Solar Panel Savings in Vermont
Vermont gets 3.8 peak sun hours per day with electricity at 21¢/kWh. See how much you can save with solar panels.
Solar Panel Cost & Savings by System Size in Vermont
| System Size | Gross Cost | After Credits | Payback | 25-Year Savings | Annual kWh |
|---|---|---|---|---|---|
| 6 kW | $18,600 | $13,020 | 9.5 yrs | $30,648 | 8,322 |
| 8 kW | $24,800 | $17,360 | 12.2 yrs | $26,391 | 11,096 |
| 10 kW | $31,000 | $21,700 | 14.7 yrs | $22,051 | 13,870 |
| 12 kW | $37,200 | $26,040 | 17.0 yrs | $17,711 | 16,644 |
Includes 30% federal ITC + 0% Vermont state credit. Assumes 3% annual electricity rate increase and 0.5% panel degradation.
Vermont Solar Incentives
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Is Solar Worth It in Vermont?
Vermont averages 3.8 peak sun hours per day, which means an 8 kW solar system would produce approximately 11,096 kWh per year. At the state's average electricity rate of 21¢/kWh, that translates to significant annual savings on your electric bill.
With the federal 30% Investment Tax Credit and Vermont's 0% state incentive, an 8 kW system costing $24,800 drops to just $17,360 after credits — with a payback period of approximately 12.2 years.
Over 25 years, homeowners in Vermont can expect to save $26,391 with an 8 kW system, factoring in panel degradation and rising electricity costs. The combination of moderate sun exposure and federal incentives makes solar a reasonable investment in Vermont.