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Residential Rate
Your Project, Our Responsibility — No lead sharing. Your dedicated NuWatt team handles design, permits, and installation.
Based on 8kW system at current rates
System Cost
$24,992
Vermont State Incentive
-$800
Net Cost
$24,192
Payback Period
12.6 years
Annual Savings
$1,920
25-Year Savings
$70,002
Village of Hyde Park Electric serves customers in Hyde Park in Vermont with a residential electricity rate of $0.20 per kWh. This is 19% above the national average of $0.168/kWh, meaning solar savings are especially significant for customers looking to reduce their energy costs.
At current rates, a typical Village of Hyde Park Electric household using 900 kWh per month spends approximately $2,160 per year on electricity. An 8 kW solar system can offset most or all of that usage, saving an estimated $1,920 annually and $70,002 over the 25-year life of the system. With Vermont incentives of $800, the net system cost drops to $24,192, with a payback period of just 12.6 years.
As a municipal utility, Village of Hyde Park Electric sets its own rates and policies independently. Village of Hyde Park Electric offers net metering, allowing solar customers to receive credits for excess energy sent back to the grid. Heat pump rebates of up to $475 are also available.
The federal residential solar tax credit (Section 25D) expired at the end of 2025. State and utility-level incentives are now the primary financial benefits for homeowners going solar. NuWatt Energy handles the entire process from system design through permits and Village of Hyde Park Electric interconnection, ensuring you receive every available rebate.
Net Metering
Available
Third-Party Ownership
PPAs/Leases allowed
Heat Pump
$475
Rebate available
Efficiency Vermont HP Rebate
$375-$475/unit
EVT Weatherization
Up to $9,500
Community Solar
Rate benefit
Review your recent Village of Hyde Park Electric electricity bills to understand your average monthly kWh consumption. This helps determine the right solar system size. Most Village of Hyde Park Electric customers use between 600-1,200 kWh per month.
Request a free, no-obligation solar estimate from NuWatt Energy. We analyze your roof, energy usage, and local sun exposure to design the optimal system for your home.
Receive a detailed proposal including system size, expected production, savings projections, and financing options. NuWatt offers cash purchase, solar loans, and lease options to fit your budget.
NuWatt takes care of all permitting and submits the interconnection application to Village of Hyde Park Electric on your behalf. We handle all the paperwork so you don't have to.
Our certified installation team completes your solar installation in 1-3 days. NuWatt manages your entire project from start to finish.
After installation and inspection, Village of Hyde Park Electric activates your net metering connection. Your system begins generating clean energy and reducing your electricity bill from day one.
Towns Served
ZIP Codes (1)
At $0.20/kWh, Village of Hyde Park Electric customers see strong returns from solar.