Solar Savings Calculator for Wilmington, DE
Homeowners in Wilmington 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
16.2¢/kWh
Electricity Rate
4.4h/day
Peak Sun Hours
$46,016
Est. 25-Year Savings
Calculate Your Savings in Wilmington
Adjust Your Details for Wilmington, DE
$
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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 Wilmington, 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 Wilmington
Utility & Permits
- Utility Company
- Delmarva Power
- Permit Cost
- $350
- Permit Timeline
- 3-5 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 Wilmington, 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.
Delaware SREC Program
Solar Renewable Energy Credits through Delmarva Power.
Other Cities in Delaware
More Solar Tools for Wilmington
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