 | This article needs to be updated. (April 2018) |
Solar power in Vermont provides almost 11% of the state's in-state electricity production as of 2018.[1] A 2009 study indicated that distributed solar on rooftops can provide 18% of all electricity used in Vermont.[2] A 2012 estimate suggests that a typical 5 kW system costing $25,000 before credits and utility savings will pay for itself in 10 years, and generate a profit of $34,956 over the rest of its 25-year life.[3]
Net metering is available for up to at least 500 kW generation, but is capped at 15% of utilities peak demand. Excess generation is rolled over each month but is lost once each year. Group net metering is also allowed.[4] Vermont is given an A for net metering and a C for interconnection.[5] A feed-in tariff was created in 2009, but is limited to 50 MW and is fully subscribed. The cap increases by 5 to 10 MW/year starting in 2013 until it reaches 127.5 MW in 2022. It is available for solar, wind, methane, and biomass.[6][7] Seven solar projects are receiving payments, of $0.30/kWh, for 25 years.[8]
- ^ "Solar Spotlight - Vermont" (PDF). www.seia.org. June 2019. Retrieved August 11, 2019.
- ^ Witkin, Jim (October 30, 2009). "Report Argues for a Decentralized System of Renewable Power Generation". Green Blog.
- ^ "Guide to Vermont Home Solar Incentives, Rebates, and Tax Credits". Solar Power Rocks.
- ^ Vermont Net Metering Archived 2012-05-10 at the Wayback Machine
- ^ Freeing the grid Archived 2012-06-16 at the Wayback Machine
- ^ Standard Offer Program Archived 2012-07-27 at the Wayback Machine
- ^ Standard Offer for Qualifying SPEED Resources Archived 2012-05-27 at the Wayback Machine
- ^ Monthly Production Archived 2012-07-27 at the Wayback Machine