☀️ Solar panels in Madison, WI: cost & savings (2026)

Cost after tax credit: $16,800 · Payback: 16.5 years · Est. savings: $1,019/year.

With about 272,903 residents, Madison is a large city and the #2 largest city in Wisconsin. Homes here pay Wisconsin's residential rate of 17¢/kWh (about $111/month), so a typical 8 kW solar system — roughly $16,800 after the 30% federal tax credit — saves close to $1,019/year and pays back in about 16.5 years. That makes solar a longer-term play in Madison. Below, compare nearby Wisconsin cities and get real quotes.

$16,800
System cost in Madison
after 30% credit
16.5 yrs
Estimated payback
$1,019
Est. annual savings
$8,675
25-year savings

Is solar worth it in Madison?

Solar pays off fastest where power is expensive and the sun is strong. In Madison, electricity runs about 17¢/kWh and Midwest sunlight gives a production factor of 0.90×. A standard system offsetting most of a $111/month bill returns roughly $1,019/year and pays for itself in about 16.5 years.

Your real result depends on roof, shading, exact usage and installer pricing. Always compare a couple of real Madison quotes before signing.

See Madison electricity rates → · All Wisconsin solar →

Madison solar FAQ

How much do solar panels cost in Madison, WI?

A typical 8 kW home system is around $24,000 before incentives, or about $16,800 after the 30% federal tax credit in Madison. Local utility or Wisconsin incentives can lower it further.

Is solar worth it in Madison?

In Madison it's a longer-term play: with Wisconsin electricity at 17¢/kWh and Midwest sunlight, a system saves roughly $1,019/year and pays for itself in about 16.5 years, then produces largely free power for the rest of its 25+ year life.

How much can I save with solar in Madison?

About $1,019 per year and roughly $8,675 over 25 years after the system pays for itself. Exact savings depend on your roof, shading and usage.

How do I get cheap solar in Madison?

Get at least three quotes from installers active in Madison, claim the 30% federal tax credit, stack any Wisconsin or utility rebates, and avoid oversizing the system beyond your $111/month usage.

← All Wisconsin solar savings