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Commercial Solar Incentives in Delaware

This material has been prepared for informational purposes only. Greentech Renewables does not provide tax, legal, or accounting advice. Information displayed is not project-specific and will require an official written proposal by a certified installer. 

Delaware's high electricity rates make it a great state for solar, and there are several solar incentives that can reduce solar system project costs for commercial businesses. 

Delaware Solar Incentives

SREC Delaware Program

The State of Delaware offers the SREC Delaware Program for commercial businesses and ag producers to sell solar renewable energy credits to Delmarva Power so it can meet state mandated renewable energy goals. One SREC is generated for every megawatt hour (MWh), or 1,000 kilowatt hours (kWh), of electricity generated by your solar system. 

Utility Provider Commercial Rebates

Delmarva Power, Delaware Electric Cooperative, and Delaware Municipal Electric Corporation commercial customers can apply for their utility's renewable energy rebate program to help offset the cost of installing renewable energy systems, including solar systems. 

Delaware Net Metering 

Delaware's net metering program is available to any customer who generates electricity with their solar system. Through this program, you can receive credit for any excess energy your business' solar panels generate to use towards future utility bills, which significantly reduces or even eliminates your monthly bill if your system generates enough energy. 

Installers discussing panel designs

Fill out our interest form to get connected with one of our trusted installers and find out which regional solar incentives you may qualify for! 

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Delaware Commercial Installation Projects

32.5 kW Waverly School Solar Project in Baltimore, MD

32.5 kW Waverly School Solar Project in Baltimore, MD

Domino Sugars Baltimore, MD 35 kW Project

Domino Sugars Baltimore, MD 35 kW Project

550kW Community Solar Project in Lexington, VA

550kW Community Solar Project in Lexington, VA

11.5kW Commercial Project in Washington, DC

11.5kW Commercial Project in Washington, DC

Federal Incentives Available in DE

Business owners could take advantage of several federal solar incentives in combination with Delaware's existing programs. These combined incentives can substantially lower the cost of installing a solar system.

Business Energy Investment Tax Credit (ITC)

The business Energy Investment Tax Credit program allows businesses to claim 30% of their solar system costs as a federal tax credit. Additional tax credits are available depending on the district. 

Connect with a local installer to find out if you qualify for additional tax credits. 

Renewable Electricity Production Tax Credit (PTC)

Business owners in Delaware may take advantage of the federal renewable electricity production tax credit (PTC). This provides an inflation-adjusted per-kilowatt-hour (kWh) tax credit for electricity generated by qualifying energy sources. Projects under 1 megawatt (MW) can receive 1.5 to 2.75 cents/kWh depending on the type of facility. Projects over 1 MW will receive a base tax credit of 0.5 cents/kWh.

Keep in mind that solar project owners cannot claim both the ITC and PTC for the same property. Discuss with a solar installer to understand which tax credit incentive you should claim for your solar system.

Modified Accelerated Cost-Recovery System (MACRS)

Delaware business owners can take advantage of the Modified Accelerated Cost Recovery System (MACRS). This program allows business owners to recover some of the costs of solar panel installation through a five-year MACRS schedule.

Delaware Commercial Property-Assessed Clean Energy (C-PACE)

C-PACE is a financing program that allows approved commercial property owners to borrow money to pay for energy improvements without a large upfront cost coming out of the business' pocket.

Rural Energy for America Program (REAP Grant) 

The USDA's "Rural Energy for America Program," or “REAP,” offers a grant to cover 50% of commercial solar system costs to encourage agricultural and rural businesses to maximize their energy efficiency with solar.

Learn More!

Connect with a local Delaware installer to see which incentives can contribute to your solar system. 

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Get Connected with a DE Installer!

As the leading solar equipment distributor in the United States, Greentech Renewables goes beyond supply by connecting business owners with our extensive network of trusted local Delaware installers. Our installers will support you through every step of your solar project, from developing a tailored proposal and designing the system to sourcing materials and completing the installation. Fill out our interest form to get connected with the best local installer for you! 

INTEREST FORM

Find the best installer for you in:

  • Wilmington, DE
  • Dover, DE
  • Newark, DE
  • Middletown, DE
  • Smyrna, DE
  • Milford, DE
  • Seaford, DE
  • Georgetown, DE
  • Elsmere, DE
  • New Castle, DE
  • Millsboro, DE
  • Laurel, DE
  • Harrington, DE
  • Camden, DE
  • Clayton, DE
  • Lewes, DE
  • Bridgeville, DE
  • Selbyville, DE
  • Delmar, DE
  • Milton, DE
  • Cheswold, DE
  • Wyoming, DE
  • Bethany Beach, DE
  • Dewey Beach, DE
  • Fenwick Island, DE
  • Blades, DE
  • Dagsboro, DE
  • Ocean View, DE
  • Greenwood, DE
  • And many more!

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Solar panels on commercial building
Solar panels on commercial building
Solar panels on commercial building