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What solar incentives are available in Delaware?
As a homeowner in Delaware, you have access to several different tax incentives that make solar panels more affordable. Solar incentives are available at both the federal and state levels to help you save thousands on your investment in solar energy.
Solar Calculator is here to help you take the next step in your transition to renewable energy. Below, we’ll discuss some of the different ways you can make solar more affordable.
Federal solar incentives
As part of the Inflation Reduction Act of 2022, congress passed several clean energy provisions to reduce energy costs. Among those provisions was an extension and upgrade of the Federal Investment Tax Credit (ITC).
Federal Investment Tax Credit
The Federal ITC allows you to claim 30% of your total equipment and installation costs on your federal taxes. There is no minimum or maximum amount you can claim and it includes equipment, installation, permitting, and even battery storage.
The ITC will remain at 30% until December 31, 2032. After that it will be reduced to 26% until December 31, 2033, then to 22% the following year. The ITC is currently set to disappear in 2035 unless it is renewed.
Who is eligible for the Federal ITC?
Most homeowners will qualify for the Federal ITC, but not all. You must meet the following criteria to claim your 30% tax credit:
The Federal ITC will also cover the following expenses:
Homeowners save around $10,000 on average with the Federal ITC. But that number can be higher or lower depending on your total expenses.
How to claim the Federal ITC
Claiming your Federal ITC couldn’t be easier. All you have to do is fill out IRS form 5695 and submit it with your tax return. You can consult with a tax professional for more assistance.
Local solar incentives
Who’s eligible : Investor-Owned Utility, Local Government
How to apply : In July 2009 the Delaware legislature enacted legislation creating energy savings targets for Delaware’s investor-owned, municipal, and cooperative electric utilities, as well the state’s natural gas distribution companies. These targets are hereafter referred to collectively as the Delaware Energy Efficiency Resource Standard or EERS. The law requires affected electric utilities to establish programs which save the equivalent of 15% of 2007 electricity consumption and peak electric demand by 2015. The standard also includes an interim reduction target of 2% of electricity consumption and peak demand by 2011. Affected natural gas utilities are required to save the equivalent of 10% of 2007 natural gas consumption by 2015, with an interim target of 1% by 2011. Energy efficiency is defined to include energy savings resulting from measures or programs that target customer behavior; replace or improve the efficiency of equipment, processes, or devices; or result in reductions in transmission and distribution losses associated with the design and operation of the electric system. Combined heat and power systems and the use of “recycled energy” may also count as sources of energy savings. Utilities are permitted to determine the best way to achieve the energy savings targets and to develop and fund programs towards this end. Based on the recommendations of the EERS Workgroup, the DNREC may establish an energy efficiency charge to fund these programs on customer bills. Any charge must be levied on a per kilowatt-hour (kWh) or per therm basis and may not vary by customer class. In addition, the chosen rate may not result in an average charge greater than $0.58 per month per residential electric customer, or $0.41 per month per residential natural gas customer. Utilities collect and remit any energy efficiency charges to the Delaware Energy Office for deposit into the Sustainable Energy Trust Fund (SETF), with a separate account for each utility. The funds will be used to support activities in the following areas and proportions. 75% to further the goal and activities of the Sustainable Energy Utility (SEU), including energy conservation, energy efficiency, renewable energy and energy financing. 20% to fund the Weatherization Assistance Program 5% to the Delaware Energy Office to cover EERS program costs The EERS Workgroup created by the law has completed a report examining the feasibility and impact of the standard and providing implementation recommendations in June of 2011.
