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Is Solar Worth It in Vermont in 2026?

Complete analysis of solar costs, incentives, net metering, and payback for Vermont homeowners — without the federal ITC.

Cost Per Watt

$3.30

installed

Electricity Rate

$0.195

per kWh

Payback (No ITC)

15.1 yr

current reality

Payback (With 30% ITC)

10.5 yr

hypothetical

25-Year ROI

66%

return on investment

Incentive Breakdown — Vermont

Available incentives for a typical 7kW residential solar system in Vermont

Federal ITC (25D)

Expired

The federal solar Investment Tax Credit expired on January 1, 2026. No federal credit available for new installations.

State Tax Credit

None

Vermont does not offer a state tax credit for solar installations.

SREC Market

Not Available

Vermont does not have a traditional SREC market.

Property Tax Exemption

Solar system value excluded from property tax assessment

Sales Tax Exemption

No statewide sales tax exemption for solar

Low-Income Program

Available

Vermont offers programs to help low-income households access solar energy.

Key Incentives: Property tax exemption for solar; Low-income solar program available.

Solar Math — With vs Without Federal ITC

Cost breakdown for a typical 7kW residential system in Vermont

2026 Reality (No Federal ITC)

System Size
7 kW
Cost per Watt
$3.30/W
Gross Cost
$23,100
Federal ITC
$0
Net Cost
$23,100
Annual Savings
$1,535/yr
Payback Period
15.1 years

Hypothetical (With 30% ITC)

System Size
7 kW
Cost per Watt
$3.30/W
Gross Cost
$23,100
Federal ITC (30%)
-$6,930
Net Cost
$16,170
Annual Savings
$1,535/yr
Payback Period
10.5 years

Impact: Without the federal ITC, Vermont homeowners face a 4.6-year longer payback period — paying $6,930 more out of pocket.

Net Metering Policy — Vermont

How Vermont compensates your excess solar production

NEM 1.0 Full Retail Net Metering

Full retail rate net metering — you earn the same rate you pay for electricity. Best case for solar savings.

Vermont offers group net metering at full retail rate for systems up to 500 kW under PUC rules.

Cost Per Watt Benchmark — Vermont

Vermont Average

$3.30/W

National Average

$3.05/W

Typical 7kW System

$23,100

$2.00/W $3.50/W $5.00/W

Vermont's average installed cost is above the national average of $3.05/W

Breakeven Timeline

Without the federal ITC, a typical 7kW system in Vermont breaks even in 15.1 years. With the former 30% ITC, payback would drop to 10.5 years.

Without Federal ITC

15.1

years to break even

With Former 30% ITC

10.5

years to break even

Production Details

Peak Sun Hours4 hrs/day
Production1124 kWh/kW/yr
Annual Production$7,869 kWh
Annual Savings$1,535

Ready to Go Solar in Vermont?

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