1 Lazard: Levelized Cost of Energy Analysis
2 Green Mountain Energy rebate amount varies by project, system size, location, and availability of additional rebates. The average rebate is $3,200, and the actual rebate ranges from $892 to $5,625 (based on projects funded between January 2020 and December 2020). To qualify, complete a solar installation with a Green Mountain installation partner, sign up for a 24-month minimum term on the Renewable Rewards Buyback Plan, and sign and submit a Green Mountain Solar Rebate Agreement, agreeing to provide feedback on the installation experience. If eligible, customer will receive the SolarSPARC rebate within 30 days of submitting a completed rebate request, including verification of completed solar installation. The SolarSPARC rebate is offered at the discretion of Green Mountain and may be stopped at any time.
3 Savings based on average system size and offset for a customer who installed through Green Mountain Energy, comparing their total electricity costs over the 30-year life of the system to the next-least-expensive publicly available buyback plan on the market as of 2022.
4 Source: U.S. Environmental Protection Agency, 2019. Waste Reduction Model (WARM), Version 15, February; impact statistic based on the average vehicle carbon emissions per mile driven in the U.S.
5 According to the 2015 Lawrence Berkeley Lab study “Selling Into the Sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes.”