$132
690 kWh
15 lbs
Average solar panel installation
$21,873Federal Incentives
$6,562Total
$15,311
Average monthly bill without solar
$132Average monthly bill with solar
$0Solar will pay for itself in
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The estimated cost to install solar at your house is $21,873. We calculated this because we think your electricity usage for the year is about 8280 kWh, and a 6.63 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $3.30/W, which we get from Energy Sage.
The current electricity costs for Green Mountain Power Corp are 19¢/kWh. So, by replacing 100% of your usage, you’ll save $1,578 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 12.44 years. If the costs of Green Mountain Power Corp electricity rise 3%, then your savings will pay for your solar system in 12.08 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 870 kWh in July, to a low of 400 kWh in November. For the entire year, we estimate that your 6.63 kW sized system would produce 8280 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $6,562. The state of Vermont generally uses GMP Residential Rate 1 energy rate for net metering. This means that when you produce more electricity than your house uses, the utility will pay you GMP Residential Rate 1 energy rate for the extra electricity.
There are 5 solar installers that operate in Vermont. WattBuy recommends EnergySage.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.