Solar Panel Cost in
Vermont

Updated 9/25/2021

How much do solar panels cost in Vermont in 2021?

As of September 2021, the average solar panel cost in Vermont is $2.99/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Vermont ranges in cost from $12,708 to $17,192, with the average gross price for solar in Vermont coming in at $14,950. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Vermont

System Size System Cost System Cost (after ITC)
3 kW $8,970 $6,638
4 kW $11,960 $8,850
5 kW $14,950 $11,063
6 kW $17,940 $13,276
7 kW $20,930 $15,488
8 kW $23,920 $17,701
9 kW $26,910 $19,913
10 kW $29,900 $22,126

2021 average solar panel cost graph in Vermont

for a 5kW system

Great Price
$12,708 or less
Market Average
$14,950
Above Market
$17,192 or more

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local VT incentives, tax credits & rebates.

Payback Period

10.02 Years

20-Year Savings

$24,393

Cost per Watt

$2.99

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