Solar Savings Calculator for St. Albans, VT
Homeowners in St. Albans pay an average of $135/month for electricity through Vermont Electric Cooperative. With 3.8 peak sun hours per day, solar panels can significantly reduce your energy costs.
$135
Avg Monthly Bill
21.5¢/kWh
Electricity Rate
3.8h/day
Peak Sun Hours
$44,854
Est. 25-Year Savings
Calculate Your Savings in St. Albans
Adjust Your Details for St. Albans, VT
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
5.6 kW
Panel Count
14 panels
Total System Cost
$16,520
Federal Tax Credit (30%)
-$4,956
Net Cost
$11,564
Annual Savings
$1,620
Payback Period
7.1 years
25-Year Savings
$44,854
Return on Investment
388%
* Estimates based on 3.8 peak sun hours/day in St. Albans, VT, system cost of $2.95/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for St. Albans
Utility & Permits
- Utility Company
- Vermont Electric Cooperative
- Permit Cost
- $300
- Permit Timeline
- 2-4 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 5.6 kW
- Panel Count
- 14 panels
- Gross Cost
- $16,520
- Net Cost (after credits)
- $11,564
Available Incentives for St. Albans, VT
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
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