Estimated Savings for a Typical Vermont Home
Based on a $150/month electric bill
System Size
6.3 kW
Gross Cost
$21,465
Federal Credit
-$6,439
State Incentive
-$1,000
Net Cost
$14,025
Annual Savings
$1,460
Payback Period
9.6 yrs
25-Year Savings
$35,845
CO₂ Offset/yr
6,784 lbs
Vermont Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$1,000
Vermont State Incentive
Vermont offers a sales tax exemption and a net metering credit program.
Net Metering Policy: Full Retail
Top utility in Vermont: Green Mountain Power. View full incentives detail →
Solar Costs by City in Vermont
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Burlington | $1,460 | 11.6 | 44,743 | Green Mountain Power |
| South Burlington | $1,460 | 11.8 | 19,814 | Green Mountain Power |
| Rutland | $1,460 | 11 | 15,807 | Green Mountain Power |
| Bennington | $1,460 | 11 | 15,764 | Green Mountain Power |
| Brattleboro | $1,460 | 8.6 | 11,765 | Green Mountain Power |
| Essex Junction | $1,460 | 10.1 | 10,590 | Green Mountain Power |
| Middlebury | $1,460 | 8.7 | 8,862 | Green Mountain Power |
| Barre | $1,460 | 9.7 | 8,552 | Green Mountain Power |
| Montpelier | $1,460 | 10.4 | 7,855 | Green Mountain Power |
| St. Johnsbury | $1,460 | 9.8 | 7,007 | Green Mountain Power |
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Quick Facts: Vermont
- ⚡ Avg rate: $0.198/kWh
- 🌞 Peak sun: 4 hrs/day
- 🏭 Top utility: Green Mountain Power
- 📋 Net metering: Full Retail