Solar Panels Cost 6.6k-15k in Dover Base Housing CDP, DE | October, 2024

Solar Panels Cost $6.6k-$15k in Dover Base Housing CDP, DE | October, 2024

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How much do solar panels cost in Dover Base Housing CDP, DE in 2024?

In Dover Base Housing CDP, DE, the price per watt for solar panel installations is around $3.18 per watt in October, 2024.

Put another way, solar panels will cost you $3,180 per 1 kW (or 1000 watts) of generation capacity. After subtracting the 30% federal tax credit, a 5 kW panel install in Dover Base Housing CDP typically costs $11,130. Subject to your energy usage, you might require a larger system.

To the left,choose your area to see the average roof size and the average maximum capacity of residential solar for homes in your county. You can review the costs, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Dover Base Housing CDP: $11,130US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Dover Base Housing CDP: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Dover Base Housing CDP: $13,711US Average: $15,784

Solar Potential in Dover Base Housing CDP

Estimated system size and solar electricity production per median viable roof in
Dover Base Housing CDP.

Roof size 626sq. ft.
Capacity 8.75kW DC
Electricity 10.7kkWh AC per yr.

Electricity Costs in Dover Base Housing CDP, DE & What that Means for Your Solar Panel Pricing

With an average monthly usage of 812 kWh, Dover Base Housing CDP citizens see electric bills around $123.38 each month. This number also encompasses data from apartments and other smaller homes, which typically require lower energy requirements.

The electricity rate per kWh in Dover Base Housing CDP, DE for October 2024 is 15.2¢.

In Dover Base Housing CDP, average users need a system size of 7 kW or greater to fully account for all of their power demands. Currently, a 7 kW solar system will initially set you back around $22,260, but the 30% tax credit lowers the cost to $15,582.

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Average solar panel costs by system size in Dover Base Housing CDP

Displayed below and to the left, you can find a thorough pricing structure for various solar panel system sizes set up in Dover Base Housing CDP. When you select a bigger solar system, the cost is higher, but it also results in higher electricity savings and a more substantial income tax credit.

Using the solar panel cost calculator situated down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $123.38 in Dover Base Housing CDP. Modify the $123.38 to your usual electricity bill payment for results that are tailored to you.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $682 a year
Est. Price
$6,678
Savings from a 3kWthis system
  • Est. yearly production 4,547 kWh
  • Est. monthly savings $57
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.08 tons a year
  • Equivalent to planting 96 trees a year
  • Equivalent to driving 5,159 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $909 a year
Est. Price
$8,904
Savings from a 4kWthis system
  • Est. yearly production 6,063 kWh
  • Est. monthly savings $76
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.78 tons a year
  • Equivalent to planting 128 trees a year
  • Equivalent to driving 6,879 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,137 a year
Est. Price
$11,130
Savings from a 5kWthis system
  • Est. yearly production 7,579 kWh
  • Est. monthly savings $95
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.47 tons a year
  • Equivalent to planting 160 trees a year
  • Equivalent to driving 8,599 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,364 a year
Est. Price
$13,356
Savings from a 6kWthis system
  • Est. yearly production 9,095 kWh
  • Est. monthly savings $114
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.17 tons a year
  • Equivalent to planting 191 trees a year
  • Equivalent to driving 10,319 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,592 a year
Est. Price
$15,582
Savings from a 7kWthis system
  • Est. yearly production 10,610 kWh
  • Est. monthly savings $123
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 4.51 tons a year
  • Equivalent to planting 207 trees a year
  • Equivalent to driving 11,165 mi less a year

Dover Base Housing CDP Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their solar or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Wondering if you fit this category? Check your eligibility with our REAP Grant eligibility tool.

The federal government offers a 30% tax credit for residential solar systems, which makes solar appealing and sensible for a wide range of homeowners. There are also a range of state and local programs aimed at enhancing solar energy use.

Several utilities and government bodies in Delaware currently offer 15 solar rebates and incentives.

