Solar energy vt

What is solar energy in Vermont?

Solar energy refers to solar electric and, less commonly, solar hot water. In Vermont, investment in solar electric jumped 63% from 2013 to 2014, while system prices fell by 30%—making it an increasingly attractive choice for homes and businesses. This technology offers Vermonters a greater degree of energy self-reliance and price stability.

Can you buy solar energy in Vermont?

When owning is impractical, options exist for buying from a shared solar resource—through group net metering. Many Vermont utilities also rely on solar for a substantial amount of the power they provide to their customers. Regardless of how you buy or produce it, solar energy is cost competitive with other sources of power.

What is distributed solar generation in Vermont?

Distributed generation refers to homes or businesses with their own energy sources (like rooftop PV). When owning is impractical, options exist for buying from a shared solar resource—through group net metering. Many Vermont utilities also rely on solar for a substantial amount of the power they provide to their customers.

Why do Vermont utilities use solar?

Many Vermont utilities also rely on solar for a substantial amount of the power they provide to their customers. Regardless of how you buy or produce it, solar energy is cost competitive with other sources of power. Distributed or centralized: flexible solutions for most situations

How much does a solar system cost in Vermont?

A Vermonter’s Guide to residentiAl solAr 49 loan at 3.5 percent to cover the upfront cost of buying the system. The total cost of the system is $20,000, and the homeowner receives $6,000 from the federal tax credit, so the cost after the tax credit is $14,000.

How do solar panels work in Vermont?

Sunlight hitting the PV panels causes the electrons in the silicon wafers to move around rapidly, creating an electrical charge that is captured, then typically converted to alternating current (AC) and used to power homes, businesses or whole communities. In Vermont, solar panels produce most of their potential power during the summer months.