Are Solar Panels Worth It in Vermont? Data-Backed Analysis
~
Maybe
Solar may be worth it in Vermont depending on your situation.
The Numbers
Average System Cost
$165,496
30.2 kW system
After Federal ITC
$115,847
30% tax credit applied
Total Installations
27,681
61% residential
Factors in Favor
- ✓27,681 installations demonstrate strong market adoption
- ✓Federal 30% Investment Tax Credit available to all homeowners
Things to Consider
- !Above-average installation cost ($5.48/W vs national $4.18/W)
Vermont vs National Average
| Metric | Vermont | National |
|---|---|---|
| Cost per Watt | $5.48 | $4.18 |
| Total Installations | 27,681 | 3,426,466 |
| Total Capacity | 837 MW | - |
Frequently Asked Questions
The average solar system in Vermont costs approximately $165,496 (avg 30.2 kW system at $5.48/W). After the 30% federal ITC, your net cost would be around $115,847.
All Vermont homeowners are eligible for the federal 30% Investment Tax Credit (ITC), which reduces the cost by approximately $49,649. Additional state and local incentives may further reduce your costs. Visit our Vermont incentives page for a complete breakdown.
Vermont has 27,681 solar installations, showing strong market adoption. Whether solar is worth it depends on your specific situation, electricity usage, and roof orientation.
Source: LBNL Tracking the Sun, U.S. Department of Energy, EIA. Costs and savings are estimates based on average residential installations and may vary.