Delaware offers moderate solar economics with Delmarva Power's service area and decent electricity rates supporting solar adoption.
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Delaware provides solid solar fundamentals: With 14¢/kWh electricity rates and 4.2 daily peak sun hours, the First State offers reasonable conditions for solar adoption. Delmarva Power serves most residential customers.
For Wilmington and Dover area residents, solar systems typically pay for themselves in 9-11 years, helped by decent electricity rates and moderate installation costs.
| Incentive | Amount | Status |
|---|---|---|
| Federal ITC | 30% of system cost | Active |
| Delmarva Power Net Metering | Full retail credit | Active |
| Property Tax Exemption | Not available | None |
| Green Energy Program | SREC market | Limited |
| System size | Gross cost | After ITC | Annual savings | Payback |
|---|---|---|---|---|
| 6 kW | $17,700 | $12,390 | ~$1,300/yr | ~9.5 years |
| 8 kW | $23,600 | $16,520 | ~$1,730/yr | ~9.5 years |