The State of Solar in Delaware
At 202 sunny days per year, Delaware’s sunshine is nearly the same as the U.S. average of 205. The state’s energy efficiency policy and program efforts rank it 20th in the nation, according to the American Council for an Energy-Efficient Economy (ACEEE). The portion of Delaware’s buildings viable for solar panels is 80%, which means that the state has ample opportunity to take advantage of solar as a source of clean energy.
Advantages of Going Solar in Delaware
Delaware residents rank 26th among other states for the average retail price of electricity to the residential sector. As of April 2021, statistics from the U.S. Energy Information Administration (EIA) show that residents of Delaware pay an average price of nearly 13 cents per kilowatt-hour, which is in the middle of the range of what other American states pay, on average.
It’s important to know that solar power reduces your bill by however much solar energy your system produces. In addition, solar equipment can last 30 years, saving system owners around $20K in energy costs over 25 years. A few other benefits of converting sunlight to electricity are better air quality, CO2 reduction, and good jobs in an industry poised for growth.
What to Consider When Going Solar in Delaware
In Delaware, homeowners may claim the federal residential solar energy tax credit for new solar systems installed by December 31, 2023.
While Delaware’s electricity costs aren’t the highest, the state receives enough sunshine to make solar a very promising option for residents and businesses alike. Plus, on days when the weather causes a power outage, backup battery storage can provide energy when homeowners need it most.
Across the U.S., solar panel prices have dropped 43% since 2016 and 80% over the last ten years, making a case for solar in Delaware even more exciting. In addition, Delaware has laws, grants, and credits for clean energy, including the Solar Renewable Energy Credits (SRECs) Spot Market.