National Solar Capacity Ranking: 39th
Data Current Through: Q3 2024
436
39th (47th in 2023)
75,984 homes
16.39%
1,168
76 (12 Manufacturers, 38 Installers/Developers, 26 Others)
$868 million
37% over the last 10 years
153 MW over the next 5 years (ranks 49th)
10,527
DSIRE Incentives Database – Vermont – Search a public clearinghouse for specific solar energy incentives in Vewrmont and across the United States
Vermont Public Service Board – Learn about the governing body that regulates the electricity rates and services of Vermont public utilities
Vermont Solar Panels Overview – Learn about the history of solar policy in Vermont, along with up-to-date pricing information on EnergySage
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
Solar Panel Cost in Vermont – Learn about the history of solar policy in Vermont, along with up-to-date pricing information on EnergySage
Solar Rebates & Incentives in Vermont – Check out EnergySage’s list of key solar incentives in Vermont to see what programs you can benefit from
State Affiliate: New England Solar Energy Association
U.S. Energy Information Administration – Vermont State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government
Vermont Energy Storage Policy and Market Overview
Vermont’s energy storage market is steadily expanding, reducing customer electricity bills, and providing grid resilience. Regulatory actions by the Public Utility Commission and legislators, utility-offered incentives, and third-party ownership models are leading the market charge.
Vermont has opted to adopt a cost-effective market approach to storage deployment, which has built the state an impressive storage arsenal. At the start of 2024, the state had 55 MW of battery storage capacity, and another 20 MW in development. Government funded feasibility studies are reducing market uncertainty, and state offered tax credits are reducing market barriers.
The establishment of various tax policies, state grant funding, and third-party ownership programs are alleviating the stress of homeowners and businesses entering the market. Green Mountain Power’s BYOD program is yielding wild success, with storage installations outnumbering solar ones in Q2 (2024). Utility grid service programs, and state tax reductions are key steps gradually advancing Vermont’s storage market and creating opportunities for cross-sectional growth.
Vermont Energy Storage Policy Resources
Notifications