Cost & Savings Breakdown
Based on $150/month electric bill in Rutland
System Size
7.1 kW
Annual Production
8,343 kWh
Gross System Cost
$24,286
Federal Tax Credit (30%)
-$7,286
State Incentive
-$1,000
Net Cost
$16,000
Monthly Savings
$122
CO₂ Offset/yr
7,675 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityGreen Mountain Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.175/kWh
Peak Sun Hours4 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Vermont State Incentive — Vermont offers a sales tax exemption and a net metering credit program.
Common Questions
How much does solar cost in Rutland?
Solar in Rutland, Vermont costs approximately $24,286 for a 7.1 kW system. After the 30% federal tax credit, your net cost is about $16,000.
What is the solar payback period in Rutland?
The estimated payback period for solar in Rutland is 11 years, based on a $150/month electric bill and local sun hours of 4 hrs/day.
Does Green Mountain Power offer net metering?
Green Mountain Power offers Full Retail net metering. Full retail rate.