Electricity rates and solar savings in Vermont

Electricity Rates in Vermont

Average residential electricity cost, utility comparison, and solar savings potential for Vermont homeowners.

$0.20
Avg Rate ($/kWh)
$184
Avg Monthly Bill
+25%
vs National Avg
$145/mo
Solar Savings

Vermont Electricity Cost Overview

The average residential electricity rate in Vermont is $0.20 per kWh, which is 25% above the national average of $0.16/kWh.Vermont homeowners pay an average of $184 per month for electricity, based on typical usage of 921 kWh per month.

Electricity rates in this state have been trending upward over the past decade, following national patterns of rising energy costs. As rates continue to increase, solar panels become an increasingly attractive way for homeowners to lock in their energy costs and achieve long-term savings.

Major Electric Utilities in Vermont

Utility CompanyAvg Rate ($/kWh)CustomersEst. Monthly Bill
Green Mountain Power$0.20270K$184
Vermont Electric Cooperative$0.1933K$175
Burlington Electric$0.1722K$157

How Solar Compares to Vermont Electricity Rates

Without Solar

  • Monthly bill: $184
  • Annual cost: $2,208
  • 25-year cost: $55,200
  • Rate trend: Rising 2-5% annually

With Solar

  • Monthly savings: $145
  • Annual savings: $1,740
  • 25-year savings: $30,000
  • Rate: Locked in for 25+ years

Electricity Rates FAQ - Vermont

The average residential electricity rate in Vermont is $0.20 per kilowatt-hour (kWh), which is 25% above the national average of $0.16/kWh. The average monthly electric bill is approximately $184.

With solar panels, Vermont homeowners can reduce their electricity costs by approximately 79%, saving around $145 per month or $30,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.

The largest electric utilities in Vermont include Green Mountain Power, Vermont Electric Cooperative, Burlington Electric. Rates vary between utilities, so your exact cost depends on your provider and usage.

Yes, electricity rates in Vermont have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.

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Electricity Rates by City in Vermont

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30%Federal Tax Credit
25+Year Savings
$0Down Options