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Solar Panel Cost in Smyrna, Delaware

Local pricing, savings, and net metering data for Smyrna homeowners.

$1,460
Annual Savings
12.9 yrs
Payback Period
$18,763
Net Cost
$31,107
25-Year Savings

Cost & Savings Breakdown

Based on $150/month electric bill in Smyrna

System Size
9.1 kW
Annual Production
11,967 kWh
Gross System Cost
$28,233
Federal Tax Credit (30%)
-$8,470
State Incentive
-$1,000
Net Cost
$18,763
Monthly Savings
$122
CO₂ Offset/yr
11,010 lbs

25-Year Savings Projection

-$17k-$5k$7k$19k$31kBreakeven yr 12$31kyr 1yr 5yr 10yr 15yr 20yr 25

Utility & Net Metering

Local UtilityDelmarva Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit110% of annual consumption
Electricity Rate$0.122/kWh
Peak Sun Hours4.5 hrs/day

Available Incentives

30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Delaware State IncentiveDelaware offers a Solar Renewable Energy Credit (SREC) program.
View all Delaware incentives →

Common Questions

How much does solar cost in Smyrna?

Solar in Smyrna, Delaware costs approximately $28,233 for a 9.1 kW system. After the 30% federal tax credit, your net cost is about $18,763.

What is the solar payback period in Smyrna?

The estimated payback period for solar in Smyrna is 12.9 years, based on a $150/month electric bill and local sun hours of 4.5 hrs/day.

Does Delmarva Power offer net metering?

Delmarva Power offers Full Retail net metering. Full retail rate.

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