Solar incentives in DE

Green Grant- Solar Hot Water and Geothermal program

Value:Up to $200,000

The Green Grant Delaware incentive program is co-administered by the Delaware Sustainable Utility and Department of Natural Resources. The program incentivizes commercial, industrial, and nonprofit customers anywhere in the state to install solar thermal or geothermal energy devices. Interested customers must apply online through the program website. Applicants must answer certain technical questions and submit planning documents for DESEU's review. Once the project is approved, construction may begin. Rebates will be awarded upon project completion at a rate proportional to the customer's estimated cost savings.

DEMEC Member Utilities - Green Energy Program Incentives

Value:Up to $7,500

Residential and commercial customers in the city of Newark may be entitled to a financial incentive upon installing a solar PV/thermal, wind, geothermal, or fuel cell energy system. Rebate amounts are based on system type and rated capacity up to a maximum threshold, and will add to net metering credits the customer may receive through using their system. To qualify for the incentive, the system must be installed by a certified contractor and carry a satisfactory warranty term. Restrictions on shade and panel orientation also apply. Additional information is available on the DEMEC website.

Delmarva Power - Green Energy Program Incentives

Value:Up to $6,000

Residential and commercial Delmarva (DPL) customers may be entitled to a rebate upon installing a solar PV or thermal system, small turbine, or heat pump. The rebate will vary depending on the type of system, its rated capacity, and the type of property the owner has. To qualify, customers must undergo a pre-installation energy audit, use a DPL certified contractor for installation, and ensure their system has at least a five-year warranty. New residential or commercial buildings may also be eligible for the incentive, provided the facility meets ENERGY STAR certification standards. Incentives will be awarded until funding runs out for the year. Further information is available from the Delmarva website.

Sustainable Energy Utility (SEU) - Revolving Loan Fund

Value:Varies

The Delaware Sustainable Utility (DESEU) manages a Revolving Loan Fund to provide financial assistance to businesses and public entities making energy efficiency capital improvements. The borrower may use loan funds before and during installation of their new equipment. Eligible projects and services include any procedures required to bring the property up to code in preparation for improvements. Contracting services funded by an RLF loan must meet proper licensure and labor standards. For applicants, credit checks, bank references, and energy audits may apply. Additional information is available through the Energize Delaware website.

Delmarva - Green Energy Fund

Value:Varies

Delaware's Green Energy Fund was created alongside the state's renewable portfolio standard in 1999. Electric utilities in the state may contribute to the fund or establish their own similar fund in lieu of participating in the RPS; the current required contribution is $0.178 per megawatt hour sold in or transmitted through Delaware. Contributions to the Green Energy Fund support research in and procurement of energy efficiency solutions. Delaware also has energy public benefits funds supported by state utilities. Around $2.6 million per year from the fund supports energy efficiency and renewable energy adoption programs, with $800,000 per year supporting programs targeted at low-income customers. Additional information can be found on Delmarva Power's website as they are the most significant contributor to each fund.

Delaware Municipal Electric Corporation - Green Energy Fund

Value:Varies

DEMEC, an alliance of nine local utilities in Delaware, elected to create their own Green Energy Funds in lieu of participating in the state fund or renewable portfolio standard. Each of the cities of Dover, Newark, Middletown, New Castle, Smyrna, Seaford, Clayton, Milford, and Lewes has an individual fund supported by a tariff on customer energy bills. In Dover, Milford, and Newark, funding currently supports a variety of incentive programs for renewable energy adoption. Central DEMEC policies dictate that cities cannot access other local funds. Incentive programs or other initiatives may therefore have stricter financial or practical limitations through the fiscal year. Additional information is available on the DEMEC website.

Net Metering

Value:Varies

Utilities in the state of Delaware participate in net metering arrangements with their distributed renewable energy customers. Most solar PV, wind, hydroelectric, or fuel cell system qualifies, as well as some electric vehicles sending energy back to the grid. Capacity limits for residential customers are 25 kW; for farms, 100 kW; for non-residential DEC/municipal customers, 500 kW; and for non-residential Delmarva customers, 2 MW. Participating customers agree to sell their net excess generation (NEG) back to the utility. They may choose to be paid an annual lump sum or receive regular bill credits at a variable rate. Under the monthly option, should generation exceed consumption for a cycle, the NEG credits will carry over to the next one. Any unclaimed credits will be paid directly to the customer at the end of the year. "Virtual net metering" arrangements are intended for customers using a community renewable microgrid. The utility will compensate subscribers for combined NEG at a wholesale rate. Additional information is available from the DEPSC website.