Who’s eligible : State Government
How to apply : In August 2004, Delaware’s governor signed House Bill 435, requiring state agencies to purchase ENERGY STAR qualified products if they are available competitively and within a reasonable time frame, and if they meet appropriate performance standards. Separately, in February 2010 Governor Markell issued Executive Order No. 18, which sets a variety of energy conservation goals and requirements intended to make the state a leader by example in clean energy and sustainability. Under Executive Order No. 18, executive branch state agencies and departments were required to reduce energy consumption by 30% by the end of Fiscal Year (FY) 2015 when compared to FY 2008, with interim targets of 10% by the end of FY 2011 and 20% by the end of FY 2013. The requirement applies to covered entities that occupy either state-owned or state-leased buildings. The order further prescribes a series of energy conservation practices for state employees to follow, such as turning off lights when they are not in use, eliminating the use of portable appliances, following green computing practices, and setting appropriate thermostat settings in different types of facilities. The Office of Management and Budget (OMB), in consultation with the Department of Natural Resources and Environmental Control (DNREC), is required to develop a system for benchmarking, monitoring and tracking energy use and carbon emissions in state-owned and state-leased facilities. The system should ultimately be used to prioritize energy efficiency and distributed renewable energy projects based on energy savings, cost savings and environmental benefits. On-site wind, photovoltaics, and combined heat and power are specifically identified as measures that should be evaluated for implementation, provided that they have a simple payback of 20 years or less. This directive is coupled with a renewable electricity procurement target of 20% by FY 2012 and 30% by FY 2013 for executive branch state agencies, offices, and departments. The order also dictates that new construction and major renovation projects should be designed to meet or exceed the USGBC LEED Silver rating standards, and that third-party certification must be pursued for such projects if it can be accomplished at a reasonable cost. Additional sections of the order address recycling, clean transportation, and environmentally sensitive procurement practices for state government. Through Delaware’s official partnership with ENERGY STAR, signed February 27, 2004, the state offers purchasing and procurement training for schools and government agencies. This partnership also promotes the National Association of Counties (NACo) ENERGY STAR Courthouse Campaign and allows utilities, agencies, and schools to receive an EPA energy performance rating through their energy tracking software.
Who’s eligible : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government, Agricultural, Institutional
How to apply : NOTE: Delaware law (26 Del. C. § 1014) requires the Delaware Public Service Commission (PSC), Delaware Electric Cooperative (DEC), and municipal utilities to develop interconnection rules using as a guide the Interstate Renewable Energy Council's (IREC) model interconnection rules and the U.S. Department of Energy's best practices for interconnection. This entry largely addresses the rules used by Delmarva Power, the state's largest utility. Delmarva Power, Delaware's only investor-owned electric utility, has four basic levels of interconnection based on system size and system type (inverter-based or non-inverter-based). In June 2011 the PSC issued Order No. 7984 approving final revised rules to implement net energy metering pursuant to the requirements of S.B. 267. Order No. 7984 provides, among other things, that Delmarva would file revised tariffs, applicable Interconnection Standards for Generators, and such other forms as may be necessary to comply with Order No. 7984 within 30 days of the July 10, 2011 publication of these final rules in the Delaware Register of Regulations. Effective August 8, 2011, Delmarva's new guidelines apply to interconnections of all types of distributed generation systems of less than 10 MW to the electric distribution system for the utility. Delmarva now utilizes a four-tiered approach to determine the level of review required before a system may be connected to the grid. Different levels of review are subject to specific technical screens, review procedures, and time lines. Generally speaking, the review process becomes more extensive and time consuming with increasing system size. Below are the basic criteria* for determining the level of review required for a prospective project. Level 1: Lab certified, inverter-based systems with a nameplate capacity of 10 kW or less. Level 2: Lab certified or field inverter-based systems with a nameplate capacity of 2 MW or less connected to a radial distribution circuit or to a spot network serving one customer. Alternatively, the system was reviewed and not approved under Level 1. Level 3: Only applies to systems that will not export power to the grid and which do not require new facility construction by the utility. Systems being located on an area network must be inverter-based, use lab certified equipment, and have a nameplate capacity of 50 kW or less. These systems must have an aggregate generation of 5% of an area network's maximum load or 50kW, which ever is less. Systems located on a