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Get a Free QuoteFull Retail Rate credits at $0.2112/kWh · Vermont · Residential cap 15kW
$0.21/kWh
Credit Rate
15 kW
Residential Cap
$14.59
Min Monthly Bill
annual
Credit Rollover
Last updated: 2025-01-01
Green Mountain Power (VT) customers earn $0.2112/kWh per kWh through full retail ratenet metering credits — dollar-for-dollar against your retail rate. Credits roll over and expire annually with anniversary date annual true-up at avoided cost. The typical Green Mountain Power customer with a 8kW system saves $1,901.28 per year.
Net metering lets you earn credits for surplus solar energy sent back to the grid. Here is how it works with Green Mountain Power.
Solar panels are installed on your roof or property and wired to an inverter.
Your system is interconnected with the utility grid through a bidirectional meter.
Panels produce electricity throughout the day, powering your home first.
A smart meter measures electricity flowing both to and from the grid in real time.
Excess energy sent to the grid earns credits that offset your future electric bills.
All current residential rate schedules relevant to net-metered solar customers. Understanding your rate schedule is critical for accurately estimating savings.
| Plan Name | Rate | Fixed Charge | TOU Available | Peak Rate | Off-Peak Rate |
|---|---|---|---|---|---|
| Residential Rate 01 | $0.2112/kWh | $14.59/mo | No | — | — |
| Residential TOU Rate 71 | $0.2112/kWh | $14.59/mo | Yes | $0.2535/kWh | $0.1690/kWh |
Peak hours: Mon-Fri 4pm-9pm
Based on a typical Green Mountain Power household using 900 kWh/month with a 8kW system generating 750 kWh/month.
Estimated Annual Savings
$1,901.28
$158.44/month average
Your credits depend on system size, utility, and local rates.
Calculate My SavingsResidential Cap
15 kW AC
Commercial Cap
500 kW AC
Interconnection Fee
Free ($0)
Application Timeline
2-4 weeks
Permit Required
Yes, local building permit required
Inspection
Utility inspection required before PTO
Meter Type
Bidirectional smart meter
Minimum Monthly Bill
$14.59
GMP continues to offer innovative battery leasing programs (Powerwall) that pair with net metering
Vermont PUC maintained retail rate net metering for systems up to 15kW
GMP Bring Your Own Device battery program expanded for solar customers
Updated residential rates for 2026 with moderate increase
Some third-party sources may still display outdated net metering data for Green Mountain Power. The information on this page is sourced directly from utility filings and verified as of 2025-01-01.
What Green Mountain Power customers need to know about net metering in 2026.
Green Mountain Power credits solar exports at 100% of the retail rate ($0.2112/kWh) for systems up to 15kW.
GMP serves approximately 270,000 customers, covering about 75% of Vermont electricity customers.
Vermont has one of the highest per-capita solar adoption rates in the country, driven by strong net metering and environmental values.
GMP offers a unique Tesla Powerwall battery leasing program at $55/month, which integrates with net-metered solar.
Excess credits at annual true-up are compensated at avoided cost (~$0.06/kWh) rather than being forfeited entirely.
The 15kW residential cap is more restrictive than most New England states, so system sizing is important.
GMP Bring Your Own Device (BYOD) program pays $850/year for customers who provide battery capacity for grid support.
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Common questions about Green Mountain Power net metering.
Primary Source
GMP Rate 01 / Rate 71 Tariff ScheduleLast Verified
2025-01-01
Methodology
Rate data and policy details are sourced directly from Green Mountain Power's published tariff schedules and interconnection standards. We verify this data monthly against utility filings and update the page within 48 hours of any confirmed policy change.
See how much you can save with Green Mountain Power net metering credits at $0.2112/kWh. Our Vermont solar experts will design a system optimized for your utility rate plan.