Delaware Electricity Rates

Written by Michelle Honeyager/

Edited by Hannah Whatley

Last updated 11/15/2022

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Delaware energy rates

Thanks to the state’s deregulated energy market, residents in Delaware have a diverse choice of electricity providers. This allows them to save money on Delaware electricity rates by finding the right pricesand plans for them.

If you currently live in or plan to move to Delaware, you have the power to choose from different providers, types of plans, term lengths, and more. When you’re ready to get started, SaveOnEnergy has the tools and resources to make finding your next plan convenient and stress-free.

Delaware electricity rates

How to find the best electricity rates in Delaware

Electric rates can change over time based on factors like the fluctuations of the energy market, seasonal costs, and energy demand. Search through SaveOnEnergy’s unaffiliated marketplace to find what rates are doing at the moment so you can choose the best ones. To get started:

  • Browse energy rates near you. Enter your ZIP code to find local energy rates and plans. Use the convenient filters in the marketplace to help narrow down plans based on what you are looking for.
  • Sign up in minutes. You can sign up for the plan of your choice online quickly and easily. If you have questions or want to review the plan’s details, you can call the number on your screen to find energy experts to help you. 
  • Enjoy your new energy plan. Once you sign up for your new plan, your energy provider will handle the setup and transfer of service. Now you can sit back and enjoy your savings.    

(Note: When you enter your Delaware ZIP code in the SaveOnEnergy marketplace, you will be redirected to our partner site, Choose Energy, to complete your purchase process. Choose Energy is our marketplace for deregulated energy plans in states outside of Texas. It is owned and operated by the same energy experts as SaveOnEnergy.)

Electricity rates in my area

With the SaveOnEnergy independent marketplace, you don’t need to search general terms like “electricity rates in my area” or “best electric company near me.” Enter your ZIP code and browse the current providers, plans, and rates in your area to find the plan that best fits your situation.

Energy rates can change based on where you live, even from ZIP code to ZIP code. This is because of different fees like utility transmission charges, which cover the cost of transferring electricity from the provider to your home or business. That’s why it’s important to enter your ZIP code to explore the rates that are available in your area.

Types of electric plans in Delaware

If you search the SaveOnEnergy marketplace, you’ll notice different types of plans. Each plan type can meet various needs based on contract flexibility, energy usage, and payment preferences. If you have questions as you browse, call the number on the screen to talk to one of our energy experts. Read on to learn about the types of energy plans available in Delaware.    

Fixed-rate plans in Delaware

Fixed-rate plans secure your energy rate for the duration of the contract. Your rates would be set for a certain time, usually a 12–36 month contract, helping you avoid changeable bills even if market energy rates are spiking. However, you may be subject to an early termination fee (ETF) if you decide to leave the contract early. The amount you pay monthly could also fluctuate slightly if local utility fees change. 

Variable-rate plans in Delaware

In variable-rate plans, your energy rate changes based on what the current energy wholesale prices are doing. If energy rates go up, that will be reflected on your monthly bill. However, people like these contracts because consumers can save money if market energy rates decrease. These plans often have no contracts, so you don’t have to pay an ETF if you switch providers. Variable-rate plans also often have low starting rates.    

No-deposit and prepaid energy plans in Delaware

You may have to pay a deposit before the plan begins depending on your credit score, usually if your credit score is below a certain threshold. However, no-deposit plans allow you to waive that requirement. A common type of no-deposit plan is the prepaid plan, where you put money into an account that draws down to pay your monthly energy bill. When your account runs low, you typically get a notification. You can find these types of plans on the SaveOnEnergy marketplace by filtering for no-deposit or prepaid plans.   

Green energy plans in Delaware

You can also findgreen energy plans in Delaware if reducing your carbon footprint is a priority. You can filter for green energy providers in your area on the SaveOnEnergy marketplace. Get started today by entering your ZIP code or calling the number on your screen.    

Business energy plans in Delaware

Deregulation isn’t limited to residential electricity. Business electricity customers may also choose their supplier. Rates are based on a number of factors, including the size of your company and your expected energy usage.

Call 844-288-0613 or fill out this formto contact a SaveOnEnergy.com expert who will outline your choices and help you find a great plan.

Cheap energy prices in Delaware

Energy rates change throughout the year based on the season. Summer and winter, the higher-demand seasons, can lead to spikes in Delaware electricity rates. You may be able to find cheap electricity in Delaware if you shop during a less peak season such as fall or spring. 

Energy providers and utility companies in Delaware

As you compare electric rates in Delaware, you might come across utility companies and electric providers. Utility companies differ from suppliers in that their responsibility is to upkeep the infrastructure used to deploy electricity. If there is a downed power line or power outage, they would be the ones to handle it.

Your utility company is automatically assigned to you based on the area of Delaware in which you live. One of the largest is Delmarva Power & Light Company. 

Contact your Delaware utility company

If you experience a power outage, make sure to call the utility company, not the provider. A couple of the utilities that operate in Delaware include Delmarva Power & Light Co and Delaware Electric Cooperative, Inc..

Not sure what kind of energy plan will work for your home?

SaveOnEnergy has plenty of guides that can help you make the most informed decision on which type of energy plan will work the best for you. Whether you want to know about no-deposit plans, solar energy, orenergy-saving tips, we can help. 

Finding the plan that works for you depends on how much energy you use every month. Try the SaveOnEnergy usage calculator to find out how much you use to help get the plan that works for you.

SaveOnEnergy’s tips for easy electricity service setup

  • Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
    • Price per kilowatt-hour based on your energy usage
    • The plan’s percentage of renewable energy sourcing
    • Early termination fees
  • Enjoy hassle-free supplier setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
  • Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees appear as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

Delaware energy FAQs

  • The provider that offers the cheapest electricity rates in Delaware can depend on what season it is, where you live, and what rates local providers are offering. Search the SaveOnEnergy marketplace to see who is offering the lowest rate in your area.

  • You can easily find any green energy plans offered in your area by entering your ZIP code and filtering for green energy.

  • Start by researching the different types of plans. You can find fixed-rate, variable-rate, no-deposit plans, green energy plans, and commercial energy plans. See which one makes the most sense for your situation. You can also see our guide on picking a plan.  

  • To lower your energy bill in Delaware, try monitoring how much energy you use a month, looking into and investing in energy-efficient appliances, and using the SaveOnEnergy marketplace to find the most affordable plans for you.

Ready to shop for an energy plan? Let’s get you taken care of. Call: 1 (855) 209-8145

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