Sunrun 电子货币怎么用home Solar Panels Vermont

Vermont Solar Incentives

Go Solar with Sunrun and Enjoy Vermont’s Solar Benefits

-45%

Vermont’s solar price drop over the last five years.1

90%

State electricity generation that will come from clean, renewable energy sources by 2050.2

26%

Solar power in Vermont is more cost-effective vs. other states.3

Vermont’s electricity rates are more than 43% higher than the national average,4 but increased control of electric bills isn’t the only reason Vermonters are going solar. When you switch to solar, you can also create and store your own clean, renewable energy to protect your 电子货币怎么用home from outages and reduce your carbon emissions. Plus, there are excellent state incentives to help you start your solar journey for less.

As the country’s leading residential solar and energy storage company,5 we work to ensure you can gain energy independence while making the most out of the Green Mountain State’s incentive programs, tax credits, and solar rebates with your new Sunrun system.

Discover the Incentives You Can Get with Solar Energy in Vermont*

Incentive

Value

Federal Solar Investment Tax Credit (ITC)**

The 26% federal tax credit is available for purchased 电子货币怎么用home solar systems installed by December 31, 2022.6

Renewable Energy System Property Tax Exemption

Property tax exemption that excludes the added value of a solar installation in Vermont from the 电子货币怎么用home’s value for tax purposes.7

电子货币怎么用home Solar System Sales Tax Exemption

6% 电子货币怎么用home solar system state sales tax exemption.8,9

Green Mountain Power’s (GMP) Bring Your Own Device (BYOD) Program

GMP customers can get up to $10,500 toward the purchase of a new 电子货币怎么用home battery when they enroll in their BYOD program.10

Find out if You Qualify for Vermont Solar Incentives

Learn the Details of Vermont Solar Incentives

Buy and install new Vermont solar panels in 2021, with or without a 电子货币怎么用home battery, and qualify for the 26% federal solar tax credit. The residential ITC drops to 22% in 2023 and ends in 2024.6

Approximate average-sized 5-kilowatt (kW) system cost in VT: $14,905 Approximate system cost in VT after the 26% ITC in 2021: $11,03011

Buy a new 电子货币怎么用home solar system in Vermont and your property taxes won’t go up.7 Installing a system could also help you build 电子货币怎么用home value.

When you purchase new solar panels in Vermont, you don’t pay sales taxes.8 The exemption is for 100% of the sales tax on an eligible 电子货币怎么用home solar power system or solar water heating (SWH) system. This can save you 6% right off the bat.9

If you’re a GMP customer, you can get up to $10,500 toward the purchase of a new 电子货币怎么用home solar battery if you enroll in their BYOD program and choose to share your excess stored energy with GMP.10

You have the freedom to team up with the Vermont solar installer of your choice and pick the solar battery you want for your 电子货币怎么用home. You can also decide on the amount of stored solar power you want to share with GMP.10

Ready to Create and Store Clean Energy in Vermont?

Do you own your 电子货币怎么用home?

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DISCLAIMERS:

*Customer’s ability to monetize rebates, incentives, and tax credits depends on several factors, including, without limitation, continued state subsidization of these policies, the applicable Sunrun product type, and whether a customer purchases or leases a 电子货币怎么用home solar system from Sunrun.

**We recommend contacting a tax professional to most accurately determine the impact of the solar Investment Tax Credit (ITC) on your federal taxes.

 

SOURCES:
  1. Vermont solar price drop
  2. Vermont renewable energy goal
  3. Vermont solar cost-effectiveness
  4. Vermont electricity costs
  5. Sunrun ranked as leading residential solar-plus-storage vendor
  6. Federal Solar Investment Tax Credit (ITC)
  7. Vermont solar property tax exemption
  8. Vermont solar state tax exemption
  9. Vermont state sales tax
  10. Green Mountain Power (GMP) Bring Your Own Device (BYOD) program
  11. Vermont solar panel costs
  12. GMP net energy metering (NEM) program
  13. Vermont Electric Power Company (VELCO) NEM program