radial network must have a capacity of 10 MW or less and not be served by a shared transformer. These systems are also subject to additional criteria dealing with the aggregate capacity of interconnected systems on a given network. Level 4: Systems with a nameplate capacity of 10 MW or less that cannot be approved or do not meet the criteria for review under a lower tier. An interconnection request may be eligible for expedited review if small generator facilities use lab certified equipment or field approved interconnection equipment. Lab certified equipment is defined to mean equipment tested and approved by a nationally recognized testing laboratory (NRTL) as being in accordance with IEEE 1547, UL 1741, and the National Electric Code (NEC). Field approved systems are generally non-certified systems that have been tested and approved under a review by a utility over the last 36 months and are subject to certain other restrictions including utility witness tests. All interconnected systems must be equipped with a utility accessible “lockable, visible-break isolation device” or alternately, a “draw-out type circuit breaker with a provision for padlocking at the draw-out position”. This requirement is equivalent to “lockable external disconnect switch” frequently specified in other jurisdictions. Utilities may not charge any processing fees to Level 1 applicants and processing fees are limited to $50 plus $1/kilowatt (kW) of capacity for Level 2 requests and $100 plus $2/kW of capacity for Level 3 and 4 requests. The regulations also contain provisions for dispute resolution, record retention and utility reporting requirements. Additional insurance requirements vary by the Level of interconnection. The Level 1 interconnection agreement specifically states that applicants are not required to obtain general liability insurance as a condition of interconnection approval, however Delmarva does advise its customers to consider obtaining appropriate coverage to cover potential liability. For small generator facilities with a nameplate capacity of 1 MW or above, the customer is required to carry adequate insurance coverage. Section 7 of the interconnection agreement for Levels 2, 3 and 4 requires continuous liability insurance of at least $2 million per occurrence and $4 million in aggregate for systems of 1 MW or larger. Section 7 also specifies that the policy must name the utility as an additional insured party. Delaware Electric Cooperatives Delaware Electric Cooperative's (DEC) interconnection rules use a four-tier system similar to Delmarva's. All systems require lockable external disconnect switches. DEC customers with systems greater than 100 kW are required to carry at least $1 million in liability insurance per occurrence and $1 million in property-loss insurance. Higher amounts of coverage may be required at the discretion of DEC. For more information on the cooperative interconnection rules, see this link. *The general descriptions here are not a comprehensive listing of all testing and review criteria. Please see the actual rules for more details and additional restrictions that may apply.
Who’s eligible : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, Agricultural, Low Income Residential, Institutional
How to apply : The Green Energy Program consists of three separate programs: one for Delmarva Power & Light (DPL), the state's only investor-owned utility; one for the state's municipal utilities; and one for the Delaware Electric Cooperative (DEC). This summary provides incentives available customers of Delmarva Power and Light (DPL). The grants are administered by the DE Energy Office. The investor-owned utility (DPL) program was established as part of The Electric Utility Restructuring Act of 1999, and is supported under Delaware's public benefits program, the Delmarva Power Green Energy Fund. Under the program, incentives are available for the installation of qualifying photovoltaic (PV), solar water heating, wind turbine, and geothermal heat pump systems. The Fund may also be used to support energy efficiency education programs. The program has recently been revised to allow projects financed using third-party power purchase agreements (PPAs). Grant eligibility and terms for PPA projects are determined by the eligibility of the project owner. Grant reservation request forms and interconnection requirements and forms may be downloaded from the Web site shown above. Under the investor-owned program, 40% of rebate funding is available for residential customers and 60% of funding is available for non-residential customers, including energy efficiency education programs.* The total of all grants may not exceed 65% of the total annual revenue collected for the Delmarva Power Green Energy Fund. Incentive terms vary by technology, system size and sector is listed in the summary fields above. All systems must be installed by a participating contractor and carry a full five-year warranty. Beginning December 10, 2010 energy audits will be required for all existing buildings prior to grant approval. In addition, for projects undertaken as part of new construction, the building will have to be Energy Star certified in order to qualify for incentives. For further details on systems that qualify for rebates under this program, see the Green Energy Program Rules. *S.B. 266 signed in July 2010 readjusts this allocation and requires that 60% of the funding support residential programs while 40% goes to non-residential.
