![]() This is one of the reasons why more than 8,000 Delaware homeowners decided to go solar and use the net metering from their utility provider to avoid the high costs of a solar battery. With the current electricity price in Delaware, most residents who decide to go for solar and offset at least 75% of their energy usage can expect to save at least $34,000, depending on their electricity usage, utility company, and the solar installation initial investment.Īs it only takes around 7-10 years to pay back the solar panels, all power generated after this is clean energy that is also free. Local incentives and federal solar incentives (mostly in the form of tax credits) increase solar energy potential and ensure more capacity can be brought online year after year. Yet another reason behind the success of solar panels is the low cost of solar installation and very little maintenance. Now, the average price per kW of installed solar capacity is only $2.40, much lower than installing new coal thermal plants, natural gas plants, or even wind turbines. With a relatively low investment of $12,000 to $17,000 for a 5 kWh system (enough for most households), the interest for solar energy is only likely to go up in the upcoming years.Īs the price of solar panels has dropped by three-fourths in the past decade, the interest and availability of solar panels have increased. Together with other renewable energy sources, the need to streamline the entire process of installing solar and keeping financial incentives is stronger than ever. The solar energy potential is much higher and can power the majority of the country. ![]() Solar energy in Delaware can power more than 20,000 homes. With only 5% of Delaware’s electricity coming from solar, there is a lot of room to expand, so you would not make a mistake to jump the train early on and secure an energy-independent future and low to null electric bills. ![]() With over 8,000 small and large-scale solar projects, the solar energy potential is just being tapped into. Delaware Solar Energy Dataĭelaware currently ranks 41st in the US by the total solar energy capacity that is installed in the state. Let’s dive right in to learn more about renewable energy prospects in the Diamond state. The rest is sitting back, relaxing, and enjoying while your solar panels power your AC and other appliances. Depending on how much energy you consume, you should hire a professional to design your solar panel system. Over 35 solar power companies mean a lot of competition and a race to who will offer the best possible conditions at the lowest possible price. A good solar panel system in this state is backed by significant Delaware solar incentives, a variety of solar panels to choose from, and every solar installation is done by professionals who will help you enjoy the benefits of solar energy as soon as possible. With 202 sunny days a year and an average electric rate of $0.1179, Delaware is the perfect state for you to go solar. This means that solar panels in the Diamond state are now more affordable than ever. Delaware solar energy system prices have fallen around 75% in the past ten years. ![]()
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