Facts on the Vermont Solar Industry
- There are currently more than 75 solar companies at work throughout the value chain in Vermont, employing 1,000 people.
- In 2014, Vermont installed 38 MW of solar electric capacity, ranking it 18th nationally.
- The 87 MW of solar energy currently installed in Vermont ranks the state 22nd in the country in installed solar capacity. There is enough solar energy installed in the state to power 15,200 homes.
- In 2014, $76 million was invested on solar installations in Vermont. This represents a 63% increase over the previous year, and is expected to grow again this year.
- Average installed residential and commercial photovoltaic system prices in Vermont have fallen by 30% in the last year. National Prices have also dropped steadily- by 6% from last year and 53% from 2010.
View more solar industry data.
Notable Installations in Vermont
- PSEG Essex Solar Energy Center was completed in 2014 by developer Juwi Solar Inc. This photovoltaic project has the capacity to generate 3.9 MW of electricity-- enough to power over 700 Vermont homes.
- At 3 MW, SunGen1 in Sharon is among the largest solar installations in Vermont. Completed in 2012 by Talmage Solar Engineering , this photovoltaic project has enough electric capacity to power more than 500 homes.
See our solar installations maps.
Solar Companies in Vermont
There are currently more than 75 solar companies at work throughout the value chain in Vermont. These companies provide a wide variety of solar products and services ranging from solar system installations to the manufacturing of components used in photovoltaic panels. These companies can be broken down across the following categories: 12 manufacturers, 4 manufacturing facilities, 33 contractor/installers, 5 project developers, 9 distributors and 16 engaged in other solar activities including financing, engineering and legal support..
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Solar panel costs have fallen significantly in the last 5 years and now installing solar panels can be one of the best investments you can make for your home. There are also now a lot of products on the market utilizing sophisticated financing vehicles to make solar panels for your home affordable. This website will show you the average retail price of installing home solar panels in Vermont.
Solar rebates and solar tax credits in Vermont.
Solar incentives are offered at the utility, county, state and federal level. These solar incentives can take various forms including solar tax credits, up front solar rebates, premium feed in tariffs (known as net metering) or solar production incentives.The eligibility and rules for each incentive program can vary greatly. This solar panel calculator allows you to enter your address and it will tell you what solar incentives will apply at your house and the value of these if you go solar.
Finding the right solar company for you:
There are many solar companies in Vermont offering a wide variety of brands and options. This consumer reviews website will show you the consumer ratings of each solar installer that services your area and will also show you what brands of solar panels.
Vermont Public Service Board – Learn about the governing body that regulates the electricity rates and services of Vermont public utilities
Vermont State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Vermont
DSIRE Incentives Database - Vermont – Search a public clearinghouse for specific solar energy incentives in Vewrmont and across the United States
U.S. Energy Information Administration - Vermont State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government