Compare Delaware Electricity Rates [2022 Best Prices]

Here’s a quick overview of Delaware electricity rates:

  • Current average retail rate of electricity: 13.16 cents per kilowatt-hour (kWh)
  • Current range of electricity prices in Delaware: 8.3 to 18.0 cents per kWh
  • Average monthly electric bill: $114.08
  • Average energy usage: 932 kWh

Figures accurate as of time of publication.

Ecowatch Author Dan Simms

By Dan Simms, Energy Expert

Updated 6/26/2022

Why You Can Trust EcoWatch

Our renewable energy experts have conducted hours of research and collected dozens of data points to determine the best energy rates in Delaware. We’ve also objectively ranked and reviewed numerous energy companies to empower you to make the right choice for your home.

Who Has the Best Energy Rates in Delaware?

If you’re simply shopping for the lowest possible electricity rates in Delaware, NRG is probably your best bet, as its renewable energy plan has a set rate of just 8.3 cents per kWh. Click below to compare energy rates from other top Delaware electric companies.

Great Renewable Energy Choice
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Nationwide Service

Ecowatch rating

Average cost

$$$$$

Clearview Energy

  • Pros icon Many years of experience
  • Pros icon Makes charitable contributions
  • Pros icon Values transparency
  • Pros icon All plans use clean energy
  • Pros icon Low rates
  • Con icon Charges contract cancellation fees
  • Con icon Some reports of misleading door-to-door sales

Services Offered

  • Service icon 100% Renewable Energy Plans
  • Service icon Fixed-Rate Plans
  • Service icon Variable-Rate Plans
  • Service icon Prepaid Plans
  • Service icon Business Energy Plans
Great Regional Provider
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Regional Service

Ecowatch rating

Average cost

$$$$$

CleanChoice Energy

  • Pros icon Low rates
  • Pros icon Low number of customer complaints
  • Pros icon Makes charitable contributions
  • Pros icon All plans use clean energy
  • Pros icon No early termination fees
  • Con icon No prepaid or no-deposit plans
  • Con icon No satisfaction guarantee
  • Con icon Young company
  • Con icon Low number of plans to choose from

Services Offered

  • Service icon 100% Renewable Energy Plans
  • Service icon Fixed-Rate Plans
  • Service icon Variable-Rate Plans
  • Service icon Community Solar
Great Regional Provider
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Regional Service

Ecowatch rating

Average cost

$$$$$

Residents Energy

  • Pros icon Low number of customer complaints
  • Pros icon No early termination fees
  • Con icon Expensive
  • Con icon Not as many renewable energy options as competitors
  • Con icon Low number of plans to choose from

Services Offered

  • Service icon 100% Renewable Energy Plans
  • Service icon Fixed-Rate Plans
  • Service icon Variable-Rate Plans
  • Service icon Community Solar
Great Regional Provider
Badge icon

Regional Service

Ecowatch rating

Average cost

$$$$$

NextEra Energy

  • Pros icon Many years of experience
  • Pros icon Makes charitable contributions
  • Pros icon Low rates
  • Pros icon Wide variety of plan options
  • Con icon Charges contract cancellation fees
  • Con icon No prepaid or no-deposit plans
  • Con icon Not as many renewable energy options as competitors

Services Offered

  • Service icon 100% Renewable Energy Plans
  • Service icon Fixed-Rate Plans
  • Service icon Variable-Rate Plans
  • Service icon No-Deposit Plans
  • Service icon Business Energy Plans

Jump To: Delaware Energy Rates | Price Comparison | How to Find the Best Rates | Types of Electricity Plans | Best Electricity Companies | What to Look For When Choosing a Provider | FAQ

Delaware Energy Rates

Delaware deregulated its energy market in 1999. Since then, residents have had energy choice and can select service from any supplier available to them. Energy deregulation is typically seen as a positive thing, as it encourages competition among suppliers and ultimately lowers prices for consumers. The average per-kWh cost for energy in Delaware is around 13.16 cents per kWh, but you could pay anywhere from 8.3 cents to 20.77 cents per kWh depending on the supplier you choose.

In addition to the supplier, the electric utility that serves your area can have a slight effect on the price you pay for energy. Most Delaware residents are serviced by Delmarva Power & Light, but some residents will see varying energy costs if they’re serviced by NRG Energy, Delaware Municipal Electric Corporation, Chesapeake Utilities Corporation or the Delaware Electric Cooperative.

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Comparison of Electricity Rates in Delaware

In the table below, we’ll compare the energy plans available to you in Delaware, including the contract term or length of the contract and the rate you can expect to pay per kWh. As a publication that focuses on environmental friendliness, we’re only including plans that use 100% renewable energy. You can learn more about these plans below, as well as their benefit to the environment.