Who’s eligible : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government, Agricultural, Institutional
How to apply : Eligibility In Delaware, net metering is available to any customer that generates electricity using solar, wind or hydro resources, anaerobic digesters, or fuel cells capable of being powered by renewable fuels. Grid-interactive electric vehicles are also eligible for net metering treatment for electricity that they put on the grid, although these vehicles do not themselves generate electricity. System size The maximum capacity of a net-metered system is 25 kilowatts (kW) for residential customers; 150 kW for farm customers on residential rates (increased by S.B. 111 of 2023); two megawatts (MW) per meter for non-residential customers of Delmarva Power and Light (DP&L); and 500 kW per meter for non-residential customers of Delaware Electric Co-Op, Inc.(DEC) and municipal utilities. The DEC and municipal utilities are "encouraged" by statute to offer net metering for non-residential customers with eligible systems up to 2 MW in capacity. Systems must be intended primarily to offset all or part of a customer's electricity requirements. It is important to note that while state law requires the DEC and municipal utilities to offer net metering under certain terms, the administrative rules adopted by order of the Delaware Public Service Commission (PSC) only apply to DP&L. Utilities are authorized to disallow additional net-metered energy systems if the aggregate capacity of all net-metered systems exceeds 8% (S.B. 298 of 2022 increased this from 5% to 8%) of the capacity necessary to meet the electric utility's aggregated customer monthly peak demand for a particular calendar year. Net-excess generation: All customer classes are credited for excess generation equal to the sum of the volumetric energy (kWh) components of the delivery service charges and supply service charges, explicitly excluding any societal benefits or non-volumetric charges, for any net excess generation (NEG) in a billing period. NEG is carried over to subsequent billing periods to offset a customer's consumption in those billing periods until all credits are used or at least until the end of a 12-month annual period. In essence, NEG is carried over to the customer's next bill at the utility's retail rate. The default annual period begins during the month in which the system is interconnected, but the customer is permitted to change the period once in order to better utilize excess generation. An exception to retail crediting exists for certain community-owned systems (i.e., those with multiple subscribers). Subscribers to the output of a community-owned system that is located behind a customer meter or as a stand-alone facility only receive retail credit if they are located on the same distribution feeder as the facility. Those that are not on the same distribution feeder only receive credit at the wholesale energy supply rate. At the end of a customer-generator's annualized period, any remaining excess generation credits revert to the utility and the customer receives no compensation. Customer-generators may change their annualized period once to better utilize credits they generate. Customers retain ownership of renewable-energy credits (RECs) associated with electricity produced and consumed by the customer. Meter aggregation: Delaware expanded the state's net-metering policy with S.B. 267 to allow customers to aggregate individual meters, to participate in net-metering via a subscribers "sharing a unique set of interests" to community-owned system or and aggregation of a customer's multiple accounts, to allow net-metering systems to provide up to 110% of a customers' expected aggregate electricity consumption, extending net-metering to leased and third party owned systems, and for single or aggregation of a customer's multiple accounts, and extending net-metering to fuel cells as well as renewable energy fuel cells for community-owned systems. History: Net metering was expanded significantly in July 2007 by S.B. 8, which extended net metering to all customer classes, added biogas and fuel cells as eligible technologies, addressed the ownership of RECs, and increased the prior individual system limit of 25 kW, among other changes. The law was significantly amended by S.B. 85 in 2009 to extend net metering to farm service customers on residential rates; remove provisions requiring annual forfeiture of net excess generation (NEG); revise language relating to ownership of renewable energy credits produced by net metered systems; and, to expand the aggregate program capacity limit from 1% of Electric Supplier's aggregated customer monthly peak demand to 5% of Electric Supplier's aggregated customer monthly peak demand. Separately, S.B. 153 enacted in September 2009 extends net metering to the owner of a grid-integrated electric vehicle. Rules incorporating these changes were adopted by PSC Order No. 7698 in December 2009. In 2023, S.B. 54 ended the utility payout requirement for excess generation after an annualized period, reverting excess kWh back to the utility and, effective January 1, 2024, excess generation credit values are set to the volumetric supply and distribution service charges for all customers. S.B. 111 in 2023 increased the cap for farm net metering applications from 100 to 150 kW.
Can you claim multiple tax incentives in Delaware?
