Vermont Solar Rebates and Incentives for 2013
We’ll help you understand exactly which Vermont solar energy rebates and incentives you qualify for and how much they’ll reduce the cost of your solar power system. We’ll even apply for them for you so you don’t have to deal with the paperwork and hassle.
Vermont Government Solar Rebates and Incentives
Vermont law grants cities and towns the option to offer a local residential property tax exemption on solar electric systems.
Solar PV systems in Vermont are exempt from sales tax.
Vermont Utility Solar Rebates and Incentives
Electric utility Green Mountain Power offers their customers with net-metered residential PV systems a performance-based credit of $0.06 per kW-hour of system-produced electricity.
Newly-installed residential solar power systems in Vermont are eligible for a per-Watt rebate of $0.25 for the first 10 kW. The total rebate amount is capped at $2,500.
Vermont state law requires that utilities offer net metering customers an incentive payment for every kilowatt-hour of electricity their home solar systems add to the grid. The per-kWh incentive amount is $0.20 minus the highest rate the utility has charged you for electricity over the last 10 years. For example, if your rate peaked at $0.17/kWh, your incentive amount would be $0.03/kWh.