Vermont Electricity Rates & Average Electricity Bills

Electricity Rates in Vermont

Electricity Rates, Plans & Statistics

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Electricity Companies & Statistics in Vermont

  • Population
    see rank
    647,064
  • Total Production
    see rank
    2,123,452 MWh / 3.28 MWh per capita
  • Total Consumption
    see rank
    5,381,316 MWh / 8.32 MWh per capita
  • Total Production from Renewable
    see rank
    2,118,299 MWh / 3.27 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    1,594,773,395 kg / 2,464.63 kg per capita
  • Total Production from Non-Renewable
    see rank
    2,768 MWh / 0 MWh per capita
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Average Residential Electricity Bills & Rates in Vermont

Vermont residential electric rates are highest in October and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.221/kWh$0.167/kWh$150.30/mo.$79.13/mo.
42nd21.20¢Average residential price per kWh in the state of Vermont
20th$120.66Average residential monthly electricity bill for Vermont Residents

Vermont Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2023 and 2022 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.
AnnualAnnual data for 2022 will be finalized in the fall of 2023. Until that time, some data may be incomplete. Data for 2023 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Vermont's Electricity Prices and Usage

Vermont has an average electric rate of 21.20 cents per kilowatt hour. This is 31.48% higher than the US average rate of 16.12 cents. The state has a regulated electricity market, meaning customers may only have one or two electricity provider choices to choose from when obtaining electricity. Customers living in the state average a per capita consumption rate of 8.32 megawatt hours of electricity per year. Growing 6.08% within the previous year, renewable fuels continually make up a bigger share of the fuels used for electricity production in Vermont. Customers in the state experience 1.97 power outages on average, with outages lasting about 280.8 minutes. The national averages for these data points are 1.27 outages and 137.24 minutes. The state is home to 647,064 residents, resulting in it being the 51st largest state by population in the US.

Residential Electricity Providers in Vermont

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Green Mountain PowerBUNDLED21.40123.881,571,177336,234,000530,290.91
Vermont Electric CooperativeBUNDLED22.12123.52239,431.7652,956,108
Burlington ElectricBUNDLED18.277587,356.8715,962,995117,197.5
Washington Electric CoopBUNDLED26.37125.2158,172.3715,337,561.1549,443
Lyndonville ElectricBUNDLED17.4493.3129,058.365,068,369.351,743
Swanton ElectricBUNDLED14.1491.0623,549.283,329,260.9547,990
Stowe ElectricBUNDLED22.63134.3123,027.615,210,814.71,263
Hardwick ElectricBUNDLED22.45107.3122,646.095,083,283.22
Morrisville Water and LightBUNDLED16.5479.9320,231.373,346,802.953,345
Ludlow ElectricBUNDLED13.1766.4617,005.632,239,790.16
17 providers total

Commercial Electricity Providers in Vermont

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Green Mountain PowerBUNDLED18.60475.771,452,252270,098,000530,290.91
Burlington ElectricBUNDLED17.15600.95164,951.1628,284,961117,197.5
Vermont Electric CooperativeBUNDLED17.42376.41130,556.2622,748,911
Stowe ElectricBUNDLED17.77732.7241,279.967,334,543.681,263
Swanton ElectricBUNDLED13.42667.4124,632.513,306,363.6347,990
Ludlow ElectricBUNDLED15.57370.8519,131.62,978,288.98
Morrisville Water and LightBUNDLED16.34355.0716,942.452,768,468.733,345
Lyndonville ElectricBUNDLED16.90184.6411,166.961,887,536.241,743
Washington Electric CoopBUNDLED24.45163.185,053.241,235,587.7349,443
Hardwick ElectricBUNDLED22.75239.334,812.351,094,699.42
17 providers total

Power Plants in Vermont

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
J C McNeilBurlington Electric (50.00%)Vermont Public Power Supply Authority (19.00%)Green Mountain Power (31.00%)
Burlington Wood/Wood Waste Solids 182,961249,043,144.71,361.18
Kingdom Community WindGreen Mountain Power (100.00%)
Orleans County Wind 157,502
Deerfield Wind LLCAvangrid (100.00%)
Bennington County Wind 87,041
Sheffield WindTerraForm Power (100.00%)
Caledonia County Wind 64,870
Essex Junction 19Green Mountain Power (100.00%)
Essex Junction Conventional Hydroelectric 51,394107,124.022.08
Coolidge Solar 1, LLCNextEra Energy (100.00%)
Windsor County Solar 27,297
Georgia Mountain Community Wind FarmGreenbacker Renewable Energy Corporation (100.00%)
Chittenden County Wind 24,857
Searsburg Wind TurbineGreen Mountain Power (100.00%)
Bennington County Wind 9,286
GMP Solar/Storage-Ferrisburgh HybridGMP VT Microgrid LLC (100.00%)
Addison County Solar 8,797
GMP Solar/Storage-Milton HybridGMP VT Microgrid LLC (100.00%)
Chittenden County Solar 8,399
21 power plants total

Quick Facts

Vermont is 44th in the national rankings for total megawatt hours generated from sustainable energy, with 2,118,299.22 megawatt hours generated from renewable fuels.