Yes. You are allowed to claim multiple solar incentives for the same installation. However, you can only claim each incentive once. For more guidance on how to claim your solar tax incentives, talk to your installer or consult with a licensed tax professional before submitting your tax forms.
Does Delaware offer tax exemptions?
Energy Efficiency Resource Standard
Category : Regulatory Policy
Website : https://dnrec.delaware.gov/climate-coastal-energy/efficiency/energy-efficiency-advisory-council/
Applicable Sectors : Investor-Owned Utility, Local Government
Incentive Amount :
Implementing Sector : State
Energy Standards for Public Buildings
Category : Regulatory Policy
Website :
Applicable Sectors : State Government
Incentive Amount :
Implementing Sector : State
Public Benefits Fund
Category : Regulatory Policy
Website : http://www.demecinc.net/
Applicable Sectors : Commercial, Industrial, Local Government, Residential, Low Income Residential
Incentive Amount :
Implementing Sector : Utility
Category : Regulatory Policy
Website : https://www.delaware.coop/
Applicable Sectors : Commercial, Industrial, Nonprofit, Residential, Agricultural
Incentive Amount :
Implementing Sector : Utility
Category : Regulatory Policy
Website : https://www.energizedelaware.org/about-us/
Applicable Sectors : Commercial, Industrial, Nonprofit, Residential, Schools, Agricultural, Institutional
Incentive Amount :
Implementing Sector : State
Category : Regulatory Policy
Website : https://www.delmarva.com/WaysToSave/ForYourHome/Pages/DE/DelawareGreenEnergyProgram.aspx
Applicable Sectors : Commercial, Industrial, Investor-Owned Utility, Municipal Utilities, Residential, Cooperative Utilities, Institutional
Incentive Amount :
Implementing Sector : State
Interconnection
Category : Regulatory Policy
Website : https://www.delmarva.com/smart-energy/my-green-power-connection/developers-contractors/applying-for-interconnection/how-to-apply
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government, Agricultural, Institutional
Incentive Amount :
Implementing Sector : State
Rebate Program
Category : Financial Incentive
Website : http://www.efficiencysmart.org/
Applicable Sectors : Residential
Incentive Amount : Select Clothes Washer: $50 Select Clothes Dryer: $50 Window Air Conditioners: $50 Central Air Conditioners: $100 ENERGY STAR Refrigerator: $50 Dehumidifier: $30 Air Purifier: $20 Select Cold Climate Air Source Heat Pumps: $350 - $750 Select Air Source Heat Pumps: $100 Heat Pump Water Heaters: $300 Pool Pump: $250 (above-ground) or $500 (in-ground) Smart Thermostat: $100
Implementing Sector : Utility
Category : Financial Incentive
Website : http://www.efficiencysmart.org/
Applicable Sectors : Commercial, Industrial, Federal Government
Incentive Amount : Contact Efficiency Smart
Implementing Sector : Utility
Category : Financial Incentive
Website : https://www.demecinc.net/municipal-green-energy-grants/
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, Agricultural, Institutional
Incentive Amount : See summary below
Implementing Sector : Utility
Category : Financial Incentive
Website : https://dnrec.alpha.delaware.gov/energy-climate/renewable/assistance/
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, Agricultural, Low Income Residential, Institutional
Incentive Amount : Solar PV Residential: $0.70/W Residenital Leased/PPA systems: Not eligible Non-Residential: $0.70/W Certified Diverse Business: $0.80/W Non-Profit: $0.85/W Wind Residential: $0.85/W for first 5 kW, $0.25/W up to 50 kW Non-Residential: $0.85/W for first 5 kW, $0.25/W up to 50 kW Non-Profit: $1.75/W for first 5 kW, $1.00/W up to 50 kW Solar Water Heating (SWH) Residential: $1/kWh saved Non-Residential: $1/kWh saved Non-Profit: $2/kWh saved GeoThermal Heat Pumps Residential: $800/ton (first 2 tons), $700/ton (over 2 tons) Non-Residential: $800/ton (first 2 tons), $700/ton (over 2 tons) Non-Profit: $1,000/ton (first 2 tons), $800/ton (over 2 tons)
Implementing Sector : State
Category : Financial Incentive
Website : https://www.energizedelaware.org/residential/home-performance-with-energy-star/homeowners/
