Delmarva Power Offers Incentives For Going Solar in Delaware
As if you needed another reason to go solar…
As part of Delaware’s Green Energy Program, the electric utility company Delmarva is offering incentives to get Delaware residents to invest in solar energy. These incentives consist of grants for residential, non-residential, and nonprofit customers who install solar panels on their property. The rebates are meant to offset the cost of installation and encourage residents to make a lifestyle change that will both benefit the entire community and save users in utility costs over time.
Delaware residents who opt to have a 50 kW photovoltaic (PV) system installed could receive a $15,000 rebate. Non-residential customers have a maximum rebate of $24,000, and non-profits that go solar could receive a $48,000 rebate. Additionally, these systems pay for themselves in decreased energy bills and increased home value.
Many of Delmarva’s competitors, such as DEMEC, have recently put their own grant programs on hold or ended them altogether, making Delmarva your prime choice for solar energy.
In addition to these grants, you could be entitled to federal tax credits. Taxpayers can claim 30% of qualified expenditures for the system, including equipment and labor costs. Currently, there is no maximum credit for solar-electric systems installed before 2016. You can even apply any excess credits toward taxes the following year. After combining these tax credits with Delmarva’s rebates, now is the best time to go solar in Delaware.
TerraSol Energies is a Delaware Green Energy Approved Contractor, and we provide turnkey system installations meaning we design and install the system as well as complete all the paperwork for your rebate application, interconnection with Delmarva, and any necessary permits! Before your application can be accepted, you must have a certified professional complete a Home Energy Audit. TerraSol Energies includes the required home energy audit for no added charge as part of any project we complete in Delaware.
New Castle County solar customers can get started on a project today with TerraSol’s free site consultation. Find out if your property is a good candidate for solar panel installation. We don’t hard sell, we educate our customers so you can make an informed decision about a solar project for your home and business. The #1 reason to choose TerraSol Energies is because we take pride in our work and are committed to providing you, our customer, the highest quality solar project.