Sustainable Electric Utility (SEU)- SREC Purchase Program

Value:Varies

Any Delaware resident with a solar PV system that commenced operation after August 2014 may be entitled to sell their renewable credits to the Sustainable Energy Utility if they are not already under such an arrangement. The purchase program is a part of Delaware's "open auction" for SRECs and operates in spot markets. Participants will agree to a 20-year contract in which the state will reimburse them $55 per credit. Each SREC is equal to about one megawatt hour of energy. Certain new PV systems may qualify to enter a contract if they were constructed through the Green Grant Delaware program. Additional information is available from the program website.

Renewables Portfolio Standard

Value:Varies

Beginning with S.B. 74, the state of Delaware has established a Renewable Portfolio Standard for itself. The standard has been renewed and expanded each time it was set to expire. Under current law, one quarter of the state's energy must come from renewable sources by 2025. Compliance is measured using Renewable Energy Credits (RECs) pegged to a certain dollar amount. All electric utilities operating within state lines are required to purchase RECs from their customers toward the standard and produce annual compliance reports. Credits are valid for three years after they are acquired. Utilities may opt out of participation in the standard if they contribute to the state's Green Energy Fund (GEF) or establish an RPS program and GEF of their own. Additional information is available on the Delaware Public Service Commission website.

Delaware Electric Cooperative - Green Energy Program Incentives

Value:Varies

Through their own Green Energy Fund, the Delaware Electric Cooperative awards rebates to members installing on-site solar, wind, fuel cell, or geothermal energy equipment. Applications will be open until funding runs out for the year. For program purposes, equipment under rebate is divided into two tiers based on average annual consumption: Class A and Class B. A customer's rebate amount will vary depending on which tier their system is sorted into and the type of technology involved. To qualify, customers must use a participating DEC installation contractor and meet minimum warranty requirements. They may also need to undergo a pre-installation energy audit. Additional information is available on the DEC websit

Solar Renewable Energy Credits (SRECs) Spot Market Program

Value:Varies

Users of solar, wind, biomass, and hydroelectric power systems in Delaware generate renewable energy credits (RECs). For solar power, one SREC equals one megawatt hour and is priced at roughly $55. Utilities must purchase these credits to go toward the state's renewable portfolio standard or pay an alternative compliance fee. Renewable generation system owners within certain localities may sell their SRECs to utilities on an open "spot market" for as long as their generation equipment is in proper working order. Interested Delawareans may certify their equipment with the Delaware Public Service Commission to access the GATS bidirectional metering and credit commerce system. Additional information is available on the DEPSC website.

Sustainable Energy Utility

Value:Varies

Energize Delaware is an initiative managed by the state's Sustainable Energy Utility and created in 2007. The program is not a PACE program, but it operates on similar "open market" principles. Any utility customer, no matter their type or needs, may make use of the program to obtain incentives when they adopt renewable energy solutions. The full breadth of advisory, procurement, and installation services are available through Energize Delaware. Many of the current programs target residential renewable energy with an emphasis on solar PV and thermal systems. Additional information is available on the program website.

Interconnection Guidelines

Value:Varies

Multiple Delaware regulators have issued standardized rules for interconnecting power systems on a distributed grid. While required standards vary between utilities, most regulations currently apply to the Delmarva and DEC grids. Regulations are divided into four tiers based on a generation system's size and technology. As rated capacity increases, interconnection application review turnaround will lengthen and administrative fees become more expensive. Certain expedited review processes may apply for small systems using internationally certified equipment. Any interconnected system must have breakers, break isolators, and disconnect switches for safety. Owners must also obtain a minimum system warranty and sufficient liability insurance. Additional information is available from the DNREC website.

