Cost & Savings Breakdown
Based on $150/month electric bill in Elsmere
System Size
9.5 kW
Annual Production
12,167 kWh
Gross System Cost
$29,356
Federal Tax Credit (30%)
-$8,807
State Incentive
-$1,000
Net Cost
$19,549
Monthly Savings
$122
CO₂ Offset/yr
11,193 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityDelmarva Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit110% of annual consumption
Electricity Rate$0.120/kWh
Peak Sun Hours4.4 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Delaware State Incentive — Delaware offers a Solar Renewable Energy Credit (SREC) program.
Common Questions
How much does solar cost in Elsmere?
Solar in Elsmere, Delaware costs approximately $29,356 for a 9.5 kW system. After the 30% federal tax credit, your net cost is about $19,549.
What is the solar payback period in Elsmere?
The estimated payback period for solar in Elsmere is 13.4 years, based on a $150/month electric bill and local sun hours of 4.4 hrs/day.
Does Delmarva Power offer net metering?
Delmarva Power offers Full Retail net metering. Full retail rate.