Vermont Page in the Database of Sate Incentives for Renewables and Efficiency. This page describes the state's net metering policy, as well as information about recent legislation (HB56) to amend the policy, leading to the implementation of the net metering bonus.
The federal tax credit for residential energy property was initially passed in 2005, and greatly expanded in 2008 and again by The American Recovery and Reinvestment Act of 2009. Originally set to expire at the end of 2016, it was extended for five years.
A taxpayer may claim a credit of 30% of qualified expenditures for a system that serves a dwelling unit located in the United States and used as a residence by the taxpayer (does not have to be principal residence).
Article from Times-Argus, Printed August 11, 2011. After the acquisition of CVPS by the company that owns Green Mountain Power, Rutland-area residents will benefit from the policy, originated with Green Mountain Power and now law, of paying energy producers $0.06 bonus per kiliowatt, in addition to what they are saving by generating their own power.