Solar power in Madison, Wisconsin
Madison Electric and Gas offers its Madison customers a net metering program. Madison Gas and Electric will pay its solar customers for excess electricity their solar system generates at the full retail rate of electricity. The utility measures electricity usage every 15 minutes and if energy production exceeds energy consumption, the customer is credited on their bill.
Madison residents can take advantage of the MadiSUN Focus on Energy rebate. This incentive provides a rebate equal to 12% of the installed cost of a solar system, up to $2,000. Combine this with the federal solar tax credit and almost half of the cost of your system is covered! And that doesn’t take into account how much you’ll save through net metering.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Madison to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Madison and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Madison, Wisconsin in 2020 is $2.58 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Madison, WI is $12,900. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 4.62kW solar system in Madison, WI
This system would offset 100% of your energy usage if your typical monthly bill is $91, however your situation may vary so try our Madison solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
6 Years 7 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 4.62kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Madison, WI that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in Wisconsin
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in Wisconsin
Check out all of the ways energy providers of Wisconsin can help you be more energy efficient and save money.
The following programs are available:
|Residential Renewable Energy Tax Credit||Federal||Personal Tax Credit|
|Wisconsin Focus on Energy Partnership||State||Rebate Program|
|Net Metering||State||Net Metering|
|Renewable Energy Systems Property Tax Exemption||State||Property Tax Incentive|
|Renewable Energy Sales Tax Exemption||State||Sales Tax Incentive|
|Madison Electric and Gas - Net Metering||Utility||Net Metering|
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.