Electricity Rates in Vermont

Of the 17 electric suppliers in Vermont, 100.00% of them report that they offer net metering. Regulations put in place at the state level are above average for consumers interested in installing solar or other alternative electricity generation sources.

The state has 4 companies who are reporting energy loss. The average energy loss for these suppliers is 4.75%. The US average for energy loss is 2.43%, which earns a rank of 45th best in the United States for Vermont in this category.

Motivating citizens to purchase private solar panels can sometimes be a challenge due to high initial costs. States can help by enacting rebates and tax breaks for solar panel installs. Vermont currently offers no state tax credit to consumers who purchase solar at their place of residence. There are currently no state sponsored rebates available to consumers who are considering purchasing solar. Vermont residents have the ability to apply a 100% property tax exemption for the purchase of solar, which is great news for the consumer and solar efforts. Fortunately, consumers in the state have a 100% sales tax exemption for the install of private solar. This is as good as it gets.

Whether a consumer is able to seek out electricity plans with renewable fuels is at least partially determined by statewide initiatives. Many states require renewable fuels to make up a portion of the fuel used for electricity generation. These stipulations are called Renewable Portfolio Standards (RPS). The state of Vermont requires electric providers to produce at least 25% of their electricity from renewable fuels. Furthermore, there are currently no low income solar programs to encourage low income families to install solar panels.