Good News for Solar: Rebates to Increase in the New Year for Delaware
As of January 1, 2021, Delmarva Power customers, including homeowners, who are interested in switching to solar power will have increased incentives to do so. The Delaware Department of Natural Resources and Environmental Control’s Green Energy Fund will be raising rebate amounts for residential customers, making it more attractive for homeowners to make the switch. This increase in rebates will not only help homeowners save on energy costs, but it will also help reduce greenhouse gas emissions, contributing to the fight against climate change.
In addition to the increased rebates for residential customers, commercial businesses that have been certified as diverse by the state Office of Supplier Diversity will also qualify for special rebate rates. These businesses, defined as those where 51% or more of the ownership and control of daily operations is made up of minorities, women, veterans, service disabled veterans or individuals with disabilities, can receive grants of $0.75/watt, up to a maximum of $35,000. This is an additional incentive for diverse businesses to switch to renewable energy.
The Green Energy Fund is available to applicants whose electricity provider collects funds for the program and offers a grant program for renewable energy projects. Each electric utility company offering rebates through the Green Energy Program has unique program regulations, requirements, and application forms. The Green Energy Program has provided grant funding to more than 4,300 Delaware renewable energy projects since 1999, helping homeowners, businesses and non-profits to save on energy costs and reduce greenhouse gas emissions.
Rates for other Green Energy Fund programs will also increase January 1, including:
- Residential solar installation grants will increase from $0.60/watt to $0.70/watt, and the maximum grant will increase from $5,000 to $6,000.
- Commercial solar installation grants will increase from $0.60/watt to $0.70/watt and the maximum grant will increase from $25,000 to $30,000.
- Non-profit solar installations will see a change in the grant structure, with the incentive set at $1.40/watt and the maximum grant increasing from $41,250 to $50,000.
Since its inception in 1999, the Green Energy Fund has supported the installation of more than 4,700 solar energy systems, helping Delawareans to save on energy costs and reduce greenhouse gas emissions. Information on the Green Energy Fund can be found at de.gov/greenenergy.