Getting Solar Panels In Vermont Is Easier Than You Think

The incentives for getting solar panels in Vermont can be found in both the state-based incentives and the federal tax credit. Also, VT also has above average power prices meaning overall the return on investment for installation of residential solar panels gets in at around 10 years.

Whether you buy solar in ten years, you would have spent the same on electricity either way.  The only variation is if you did purchase solar then it ten years you are looking ahead to at least 15 years of life without a power bill and if you didn't then you will still be giving a monthly bill that it twice or more what you are paying now. I choose solar!! Enter your specifications to calculate the cost and savings you are likely to get from installing solar panels for your home.

When or wherever you install solar panels, one has to take into account the position and availability of the sun. The problem of installing solar panels for your home in Vermont is that there is less overall sunlight beaming in Vermont than some other areas and so a solar system, offers less than it would in some other areas. However, the local incentives more than makeup for this, and I think Vermont homeowners will be kicking themselves they didn't install solar panels while these generous incentives are around.  Incentives are great for getting people to buy solar now, and the more incentives available, the more solar we can have.  

Leasing Or Purchasing Solar Panels For Your Solar Panel Dreams

Meanwhile, third-party ownership of solar panels has made several zero down solar lease and solar PPA products popular in Vermont generally speaking you will make far more significant savings over the life of a system if you purchase your solar panels (whether with cash you have available or through a HELOC loan) rather than enter into a third party owned solar lease or Solar PPA contract.

Net Metering To Keep Track Of Your Solar Power Dreams

Many people don't understand the importance of net metering policy to the residential solar industry.

Solar by its nature generates most power during the middle of the day when most people are at work or school and little energy is being used in the home.Net metering means that for every unit of surplus solar generation (kWh) during the day you effectively get credit for a kilowatt hour (kWh) of power purchased from the grid at another time.

This gives you as an owner of a residential solar system the full retail value of every kWh (kilowatt hour) of power your solar system generates.

Vermont's net metering system does not allow a holdover of any unused solar credits. So if you have created surplus kWh (kilowatt hours) they will vanish at the end of each 12 monthly cycles.

Nevertheless, they do have a system where you can share this credit with family or friends if your credits are more than your bill. Still, this a great incentive may it last an eternity. If you don't think net metering will last an eternity, better contact a local solar professional.

Whether you live in Vermont or any state in the Union of the United States, the price of solar panels has dropped immensely.  At the same time, incentives are abundant throughout the land.  It truly is the best time possible to get your own solar panels.  Here at HahaSmart we can match you with a local installer that will compete for your business and offer you the best price on installations possible. Give us a try!

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