Plan Name Term (Months) Plan Rate (¢/kWh)
CleanChoice 100% Wind and Solar 12 18 cents
Clearview Energy ClearGreenGuarantee6 6 15.79 cents
Clearview Energy ClearGreenGuarantee6 Plus 6 14.89 cents
Clearview Energy ClearGreenGuarantee12 12 16.49 cents
Clearview Energy ClearGreenGuarantee12 Plus 12 15.49 cents
Direct Energy Go Green Lights 24 24 15.29 cents
Just Energy Just Green Plan 36 14.09 cents
NextEra Energy Eco Power 6 6 11.20 cents
NextEra Energy Eco Power 12 12 10.40 cents
NRG Renewable Energy Plan 3 8.3 cents
Residents Energy 100% Green Energy Variable 1 11.8 cents
Residents Energy 100% Green Energy Fixed 6 17.99 cents
Residents Energy 100% Green Energy Fixed 6 20.77 cents
Smart Energy 6 Month Fixed 6 19.90 cents
Xoom Energy Simple Clean 12 12 12.59 cents

*Rates will vary based on your public utility; you’ll see the rates above if your utility is Delmarva Power. Rates are subject to change.

How to Find the Best Electricity Rates in Delaware

Many Delawareans assume that the cheapest energy plan is the best one for their purposes, but there are other factors you should consider when deciding. We’ll explain why things like your energy usage and the term of the contract you’re considering can also play a role in which energy plan is right for you.

Your Energy Usage

Even if one plan looks like the cheapest by the rate, it might not be the most cost-effective for you specifically. Many electric suppliers in Delaware use tiered rates for electricity, which allow the price per kWh to vary depending on your energy consumption. In most cases, customers who use below the average or above the average will see higher rates with a tiered plan than those who use around the average of 932 kWh per month. If you fall well below or above the average, a tiered rate might not be best for you.

Another option that some electric companies offer is a time-of-use (TOU) structure, where all rates are the same across all users but vary depending on the time of day. A TOU rate plan might work for you if you find that most of your energy consumption is during off-peak hours. The Delaware Public Utilities Commission (PUC) does not set off-peak hours, so you’d have to check with your electricity provider for that information.

Contract Length

The length of your contract is another important consideration. Most fixed-rate energy plans have a contract term of a certain length, locking the fixed rate until the end of the contract. Some customers don’t like long contracts because electric rates might go down, and they’d still be locked into the higher rate. However, longer contracts typically come with lower rates overall because you’re guaranteeing the supplier your business.

Contracts can also contain stipulations that can change the rate you pay throughout the term, so it’s important to read the fine print. You should look out for introductory rates that increase partway through the term, sign-up fees, early-cancellation fees and other specifications that can affect what you pay for power and when you pay it. If you’re unsure which plan is right for you, you can use this tool or click below to help you decide on the best one.

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Types of Electricity Plans in Delaware

There are different types of energy plans available in Delaware, and understanding the pros and cons of each can help you narrow down the plans you should choose between. We’ll discuss the different plan types below to give you an idea of which might work best for your purposes.

Fixed-Rate Plans

Fixed-rate plans usually involve a contract term that can range from a few months to several years. During the term, you’ll be locked into a single rate for electricity. While some customers don’t like long-term commitments, these plans do guarantee that your energy rates won’t increase, even in the case of high-demand, low-energy supply or times of crisis. For this reason, we generally recommend these plans.

In exchange for peace of mind, you can expect to have early-cancellation fees and static contracts, but you also get the ability to budget more accurately. It’s important to note, however, that fixed-rate plans can still leave you with different payment amounts each month. Only the per-kWh rate is fixed, so your usage will still impact your monthly utility bills.
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Pros of a Fixed-Rate Energy Plan Cons of a Fixed-Rate Energy Plan
They make budgeting much simpler They require a contract and could include early-termination fees
Your energy rates are guaranteed to stay the same, even if local rates rise They could be more costly than variable-rate options if local rates drop

Variable-Rate Plans

Rather than lock you into a contract with a fixed rate, variable-rate plans typically require no contract and, therefore, have no early-cancellation fees. You’re free to change plans or suppliers at any time.

The downside of variable-rate plans is that your rate fluctuates with local electricity prices, which means periods of high demand or times of crisis could cause your rate to skyrocket unexpectedly. Though there is less peace of mind with variable-rate plans, you do stand to enjoy greater energy savings if local rates drop or stay low.

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Pros of a Variable-Rate Energy Plan Cons of a Variable-Rate Energy Plan
You stand to save money if local rates stay low Electricity rates could spike unexpectedly during periods of high demand
No contracts are required, which means no early-termination fees You could end up paying more than a fixed-rate plan if local prices stay high

No-Deposit and Prepaid Energy Plans

Many electricity providers require deposits upon plan enrollment as a means of offsetting losses if customers don’t pay their bills. Some companies offer no-deposit plans for customers who can pass a credit check, as they are more likely to pay their bills. This can save you some money up front.

