Vermont Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 12/20/2012
Program Overview:
| State: |
Vermont |
| Incentive Type: |
Performance-Based Incentive |
| Eligible Renewable/Other Technologies: |
Photovoltaics |
| Applicable Sectors: |
Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Fed. Government, Agricultural, Institutional |
| Amount: | $0.06 credit per kilowatt-hour (in addition to the value from net metering). |
| Terms: | System must be net-metered |
| Equipment Requirements: | An additional meter and disconnect switch are required |
| Ownership of Renewable Energy Credits: | Customer |
| Start Date: | 7/1/2008 |
| Web Site: |
http://www.greenmountainpower.com/renewable/solar/faqs/
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Summary:
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 receive a credit of $0.06 per kilowatt-hour (kWh) of electricity generated by the system. 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. Customers retain ownership of the renewable-energy credits (RECs) associated with the electricity generated by PV systems.
Interested customers should contact customer service at 888-835-4672 for more information. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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