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Solar Panel Cost in Vermont

Average costs, savings, and incentives for solar installations across Vermont.

$3.40
Avg Cost/Watt
4 hrs/day
Peak Sun Hours
$0.198/kWh
Electricity Rate
Full Retail
Net Metering

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$1,46011.644,743Green Mountain Power
South Burlington$1,46011.819,814Green Mountain Power
Rutland$1,4601115,807Green Mountain Power
Bennington$1,4601115,764Green Mountain Power
Brattleboro$1,4608.611,765Green Mountain Power
Essex Junction$1,46010.110,590Green Mountain Power
Middlebury$1,4608.78,862Green Mountain Power
Barre$1,4609.78,552Green Mountain Power
Montpelier$1,46010.47,855Green Mountain Power
St. Johnsbury$1,4609.87,007Green Mountain Power

Solar Savings Calculator

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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
View all Vermont incentives →