Electricity Rates in Delaware
Average residential electricity cost, utility comparison, and solar savings potential for Delaware homeowners.
Delaware Electricity Cost Overview
The average residential electricity rate in Delaware is $0.14 per kWh, which is 12% below the national average of $0.16/kWh.Delaware homeowners pay an average of $137 per month for electricity, based on typical usage of 975 kWh per month.
Electricity rates in this state have been trending upward over the past decade, following national patterns of rising energy costs. As rates continue to increase, solar panels become an increasingly attractive way for homeowners to lock in their energy costs and achieve long-term savings.
Major Electric Utilities in Delaware
| Utility Company | Avg Rate ($/kWh) | Customers | Est. Monthly Bill |
|---|---|---|---|
| Delmarva Power | $0.14 | 310K | $137 |
| Delaware Electric Cooperative | $0.13 | 100K | $127 |
| Delaware Municipal Electric | $0.12 | 25K | $117 |
Delaware has a deregulated electricity market, which means you can choose your electricity supplier. Shopping for a competitive rate can lower your bill.
How Solar Compares to Delaware Electricity Rates
Without Solar
- Monthly bill: $137
- Annual cost: $1,644
- 25-year cost: $41,100
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $101
- Annual savings: $1,212
- 25-year savings: $30,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Delaware
The average residential electricity rate in Delaware is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill is approximately $137.
With solar panels, Delaware homeowners can reduce their electricity costs by approximately 74%, saving around $101 per month or $30,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.
The largest electric utilities in Delaware include Delmarva Power, Delaware Electric Cooperative, Delaware Municipal Electric. Rates vary between utilities, so your exact cost depends on your provider and usage.
Yes, electricity rates in Delaware have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.
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