Delaware Electric Cooperative - Green Energy Fund

Value:Varies

The Delaware Electric Cooperative was one of several utilities to opt out of the state's Green Energy Fund and renewable portfolio standard. In lieu of either program, the cooperative instead manages its own fund worth about $206,000 per year. This fund is supported by a tariff on customer energy bills. Funding typically supports distributed generation initiatives and rebate programs incentivizing customers to adopt renewable energy. Programs will vary from time to time, and they may have stricter financial or practical limitations due to a smaller annual budget. Additional information is available on the cooperative website.

SREC Procurement Program

Value:Varies

The Solar Renewable Energy Certificate (SREC) Procurement Program sets the process by which Delaware can create a market for the exchange of SRECs. The policy creates a conduit for solar energy generators to procure SRECs based on the size of the system. Generators apply through a bidding process to receive the certificates through new projects only. Applicants receive interconnection with the main utility grid to allow for the exchange of power for SRECs. Generators that use state-approved labor resources receive a 10 percent bonus.

Are solar panels worth it in Delaware?

When you intend to live in your home beyond the payback period of your solar system, solar panels are an clear choice in Dover Base Housing CDP. A 5 kW solar system in Dover Base Housing CDP, DE might save you an average of $18,481.2 over 20 years, with the break even point usually being 8 years.

The cost of not having solar panels in Dover Base Housing CDP, DE

Beyond missing out on the savings, the absence of solar panels or another backup energy source leads to full dependence on your electric utility for your power needs. Recent news coverage has revealed that total dependence on your utility company isn't always the most favorable scenario.

On average, customers in Kent County have experienced 0.85 utility outages per year in recent times. The average duration of each outage is 67.1 minutes. During severe events like vandalism, overloaded power grids or wildfires, these times can grow significantly longer.

A solar panel system could reduce the inconvenience of future outages, even if it lacks a backup battery.

Power Outages

Currently, 0 customers are being tracked in Kent County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Dover Base Housing CDP, DE?

Your Energy Needs - Even if the initial expense is higher, the price per watt drops with larger solar panel systems. Many consumers realize it's a good idea to set up a solar system that can generate enough power to offset their electric bill, because it helps them save more money.

Make & Model - Solar panels come in a range of makes and models. Because the installer might have specific brand preferences, it's essential to select a recommended installer. The selection of superior models can greatly enhance the long-term experience for buyers.

Solar Panel Type - For numerous good reasons, monocrystalline panels are now the standard in the industry. Even with a higher cost, this technology generate more energy. The majority of installers choose panels made using this material.

Your Property - Each property and home is one of a kind. Sloped land, trees, or other barriers can increase the difficulty of installing solar panels. These days, solar installers frequently utilize satellite images to evaluate your home and incorporate these considerations into the first cost estimate.

Labor Rates - The wages employees are paid from their employers are different, and these expenses are transferred to the consumers. It is frequent for companies that provide higher wages to receive better reviews for their work and customer service.

Permitting & Interconnection - Installation costs will be influenced by varying local permitting and utility interconnection fees, depending on the region. Reliable local installers will incorporate these figures into your first estimates to eliminate any surprises.

Go Solar for less than your cell phone bill.

Who are the best solar installers in Dover Base Housing CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Paradise Energy Solutions

Paradise CDP, PA(877) 851-9269

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Reparation of solar arrays.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Solar Energy World

Elkridge CDP, MD(866) 856-4580

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

KW Solar Solutions

Elkton, MD(302) 838-8400

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Green Street Solar

Selbyville, DE(302) 297-8174

Services

  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Lumina Solar

Baltimore, MD(800) 971-6118

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

American Sentry Solar

Bel Air, MD(800) 823-0555

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of batteries.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Dover Base Housing CDP, DE Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Dover Base Housing CDP, DE as of October, 2024 is $3.18/W. A 5 kW solar panel system will cost you around $11,130 in Dover Base Housing CDP, DE after the federal tax credit is applied.
  • Right now, Delaware has 15 rebates and incentives available through a variety of utility companies and government entities. Additionally, the vast majority qualify for the 30% federal tax credit.
  • Although paying in cash provides the most savings, several financing options for solar panels now exist that are cost-effective. Initial quotes from installers will frequently detail information about available financing options.
  • Yes, homeowners in Dover Base Housing CDP, DE generally see a payback time of 8 years for 5 kW solar panel systems, with electricity savings averaging $18,481.2 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01