Applicable Sectors : Residential, Multifamily Residential, Low Income Residential
Incentive Amount : Home Energy Assessment: $50 co-pay (capped at $400) Home Energy Assessment (Income-Qualified): $25 co-pay (capped at $450) Weatherization Measures Air Sealing: up to $1,200 to $2,100 Duct Sealing: up to $650 to $950 Attic Insulation: up to $1,100 to $1,500 Wall Insulation (min 50% of walls): $2,000 to $2,600 Insulated Siding/Sheathing (min 50% of walls): $1,200 to $1,500. See web page for other qualifying measures HVAC and Water Heating Heat Pump (based on Tier and Capacity): $1,000 to $2,500. Mini-Split Heat Pump: $600 - $1,800 Central AC (Based on Tier and Capacity): $800 to $2,000. Furnace: $500 to $1,300 Boiler: $1,000 to $1,400 Heat Pump Water Heater: $1,200 to $1,500 Natural Gas/Propane Tankless Domestic Water Heater: $500 to $1,000 Smart Thermostat: $200 - $250, Hybrid Heat Pump & Furnace System: $1,750 to $3,650
Implementing Sector : State
Category : Financial Incentive
Website : https://www.delaware.coop/btp
Applicable Sectors : Residential
Incentive Amount : One-time $100 bill credit and an additional $5 monthly bill credit
Implementing Sector : Utility
Category : Financial Incentive
Website : https://dnrec.alpha.delaware.gov/climate-coastal-energy/clean-transportation/ev-charging-equipment-rebates/
Applicable Sectors : Commercial, Local Government, Nonprofit, State Government, Multifamily Residential
Incentive Amount : Commercially-Owned Public Access, Workplaces, and Fleets: 60% of cost, up to $2,500 for a single port station and $5,000 for a dual port station Government and Nonprofit-Owned Public Access, Workplaces, and Fleets: 80% of cost, up to $2,500 for a single port station and $5,000 for a dual port station Multifamily Dwellings: 75% of cost (90% in Priority Areas), up to $3,500 for a single port station and $7,000 for a dual port station
Implementing Sector : State
Category : Financial Incentive
Website : https://dnrec.alpha.delaware.gov/climate-coastal-energy/clean-transportation/vehicle-rebates/
Applicable Sectors : Commercial, Local Government, Residential, Schools, State Government
Incentive Amount : Battery Electric Vehicles: $2,500 Plug-in Hybrid Vehicles: $1,000 Dedicated Propane/Natural Gas Vehicles: $1,500 New Bi-Fuel Propane/Natural Gas Vehicles: $1,350
Implementing Sector : State
Category : Financial Incentive
Website : https://www.delaware.coop/energy-savings-programs/solar-interconnections-grants
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, Agricultural, Institutional
Incentive Amount : PV: Class A and Class B: $0.50 for first 5kW, $0.20 after 5kW Non-Profit: $1.05 for first 5kW, $0.52 after 5kW Solar Thermal (water and radiant space heating), 20% of installed costs Wind: $0.85/W Fuel Cells: 20% of installed costs Geothermal Heat Pumps: $700 - $800 per ton (varies by size)
Implementing Sector : Utility
Net Metering
Category : Regulatory Policy
Website : http://depsc.delaware.gov/electric.shtml
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government, Agricultural, Institutional
Incentive Amount :
Implementing Sector : State
Solar Access Law/Guideline
Category : Regulatory Policy
Website : https://delcode.delaware.gov/title16/c076/index.html
Applicable Sectors : Commercial
Incentive Amount :
Implementing Sector : State
Renewables Portfolio Standard
Category : Regulatory Policy
Website : https://depsc.delaware.gov/delawares-renewable-portfolio-standard-green-power-products/
Applicable Sectors : Investor-Owned Utility, Local Government, Retail Supplier
Incentive Amount :
Implementing Sector : State
Solar/Wind Access Policy
Category : Regulatory Policy
Website :
Applicable Sectors : Residential
Incentive Amount :
Implementing Sector : State
Loan Program
Category : Financial Incentive
Website : https://www.energizedelaware.org/nonresidential/business/low-interest-commercial-loan/
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Schools, State Government, Federal Government, Tribal Government, Agricultural, Institutional
Incentive Amount :
Implementing Sector : State
Category : Financial Incentive
Website : https://www.energizedelaware.org/residential/home-performance-with-energy-star/home-energy-efficiency-loan-program/
