The cost of solar panels in Bear, DE (2024)

Updated Jun 4, 2024

  • You'll pay an average of $12,575 to install a 5 kilowatt solar panel system in Bear, DE, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of June 2024, the average solar panel system costs $2.51/W including installation in Bear, DE. For a 5 kW installation, this comes out to about $12,575 before incentives, though prices range from $10,689 to $14,461. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Bear, DE

Good Price
$10,689 or less
Market Average
$12,575
High Price
$14,461 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Bear, DE state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $12,575 in Bear, DE, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Bear, DE

System Size
System Cost
System Cost (after ITC)
3 kW$7,545$5,281
4 kW$10,060$7,042
5 kW$12,575$8,802
6 kW$15,089$10,563
7 kW$17,604$12,323
8 kW$20,119$14,083
9 kW$22,634$15,844
10 kW$25,149$17,604

Are solar panels worth it in Bear, DE?

Solar panels are worth it in most areas, including Bear, DE. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $29,190 over 20 years on electricity costs with a 5 kW system in Bear, DE. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
9.08 Years
20-Year Savings
$29,190
Cost-per-Watt
$2.51

If you can't shell out $12,575 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in DE, here are some popular suggestions:

  • IntegrateSun, LLC
    Dover, DE
    Established 2010
    Elite+ Installer
    IntegrateSun is an Earth based company that is successfully navigating oily waters. We chose to be in the busines...
    Elite+ Installer
    Screened & Verified

    IntegrateSun is an Earth based company that is successfully navigating oily waters. We chose to be in the busines...
  • Integrated Home Energy
    Bear, DE
    Established 2021
    Elite Installer
    We are a local installer located in West Chester, PA offering the industry's best warranties and post-installatio...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    32 Reviews

    We are a local installer located in West Chester, PA offering the industry's best warranties and post-installatio...
  • Phenix Pro Solar
    Multi-state
    Established 2018
    Elite Installer
    Experience reliable expertise, customized solutions, energy independence, significant savings, and exceptional se...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    21 Reviews

    Experience reliable expertise, customized solutions, energy independence, significant savings, and exceptional se...
  • Solar Energy World
    Multi-state
    Established 2009
    Elite Installer
    Why Solar Energy World?

    Solar Energy World has become the fastest growing, independently owned solar power system ...
    Elite Installer
    Screened & Verified
    4.5 /5.0
    45 Reviews

    Why Solar Energy World?

    Solar Energy World has become the fastest growing, independently owned solar power system ...
  • Solar SME, Inc.
    Multi-state
    Established 2011
    Elite Installer
    Things to Consider While Going Solar

    First thing to keep in mind when going solar is purchasing the right solar pa...
    Elite Installer
    Screened & Verified

    Things to Consider While Going Solar

    First thing to keep in mind when going solar is purchasing the right solar pa...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Bear, DE.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Bear, DE. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

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Trusted, local installers

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