Solar Panel Savings in Madison, WI
Calculate how much you can save with solar panels in Madison, Wisconsin. Based on 3.8 peak sun hours/day and 14.9¢/kWh average electricity rate.
3.8
Peak Sun Hours/Day
14.9¢
Avg Rate (¢/kWh)
11.6 yr
Payback Period
$13k
25-Year Savings
Madison Solar Overview
Calculate Your Madison Solar Savings
Madison average: $134/mo
South-facing roofs produce the most energy
Add $8,000-$12,000 for whole-home battery backup
Annual Production
kWh/year
Annual Savings
per year
Net System Cost
after 30% ITC
Payback Period
break-even time
25-Year Total Savings
$33,919
Monthly Savings
$83
Federal Tax Credit
$4,950
Cumulative Savings vs System Cost
Cost Breakdown
| Item | Madison | National Avg |
|---|---|---|
| Gross System Cost (6kW) | $16,500 | $17,100 |
| Federal Tax Credit (30%) | -$4,950 | -$5,130 |
| Net System Cost | $11,550 | $11,970 |
| Cost Per Watt | $2.75/W | $2.85/W |
Solar Potential in Madison
Sun Hours vs National Average
Madison gets 16% less sun than the national average, but high-efficiency panels compensate.
Climate Advantages
- 174 sunny days per year
- Average temperature: 57.4°F — cooler temps actually improve panel efficiency
- Average roof size: 1,648 sq ft — enough for a 91-panel system
Madison Solar Incentives & Programs
Federal Investment Tax Credit (ITC)
30% of total system cost deducted from federal taxes. For a $16,500 system, that's a $4,950 credit. Valid through 2032.
Wisconsin State Incentives
Wisconsin Focus on Energy rebates; net metering at full retail.
Net Metering — Madison Gas & Electric (MGE)
Madison Gas & Electric (MGE) offers net metering in Madison. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.
Environmental Impact in Madison
2.8
Tons CO2 Offset/Year
46
Equivalent Trees Planted
0.6
Homes Worth of Energy
Based on 6,658 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.
Solar Energy in Madison, Wisconsin
Madison, Wisconsin receives an average of 3.8 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 14.9¢ per kWh from Madison Gas & Electric (MGE), near the national average, solar provides competitive returns on investment.
A typical 6kW solar system in Madison produces approximately 6,658 kWh per year, saving homeowners an estimated $993 annually. The system pays for itself in about 11.6 years, after which you enjoy essentially free electricity for the remaining 13+ years of the system's warranty life.
Madison has a solar penetration rate of 0.7% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 92 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.
Other Cities in Wisconsin
Appleton, WI
Eau Claire, WI
Green Bay, WI
Kenosha, WI
Milwaukee, WI
Oshkosh, WI
Racine, WI
Frequently Asked Questions
How much do solar panels cost in Madison, WI?
The average cost of a 6kW solar panel system in Madison is approximately $16,500 before incentives ($2.75/watt). After the 30% federal Investment Tax Credit, the net cost is about $11,550. Wisconsin Focus on Energy rebates; net metering at full retail.
How many peak sun hours does Madison get?
Madison, WI receives an average of 3.8 peak sun hours per day and approximately 174 sunny days per year. While below the national average, solar panels can still provide significant savings due to advancing panel technology.
What is the solar payback period in Madison?
The average solar payback period in Madison is approximately 11.6 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $13,275.
Does Madison have net metering?
Yes, Madison has access to net metering through Madison Gas & Electric (MGE). This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.
Is solar worth it in Madison, WI?
Yes, solar is a solid investment in Madison. While the 11.6-year payback is moderate, you'll still save $13,275 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.