Delaware Net Metering Laws & Utility Buyback Explained
Delaware mandates strong net metering policies that protect homeowners and guarantee fair compensation for solar production. If you use major utilities like Delmarva Power or the Delaware Electric Cooperative (DEC), understanding net metering is vital to maximizing your savings.
How 1:1 Retail Net Metering Works
During bright Delaware summer days, your system will likely generate more power than your home can consume. This excess electricity flows backwards through your meter into the grid. Your utility company is required by law to credit you for this power at the 1:1 retail rate. You bank these credits during the summer and use them to offset your energy consumption during the shorter winter days.
The Annual True-Up Cycle
Delaware operates on an annualized net metering cycle. If, at the end of your billing year, you have produced more electricity than you used across the entire 12 months, your utility company will compensate you for the excess generation. Between this policy and the SREC payouts, your roof effectively becomes an income-producing asset.
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