Solar Panel Savings in New London, WI

Calculate how much you can save with solar panels in New London, Wisconsin. Based on 3.6 peak sun hours/day and 15.3¢/kWh average electricity rate.

3.6

Peak Sun Hours/Day

15.3¢

Avg Rate (¢/kWh)

14.9 yr

Payback Period

$33k

25-Year Savings

New London Solar Overview

Population:7,295
Sunny Days/Year:187
Avg Temperature:41°F
Solar Penetration:2.7%
Utility Company:WE Energies
Net Metering:Available

Calculate Your New London Solar Savings

3 kW15 kW

New London average: $138/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

6,307

kWh/year

Annual Savings

$964

per year

Net System Cost

$14,028

after 30% ITC

Payback Period

14.6 yr

break-even time

25-Year Total Savings

$32,928

Monthly Savings

$80

Federal Tax Credit

$6,012

Cumulative Savings vs System Cost

$0k$9k$17k$26k$35kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemNew LondonNational Avg
Gross System Cost (6kW)$20,040$17,100
Federal Tax Credit (30%)-$6,012-$5,130
Net System Cost$14,028$11,970
Cost Per Watt$3.34/W$2.85/W

Solar Potential in New London

Sun Hours vs National Average

3.6 hrs
4.5 hrs

New London gets 20% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 187 sunny days per year
  • Average temperature: 41°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,584 sq ft — enough for a 88-panel system

New London Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $20,040 system, that's a $6,012 credit. Valid through 2032.

Wisconsin State Incentives

Federal 30% ITC; check local utility for additional rebates.

Net Metering — WE Energies

WE Energies offers net metering in New London. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in New London

2.6

Tons CO2 Offset/Year

43

Equivalent Trees Planted

0.6

Homes Worth of Energy

Based on 6,307 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 New London, Wisconsin

New London, Wisconsin receives an average of 3.6 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 15.3¢ per kWh from WE Energies, near the national average, solar provides competitive returns on investment.

A typical 6kW solar system in New London produces approximately 6,307 kWh per year, saving homeowners an estimated $964 annually. The system pays for itself in about 14.6 years, after which you enjoy essentially free electricity for the remaining 10+ years of the system's warranty life.

New London has a solar penetration rate of 2.7% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 91.8 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in Wisconsin

Frequently Asked Questions

How much do solar panels cost in New London, WI?

The average cost of a 6kW solar panel system in New London is approximately $20,040 before incentives ($3.34/watt). After the 30% federal Investment Tax Credit, the net cost is about $14,028. Federal 30% ITC; check local utility for additional rebates.

How many peak sun hours does New London get?

New London, WI receives an average of 3.6 peak sun hours per day and approximately 187 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 New London?

The average solar payback period in New London is approximately 14.9 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 $32,928.

Does New London have net metering?

Yes, New London has access to net metering through WE Energies. 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 New London, WI?

Yes, solar is a solid investment in New London. While the 14.9-year payback is moderate, you'll still save $32,928 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.

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