Solar Savings Calculator for Bear, DE

Homeowners in Bear pay an average of $142/month for electricity through Delmarva Power. With 4.4 peak sun hours per day, solar panels can significantly reduce your energy costs.

$142
Avg Monthly Bill
16¢/kWh
Electricity Rate
4.4h/day
Peak Sun Hours
$46,016
Est. 25-Year Savings

Calculate Your Savings in Bear

Adjust Your Details for Bear, DE

$
$50$1,000
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Your Estimated Solar Savings

System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$19,040
Federal Tax Credit (30%)
-$5,712
Net Cost
$13,328
Annual Savings
$1,704
Payback Period
7.8 years
25-Year Savings
$46,016
Return on Investment
345%

* Estimates based on 4.4 peak sun hours/day in Bear, DE, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Bear

Utility & Permits

Utility Company
Delmarva Power
Permit Cost
$300
Permit Timeline
2-4 weeks
Net Metering
full

System Estimates

Recommended Size
6.8 kW
Panel Count
17 panels
Gross Cost
$19,040
Net Cost (after credits)
$13,328

Available Incentives for Bear, DE

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Delaware SREC Program

Solar Renewable Energy Credits through Delmarva Power.

$15-40 per SREC

Other Cities in Delaware

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