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Pricing Guidlines
There are several factors that affect your net price for a solar electric system:
- Where you live
- Your utility company
- Characteristics of your property
- The current price of solar system parts
Where you live matters because different states and different counties have different rebates and incentives.
A typical solar electric system in Maryland will cost the home or business owner between $12,000 and $20,000 after rebates and incentives.
A typical solar electric system in Delaware will cost the home or business owner between $10,000 and $15,000 after rebates and incentives.
Return times are roughly the same for recouping your initial investment, as the more expensive system earns more credits and produces more electricity than the smaller one.
Your utility company matters in Delaware because the Delaware grant program is funded through the individual electricity providers.
Saving on your power bill and generating RECs (Renewable Energy Credits) are just a couple of benefits of using solar electricity.
Please select your state for a detailed explanation of financial benefits.