Delaware · SREC / renewable credit · Deep-stack program
Delaware SREC Program
Lets residential solar owners in Delaware sell credits for the power their system generates -- see the market rate, eligibility, and payback impact below.
- Market rate per MWh
- stated benefit
- Residential
- eligible customers
- 15.4 yr
- Delaware baseline payback
- 3
- other Delaware programs
Deep-stack program · late directory
Delaware runs a 4-program DSIRE stack; this srec / renewable credit is one layer on a 15.4-year modeled baseline, not the whole story.
- Stack4 programs
- In-state #3/3
- Type #3/7
- Baseline15.4 yr
In-state directory place #3 of 3 (late alphabet). National srec / renewable credit directory #3 of 7. Amounts and eligibility change; verify with the official program page before relying on a dollar figure. Informational only - not financial advice. See our disclaimer.
Program description
Delaware solar owners earn SRECs for each MWh produced, tradeable to utilities meeting RPS requirements.
Program at a glance
- Program type
- SREC / renewable credit
- Eligible customers
- Residential
- Stated benefit
- Market rate per MWh
- State electricity rate
- 14.8¢/kWh
- Delaware solar score
- 24/100
Solar's trajectory in Delaware
The market this incentive operates in: total installed solar capacity in Delaware reported to the EIA.
Delaware's solar incentive stack
How this srec / renewable credit sits among Delaware's 3 tracked programs, by type
- Net metering
Net metering
1 programs
- Rebate
Rebate
1 programs
- SREC
SREC
1 programs
What this shows Of Delaware's 3 tracked incentive types, 1 are SREC/renewable-credit programs -- an ongoing revenue stream from generation, distinct from the state's other stacked incentive types.
How this srec / renewable credit layers inside Delaware's deep stack
The Delaware SREC Program lets Delaware solar owners sell renewable energy credits generated by their system, tracked as a solar incentive in DSIRE. Eligibility is scoped to residential customers, with a stated benefit of Market rate per MWh. DSIRE lists no scheduled sunset, though enabling legislation and appropriations can still be revised year to year.
That baseline is slower than most states, which raises the stakes for every incentive on the table. Delaware averages 4.5 kWh/m²/day of usable sunlight and residential rates of 14.8¢/kWh, producing an estimated 7,884 kWh/year and $1,167 of annual utility offset on a typical 6 kW system costing $18,000. That baseline already implies a 15.4-year simple payback and a 25-year modeled net of roughly $11,175 before this incentive - every dollar this srec / renewable credit delivers compresses that payback further.
Delaware bundles a deep incentive stack, so this program rarely stands alone. Delaware has 4 solar incentive programs indexed in DSIRE, including adjacent options like DE Net Metering, Delaware Green Energy Fund Rebate. The state's net-metering policy is classified as full, which governs how excess generation is credited and often decides whether a given program is worth claiming for a specific household.
Other Delaware incentives
Frequently asked questions
Where does the Delaware SREC Program sit in Delaware's deep program stack?
How does this srec / renewable credit work beside Delaware's other programs?
Who qualifies, and what does a late in-state directory place mean?
How does this incentive affect solar ROI in Delaware?
Which other Delaware programs stack with this one?
Incentive data from the DSIRE (Database of State Incentives for Renewables & Efficiency); state solar economics from NREL and the U.S. EIA. See our methodology · Delaware solar data · ROI calculator · All incentives.