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#27 Solar ROI State

Solar Panel ROI in Vermont (VT)

Vermont averages 1,180 kWh per installed kW per year. At $21.2¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $14,415.

$14,455
System Cost (After Credits)
$14,415
25-Year NPV
8 years
Payback Period
$0.180/kWh
Solar LCOE

Solar Cost Breakdown in Vermont

7 kW system (2.95/W)$20,650
Federal ITC (30%)-$6,195
Net Cost$14,455

Solar Production in Vermont

Vermont receives an average of 1,180 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 8,260 kWh in year one, declining by 0.5% annually due to panel degradation.

At Vermont's average residential rate of $21.2¢/kWh with 4% annual escalation, first-year savings are $1,751. The solar LCOE of $0.180/kWh is 15% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Vermont

1:1 net metering for systems up to 500 kW

Solar FAQ for Vermont

How much does solar cost in Vermont?
A typical 7 kW residential solar system in Vermont costs $20,650 before incentives. After the 30% federal ITC, the net cost drops to $14,455.
What is the solar payback period in Vermont?
Based on the average VT utility rate of $21.2¢/kWh and local solar irradiance of 1,180 kWh/kW/year, a 7 kW system typically pays for itself in 8 years. The 25-year NPV is $14,415.
Does Vermont have net metering?
1:1 net metering for systems up to 500 kW
What is the LCOE of solar in Vermont?
The levelized cost of solar energy in Vermont is approximately $0.180/kWh, compared to the current average utility rate of $21.2¢/kWh. Solar electricity costs 15% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Vermont?
Vermont receives approximately 1,180 kWh of solar energy per installed kW per year. A 7 kW system produces about 8,260 kWh in its first year, enough to offset 79% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

Pennsylvania

NPV: $7,155 · Payback: 10yr
Rate: $16.2¢/kWh · #19 ranked

North Carolina

NPV: $4,876 · Payback: 11yr
Rate: $12.2¢/kWh · #20 ranked

Utah

NPV: $5,916 · Payback: 11yr
Rate: $11.2¢/kWh · #21 ranked

Iowa

NPV: $9,904 · Payback: 8yr
Rate: $13.8¢/kWh · #22 ranked

Oregon

NPV: $1,513 · Payback: 15yr
Rate: $12.2¢/kWh · #23 ranked

Delaware

NPV: $5,843 · Payback: 11yr
Rate: $14.2¢/kWh · #24 ranked

Get Your Vermont Solar Analysis

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