GOING SOLAR IN THE FIRST STATE
Why go solar in Delaware
Not only does Delaware ensure you can get net metering, but both large utility companies in the state offer some kind of incentive. Delaware is also one of the few states that offers Renewable Energy Certificates (SRECs), another opportunity to get paid for the energy you produce. Right now may be the perfect time to go solar in Delaware!
Solar incentives in Delaware*
Delaware is one of the few states who participate in a Solar Renewable Energy Certificates (SRECs) program. You can sell your SRECs to participating utilities. This is on top of Delaware’s Net Metering programs that also allow you to sell excess energy to your utility at the retail rate. Delmarva Power is currently offering a Green Energy Grant, $1,000 incentive for qualified customers.
Delaware homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.
Solar panels perform in all kinds of weather
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
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*This information is current as of May 5, 2021 and figures are approximate. Customers are encouraged to check with their local utility providers for the most up to date and accurate information.
**We advise you to consult with the appropriate professionals (including, but not limited to, your solicitor or attorney, accountant, CPA, CGA, or any other financial or legal advisor) for the implications of any information contained in our website and in any link you access through our website.
***You should contact a qualified tax expert and consult with them. Neither Freedom Forever’s family of independent authorized dealers nor Freedom Forever itself can give you tax advice. A qualified tax professional will understand your situation and be able to give you the most relevant advice.