Facts on the Vermont Solar Industry
- There are currently more than 86 solar companies1 at work throughout the value chain in Vermont, employing 1,367 people2.
- In 2015, Vermont installed 43 MW of solar electric capacity, ranking it 16th nationally. Installed solar capacity in Vermont has grown by 16% over the last year3.
- In 2015, $106 million was invested on solar installations in Vermont. This represents a 39% increase over the previous year, and is expected to grow again this year.
- The 120 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 21,000 homes.
- Over the next five years, Vermont is expected to install 569 MW of solar electric capacity, ranking the state 21st over that time span. This amount is more than 6 times the amount of solar installed over the last five years.
- Installed solar PV system prices in the U.S. have dropped steadily- by 12% from last year and 66% 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 homes4.
- 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 homes5.
See our solar installations maps.
Solar Companies in Vermont
There are currently more than 86 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: 14 manufacturers, 4 manufacturing facilities, 39 contractor/installers, 4 project developers, 9 distributors and 20 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