| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Vermont |
| Incentive Type: | Performance-Based Incentive |
| Web Site: | http://www.greenmountainpower.com/innovative/solar/faqs/ |
| Administrator: | Green Mountain Power |
| Start Date: | 07/01/2008 |
| Eligible Renewable/Other Technologies: | Solar Photovoltaics |
Green Mountain Power, an investor-owned electric utility operating in Vermont, offers a credit to customers with net-metered photovoltaic (PV) systems. In addition to the benefits of net metering, Green Mountain Power customers with a PV system less than 15 kilowatts (kW) receive a credit of $0.053 per kilowatt-hour (kWh) of electricity generated by the system. PV installations larger than 15 kW receive a credit of $0.043 per kWh. This credit is available to all customers of Green Mountain Power. The incentive does not have a specified duration or expiration date.
In order to net meter, customers must first apply for and receive a "Net Metering Certificate of Public Good" from the Vermont Public Service Board (PSB). Net metering in Vermont is generally available to systems up to 500 kilowatts (kW) in capacity. An additional meter must be installed to record each system's output.
Interested customers should contact customer service at 1-888-835-4672 for more information.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
