Green Street Solar offers three residential packages for Delaware residents.

Our most popular package, the Tucson, costs most Delaware residents $13,200 after incentives and produces +/- $2,500 worth of savings per year!

The modules (panels) are under warranty for 25 years, so imagine all of the money you will save!

 

Incentives & Rebates for Buying a Residential Solar System and Solar Installation in Delaware

In Delaware, there are rebates available for most homeowners and business owners. Depending on the utility company they use, they can expect to be eligible for a rebate of up to 33.3% for their solar electric system.

Green Street Solar takes care of the application process and even will allow for the customer to receive their panels prior to the grant money being refunded.

This rebate is called the Delaware Green Energy Fund. Details can be found by clicking here.

In addition to the 33.3% refund that Delaware gives homeowners, the Federal Government offers a 30% tax credit.

When you combine these two programs, you are eligible for up to 60% off of your total system price!

Please ask your tax advisor how you can apply your 30% credit.

Financial Benefits of Owning a Solar Electric System

Once you have purchased your solar electric system, you can start reaping the financial benefits!

Your utility company must pay you full value for the electricity you produce. You can offset your bill all the way to nothing!

Your utility company is not required to pay you for power you create in excess of your electric use.

In addition, there is a market for Renewable Energy Credits (RECs). Green Street Solar arranges to have these sold on your behalf at no additional charge.

For a typical system that costs a homeowner $12,000 after incentives, a homeowner can expect approximately $2,000 per year in electric savings and REC proceeds!

Electricity prices have risen at over 6% annually over the past 30 years. Should this trend continue, what is currently a $2,000 savings can become much larger over time!

Business owners can apply accelerated depreciation to the system!

Also keep in mind that your savings are “pre-tax” savings, meaning that you are saving money that would normally have been taxed before you spend it.

*Note: The REC market is constantly changing. Green Street Solar will strive to keep its customers aware of current policies affecting their RECs.

 
 
Contact us for more information: 1-800-834-5196