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Vermont Solar Information

Vermont isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Vermont offer net metering. As always in Vermont you are entitled to the 30% federal tax credit.
  • №49
    Vermont ranks in America for savings from installing solar panels on
  • 5346.05 kWh
    AC Energy output every year in Vermont in 4 kW system
  • 4.54 kWh
    Solar Radiation (kWh / m2 / day)
  • 20 ¢ /kWh
    The cost of electricity today in Washington Electric Coop Inc (VT)
  • 41 ¢ /kWh
    If you don't get solar. The forecast average utility price over the next 25 years

Vermont Solar Facts

  • $1.31
    Average cost of a 4kw solar power system in 2019.
  • 2 years
    Average system payback period.
  • $89 438
    Average lifetime savings.
  • 6 ¢ /kWh
    Levelized cost of solar energy.
  • 5 kW
    Recommended system size.
  • How much do solar panels cost in Vermont
  • $1.31 per watt
  • $6 282 total
  • 2 years

Solar power in Vermont provides almost 11% of the state's electricity as of 2018. A 2009 study indicated that distributed solar on rooftops can provide 18% of all electricity used in Vermont. A 2012 estimate suggests that a typical 5 kW system costing $25,000 before credits and utility savings will pay for itself in 10 years, and generate a profit of $34,956 over the rest of its 25-year life.

Net metering is available for up to at least 500 kW generation, but is capped at 15% of utilities peak demand. Excess generation is rolled over each month but is lost once each year. Group net metering is also allowed. Vermont is given an A for net metering and a C for interconnection. A feed-in tariff was created in 2009, but is limited to 50 MW and is fully subscribed. The cap increases by 5 to 10 MW/year starting in 2013 until it reaches 127.5 MW in 2022. It is available for solar, wind, methane, and biomass. Seven solar projects are receiving payments, of $0.30/kWh, for 25 years.

Vermont has five solar arrays of at least 1 MW, the 2.2 MW SunGen Sharon 1 in Sharon completed in July 2012, the 2.1 MW concentrating photovoltaics array installed in July 2011 in South Burlington, the 1.5 MW photovoltaic array also in South Burlington installed in October 2011, the 1 MW photovoltaic array in Ferrisburgh, and the 2 MW Williamstown Solar Project.

A proposed 20 MW solar farm in Ludlow is opposed by Green Mountain Power and the governor. The power company claims that there is no need for any utility-scale solar in the state.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you get solar
According to Washington Electric Coop Inc (VT), we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.
I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

  • Mini
  • Small
  • Medium
  • Large
We recommended
4.78 kW medium system size
Provides up to 80% of electricity consumption
$1.31 per watt
Average system cost
  • image rec 3
    15 x 325 watt
    solar panels
  • +
  • image rec 3
    15 x 300 watt
    microinverter
  • +
  • image rec 3
    1 x 5 000 watt
    inverter
$150.61 / month
Estimated savings on your average quarterly bill
  • $6 282.31
    Estimated system cost
    Excludes 30% Federal Tax Credit.
    This price does not include the installation cost.
  • 2 years
    Average system payback period
  • $89 438.15
    Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

  • 20 ¢ /kWh
    The cost of electricity today in Washington Electric Coop Inc (VT)
  • 41 ¢ /kWh
    If you don't get solar. The forecast average utility price over the next 25 years
  • 6 ¢ /kWh
    levelized cost of solar energy

Relevant product for your system

Entry-level solar panels x 15
$2,788.20
  • View
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Entry-level microinverter x 15
$2,102.40
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Entry-level inverter x 1
$1,523.11
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In stock
Canadian Solar 315W Solar Panel 120 cell CS3K-320MS Monocrystalline Black - A1 Solar Store 28% Off
Cell number 120 cell
DC/Charger Volt Compatible 48v, 12v, 24v
Price per Watt $0.52
Rated Power Output 315 W
Voltage (VOC) 40.1V
Cell Type Monocrystalline
In stock
Canadian Solar 325W Solar Panel 60 cell CS1H-325MS Monocrystalline Black - A1 Solar Store 30% Off
Cell number 60 cell
DC/Charger Volt Compatible 48v, 12v, 24v
Price per Watt $0.57
Rated Power Output 325 W
Voltage (VOC) 43.4V
Cell Type Monocrystalline
In stock
JA solar 390 watt Solar Panel 72 cell JA-JAM72-S09-390PR-Q Monocrystalline White - A1 Solar Store
Cell number 72 cell
DC/Charger Volt Compatible 48v, 12v, 24v
Price per Watt $0.49
Rated Power Output 390 W
Voltage (VOC) 49.35V
Cell Type Monocrystalline
In stock
Panasonic HIT 330W Solar Panel 96 cell VBHN330SA17 Monocrystalline Black - A1 Solar Store 28% Off
Cell number 96 cell
DC/Charger Volt Compatible 48v, 12v, 24v
Price per Watt $1.01
Rated Power Output 330 W
Voltage (VOC) 69.7V
Cell Type Monocrystalline