Vermont ranks 38th in the nation in solar power generation, with 208,317.05 megawatt hours produced from solar power.

Vermont has benefited from a 13.14% decline in CO2 pollution from electricity use throughout the most recent year.

Wind produces 343,556 megawatt hours of electricity in Vermont. This equals roughly 0.53 megawatt hours per person in Vermont being generated from wind power, giving the state a rank of 22nd highest in the United States in that category.

By megawatt hours sold, the largest provider in Vermont is Green Mountain Power.

Vermont has accomplished a 35.89% curtailment in the use of non-renewable fuel types for electricity production during the course of the previous 12 months, which is an admirable effort.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Addison County37,3062321.41$123.87/mo
Bennington County37,2351221.40$123.88/mo
Caledonia County30,4026121.66$114.77/mo
Chittenden County169,3013721.54$122.93/mo
Essex County5,972321.71$122.41/mo
Franklin County49,752420.80$121.70/mo
Grand Isle County7,249222.10$123.53/mo
Lamoille County25,920721.13$115.70/mo
Orange County29,2862123.50$124.44/mo
Orleans County27,3174121.90$117.84/mo
Rutland County60,6621221.40$123.88/mo
Washington County59,6094123.30$122.50/mo
Windham County45,811221.31$122.63/mo
Windsor County57,5932321.25$122.80/mo

Power Plant Fuel Types, Emissions & Pollution Factors

The state of Vermont's main fuel type utilized for electricity generation is Conventional Hydroelectric. They generate 1,208,709.99 megawatt hours, or 56.92% of the total generation in the state, from this fuel source. When taken together with Wind (16.18%) and Wood/Wood Waste Solids (14.22%), the three fuel types account for 87.32% of the production in the state. The state's electricity consumption levels result in CO2 emissions totaling 1,594,773,394.86 kilograms, which is the 52nd highest of any state in the nation. A better measurement of pollution is the CO2 emissions per citizen in the state, which amounts to 2,464.63 kilograms of CO2 emissions per person per year from electricity use. Using this measurement the state is the 42nd highest polluting state in the US. There are 21 power plants in Vermont, which is the 43rd most power plants in a state in the US and equates to the 2nd highest rate of plants per person.

CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
56.92%
WIND
Wind
Wind
16.18%
WOOD/WOOD WASTE SOLIDS
Wood/Wood Waste Solids
Wood/Wood Waste Solids
14.22%
SOLAR
Solar
9.81%
LANDFILL GAS
Landfill Gas
2.63%
OTHER
Other
0.13%

Vermont Net Metering

Of the 17 electric suppliers in Vermont, 100.00% of them report that they offer net metering. Regulations put in place at the state level are above average for consumers interested in installing solar or other alternative electricity generation sources.

Energy Loss

The state has 4 companies who are reporting energy loss. The average energy loss for these suppliers is 4.14%. The US average for energy loss is 2.87%, which earns a rank of 38th best in the United States for Vermont in this category.

Solar Taxes And Rebates

Motivating citizens to purchase private solar panels can sometimes be a challenge due to high initial costs. States can help by enacting rebates and tax breaks for solar panel installs. Vermont currently offers no state tax credit to consumers who purchase solar at their place of residence. There are currently no state sponsored rebates available to consumers who are considering purchasing solar. Vermont residents have the ability to apply a 100% property tax exemption for the purchase of solar, which is great news for the consumer and solar efforts. Fortunately, consumers in the state have a 100% sales tax exemption for the install of private solar. This is as good as it gets.

State Level Initiatives

Whether a consumer is able to seek out electricity plans with renewable fuels is at least partially determined by statewide initiatives. Many states require renewable fuels to make up a portion of the fuel used for electricity generation. These stipulations are called Renewable Portfolio Standards (RPS). The state of Vermont requires electric providers to produce at least 25% of their electricity from renewable fuels. Furthermore, there are currently no low income solar programs to encourage low income families to install solar panels.

Learn about going solar in Vermont, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Vermont

Where does Vermont get its electricity?

Conventional Hydroelectric is the primary fuel used for electricity production in Vermont, accounting for 56.92% of generation. Wind and Wood/Wood Waste Solids also account for 16.18% and 14.22% respectively.

How much does electricity cost in Vermont?

Anything below the Vermont average of 21.20 cents per kilowatt hour is a good electricity rate. The rates in the state range from 13.17 cents to 26.37 cents per kilowatt hour, with Ludlow Electric currently having the lowest rates.

What is the cheapest electricity company in Vermont?

What electricity company is the largest supplier in Vermont?

The largest electricity supplier in Vermont by total customer count is Green Mountain Power.

Does Vermont have a deregulated electricity market?

No, the state has a regulated market, where citizens' electricity supplier choices are usually determined by their location or state legislation.

How many power plants are located within Vermont?

Vermont is home to 21 active electricity plants producing electricity for the state.

How many electric companies offer service in Vermont?

There are 17 electricity suppliers operating in Vermont.

What is the average electric bill in Vermont?

The average electricity bill in Vermont in 2024 is $121 while the US average is $138.

What power companies are in Vermont?

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-05-27