Solar Savings Calculator for Smyrna, DE

Homeowners in Smyrna pay an average of $135/month for electricity through Delmarva Power. With 4.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$135
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$43,874
Est. 25-Year Savings

Calculate Your Savings in Smyrna

Adjust Your Details for Smyrna, DE

$
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50¢

Your Estimated Solar Savings

System Size
6.4 kW
Panel Count
16 panels
Total System Cost
$17,920
Federal Tax Credit (30%)
-$5,376
Net Cost
$12,544
Annual Savings
$1,620
Payback Period
7.7 years
25-Year Savings
$43,874
Return on Investment
350%

* Estimates based on 4.5 peak sun hours/day in Smyrna, 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 Smyrna

Utility & Permits

Utility Company
Delmarva Power
Permit Cost
$275
Permit Timeline
2-3 weeks
Net Metering
full

System Estimates

Recommended Size
6.4 kW
Panel Count
16 panels
Gross Cost
$17,920
Net Cost (after credits)
$12,544

Available Incentives for Smyrna, 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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