Applicable Sectors : Residential
Incentive Amount :
Implementing Sector : State
Category : Financial Incentive
Website : https://www.energizedelaware.org/energize-delaware-farm-program
Applicable Sectors : Agricultural
Incentive Amount :
Implementing Sector : State
Category : Financial Incentive
Website : https://greengrantdelaware.com/home-energy-efficiency/
Applicable Sectors : Residential
Incentive Amount :
Implementing Sector : State
Solar/Wind Permitting Standards
Category : Regulatory Policy
Website : https://dnrec.alpha.delaware.gov/climate-coastal-energy/renewable/offshore-wind/
Applicable Sectors : Residential
Incentive Amount :
Implementing Sector : State
Generation Disclosure
Category : Regulatory Policy
Website : https://depsc.delaware.gov/customer-electric-choice/
Applicable Sectors : Investor-Owned Utility, Municipal Utilities, Cooperative Utilities
Incentive Amount :
Implementing Sector : State
Building Energy Code
Category : Regulatory Policy
Website : https://www.energycodes.gov/status/states/delaware
Applicable Sectors : Commercial, Residential
Incentive Amount :
Implementing Sector : State
Solar Renewable Energy Credit Program
Category : Financial Incentive
Website : http://www.srecdelaware.com/
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, Agricultural, Multifamily Residential
Incentive Amount : Market bid price for the first 10 years, $35 for the next 10 years.
Implementing Sector : State
Category : Financial Incentive
Website : https://srecdelaware.com/
Applicable Sectors : Residential, Multifamily Residential, Low Income Residential
Incentive Amount : The results of the 2022 SRECDelaware auction will be announced after the solicitation closes. Sign up for email announcements on the website to be notified of any announcements regarding the procurement.
Implementing Sector : State
Category : Financial Incentive
Website : http://depsc.delaware.gov/delrps.shtml
Applicable Sectors : Commercial, Industrial, Nonprofit, Residential, Schools, Agricultural, Multifamily Residential, Low Income Residential, Integrators
Incentive Amount : Varies based on market conditions; as of October 2014 the SRECs were trading at approximately $55 per MWh in SREC marketplace.
Implementing Sector : State
Community Solar Rules
Category : Regulatory Policy
Website : https://depsc.delaware.gov/community-energy-facilities/
Applicable Sectors : Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Agricultural, Multifamily Residential, Low Income Residential
Incentive Amount :
Implementing Sector : State
What is the best way to pay for solar?
Cash payments
Paying cash upfront is easily the simplest and most cost-effective route — if you can afford it. It lets you maximize your total savings by avoiding interest rates and other fees. You also don’t have to worry about making monthly payments. But the downside is you have to spend a lot of cash at once which isn’t an option for everyone.
Pros
Cons
Financing
Financing solar panels is probably the most common payment method. You get to own the system — as opposed to leasing — but you don’t have to spend all your cash at once. And although you do have to pay interest, you can secure a fairly low interest rate as long you have good credit.
Pros
Cons
Solar leases and PPA agreements
If purchasing solar equipment isn’t an option for you, a lease or a PPA may be worth exploring. This is where you are essentially “renting” the equipment for a fixed rate each month. And although you don’t have ownership of your system, there are other benefits such as maintenance and servicing agreements.
Pros
Cons
Going solar doesn’t have to break the bank
Going solar is becoming more affordable than ever. And thanks to a variety of solar incentives in Delaware, you can save thousands more on your investment.
Want to get an idea for what it will cost you to go solar? You can use our solar cost calculator to generate a customized estimate instantly. We take into consideration a wide range of criteria including location, electric bill, roof size, and other factors. Try it out today and start planning for your future.