You can also sometimes choose a prepaid energy plan, which also helps you avoid sign-up fees. These plans require that you add money to an online account to pay for energy before you use it. Your account is then debited as you consume power, but you’ll never be charged more than you place in your account. Prepaid plans are helpful for lowering up-front costs and staying in complete control of your expenditure, but you could be subject to outages if you don’t remember to top up the account.

Pros of a Prepaid Energy Plan Cons of a Prepaid Energy Plan
Limited up-front expenditure You could lose power if you fail to add sufficient funds to your account
You’re always in complete control of your spending Many prepaid plans have slightly higher per-kWh prices
No contracts or early-cancellation fees

Green Energy Plans

As the name implies, green energy plans guarantee that all of the power delivered to your home is produced via renewable energy sources. These plans can also have fixed or variable rates, and some can be prepaid as well. These plans let you support clean energy and are often just as affordable — if not more affordable — than plans from companies that use fossil fuels to produce electricity.

Delaware is making strides toward a smaller overall carbon footprint with its Renewable Portfolio Standard (RPS) goal of producing a minimum of 40% of its power via clean energy sources by 2035.1 It’s possible that, in line with this goal, the state will further incentivize green energy plans in the future. This could bring down prices and lead to more renewable energy plans being available.

Pros of a Green Energy Plan Cons of a Green Energy Plan
Lets you support renewable energy without a major up-front investment Clean energy plans can be 1 to 2 cents higher per kWh than others, on average
Helps the environment and reduces your carbon footprint Fewer plan options currently available

Business Energy Plans

Finally, business energy plans are designed for commercial customers, as they base the rate and contract structure on the assumption that energy needs will be higher than those of residential customers. These plans aren’t as prevalent as residential energy plans, so you might have fewer options once you find power suppliers who offer business energy plans.

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Electricity Companies and Providers in Delaware

Since 1999, when the energy market in Delaware was deregulated, homeowners have had electric choice and could pick whichever supplier suited them best. While this is generally great news, it also makes your decision harder by creating so many choices. Below are some of our top-rated electric suppliers in Delaware to help get you started. It should be noted that some popular companies like Constellation aren’t included because they lack renewable energy plan options.

Clearview Energy

  • Outstanding customer reviews
  • Multiple term options available
  • 100% renewable plans offered
  • Fixed-rate plans available

CleanChoice Energy

  • Positive online reviews
  • Renewable energy plans available
  • Fixed-rate contracts offered

Residents Energy

  • Multiple contract terms offered
  • Green energy plans available
  • Fixed-rate contracts provided
  • Generally positive customer reviews

NextEra Energy

  • Multiple contract terms provided
  • Relatively affordable
  • Renewable energy plans offered
  • Fixed-rate contracts available

What to Look For When Choosing an Electricity Provider in Delaware

As we discussed briefly above, choosing an electricity provider in Delaware should entail more than looking for the supplier with the lowest per-kWh rates. While cheaper-seeming energy looks appealing, there are other factors that can make the plan less beneficial to you and could end up costing you more in the long run. We’ll discuss some additional factors you should consider below.

  1. Plan Options: First, you should decide which energy plan types seem suitable to you, and then you can filter the plans based on whether you want a fixed-rate, variable-rate, prepaid or another plan. You might be able to rule out a company altogether if it doesn’t have the option you think you want.
  2. Energy Source: Many electric companies in Delaware still use coal and natural gas to produce electricity. We strongly recommend choosing a renewable energy plan to reduce your carbon footprint and your contribution to pollution and global warming.
  3. Electricity Rates: The price of electricity will always matter, and cheaper options that suit you in other ways — like contract length and rate type — will usually be better.
  4. Contract Details: The term of the contract is an important thing to consider, as you’ll be locked into your rate for that amount of time, even if prices go up or down. You should also look at the fine print for things like introductory rates and what happens when your contract ends.
  5. Customer Reviews: It’s wise to look at customer reviews online before deciding on a company. Positive and negative reviews can give you an idea of what kind of experience you’re likely to have with a supplier.
  6. Company History: Companies that have been in the industry longer are more likely to have the resources to respond quickly to customer issues like billing questions.

FAQ: Delaware Electricity Plans

The EcoWatch team gets questions often from Delaware residents on how to choose the most beneficial electric plan. Below are some of the questions we see most often, along with our responses.

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Dan Simms

Solar Expert

Dan Simms is an experienced writer with a passion for renewable energy. As a solar and EV advocate, much of his work has focused on the potential of solar power and deregulated energy, but he also writes on related topics, like real estate and economics. In his free time — when he's not checking his own home's solar production — he enjoys outdoor activities like hiking, mountain biking, skiing and rock climbing.