State Overview

Vermont

National Solar Capacity Ranking: 42nd

Data Current Through: Q2 2025

 

Just The Facts

  • Solar Installed (MW):

    441

  • National Ranking:

    42nd (49th in 2024 additions)

  • Enough Solar Installed to Power:

    75,577 homes

  • Percentage of State's Electricity from Solar:

    17.00%

  • Solar Jobs:

    1,168

  • Solar Companies in State:

    66 (9 Manufacturers, 38 Installers/Developers, 19 Others)

  • Total Solar Investment in State:

    $915 million

  • Prices have fallen:

    42% over the last 10 years

  • Growth Projection and Ranking:

    87 MW over the next 5 years (ranks 50th)

  • Number of Installations:

    10,673

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Vermont State Solar Policy Resources

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