7,658
State Incentive
-$1,000
Net Cost
$16,869
Annual Savings
$1,460
Payback Period
11.6 yrs
25-Year Savings
$33,001
CO₂ Offset/yr
9,733 lbs
Delaware Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$1,000
Delaware State Incentive
Delaware offers a Solar Renewable Energy Credit (SREC) program.
Net Metering Policy: Full Retail
Top utility in Delaware: Delmarva Power. View full incentives detail →
Solar Costs by City in Delaware
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Wilmington | $1,460 | 10.1 | 70,166 | Delmarva Power |
| Dover | $1,460 | 11.5 | 38,079 | Delmarva Power |
| Newark | $1,460 | 11.9 | 33,398 | Delmarva Power |
| Middletown | $1,460 | 10.1 | 22,605 | Delmarva Power |
| Milford | $1,460 | 11.6 | 12,228 | Delmarva Power |
| Smyrna | $1,460 | 12.9 | 12,075 | Delmarva Power |
| Seaford | $1,460 | 12.5 | 8,184 | Delmarva Power |
| Georgetown | $1,460 | 10.1 | 7,298 | Delmarva Power |
| Elsmere | $1,460 | 13.4 | 6,131 | Delmarva Power |
| New Castle | $1,460 | 11.7 | 5,285 | Delmarva Power |
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Quick Facts: Delaware
- ⚡ Avg rate: $0.138/kWh
- 🌞 Peak sun: 4.4 hrs/day
- 🏭 Top utility: Delmarva Power
- 📋 Net metering: Full Retail