2018 Delaware Solar Panel Incentives

An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group.

2018 delaware solar panel incentives. Keep in mind that the federal government currently offers a 30 tax credit for the whole installed cost of your system. The tax break reduces. Delaware is a state with lots of sunshine and laws that are hugely favorable for solar power. Grant applications must use the green grant delaware online application system.

As a result you can reduce the net cost of your solar panel system by anywhere from 26 to 50 percent. The delaware electric cooperative dec provides incentives for solar photovoltaic pv solar thermal wind fuel cells and geothermal installed by dec member owners. Delaware department of natural resources and environmental control. There are limited funds available for renewable grants and demand is high.

That s a strong move. If you are approved for a solar grant it may take up to two years to receive the grant payment. Residents and businesses can learn more about local options through qualified installers and energize delaware a service from sustainable energy utility seu a non profit organization created by delaware in 2007 that has information about sustainable energy options and incentives to make it easier for folks to go solar renewable and energy. Eligibility is limited to systems that are intended to supply on site energy needs.

To encourage the continued expansion of solar governments utilities and other organizations offer solar tax breaks and financial incentives to make solar more accessible for today s homeowners. The utility will pay 0 55 per watt of solar generating capacity up to 5kw and 0 20 w beyond 5kw. Incentives are available to both residential and non residential member owners generally up. These grants are only open to customers of delmarva power.

Rebate values will be reduced as more homeowners install solar so confirm the current value of the incentive with your utility. Delaware solar and renewable energy incentives delaware is a great solar state. Delmarva power offers grants to offset the installed cost of photovoltaic solar water heating wind and geothermal renewable energy technologies. Delaware s municipal utilities provide incentives for solar photovoltaic pv solar thermal wind geothermal and fuel cell systems installed by their electric customers.

This works out to about 500 annually over the 20 years. Delaware has carved out 3 5 of it s ambitious state renewable energy standard to come from distributed solar generation like panels on your rooftop. Delaware electric cooperative green energy program incentives.