Solar Panels Cost 5.0k-15k in Mukwonago, WI | October, 2024

Solar Panels Cost $5.0k-$15k in Mukwonago, WI | October, 2024

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How much do solar panels cost in Mukwonago, WI in 2024?

Having solar panels in the month of October, 2024 in Mukwonago, WI costs $3.61/W.

For every 1000 watts (1 kW) your solar system can produce, you will have to invest, on average, $3,610 for installation. We can come to this conclusion as a result of the rate price cost per watt. On average, the expense for a 5 kW system in Mukwonago, after a 30% federal tax credit, is about $12,635. Keep in mind that a higher capacity system might be necessary to fully meet your energy requirements.

By selecting your county on the left, you can see the typical roof size and the average maximum capacity for residential solar panel systems in your area. Shown below is an overview of the costs, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Mukwonago: $12,635US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Mukwonago: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Mukwonago: $10,587US Average: $15,784

Solar Potential in Mukwonago

Estimated system size and solar electricity production per median viable roof in
Mukwonago.

Roof size 822sq. ft.
Capacity 11.5kW DC
Electricity 13kkWh AC per yr.

Electricity Costs in Mukwonago, WI & What that Means for Your Solar Panel Pricing

Energy consumers in Mukwonago usually use 626 kWh per month, with an average monthly bill of $119.32. These numbers also encompass apartments and smaller dwellings with reduced energy demand.

Mukwonago, WI's electricity rate is on average 19.07¢ per kWh in October 2024.

In Mukwonago, the average electricity consumer has to have a solar power setup of 6 kW or larger to meet their entire electricity requirements. Before incentives, a 6 kW solar installation is around $21,660, with the federal income tax credit giving you 30% back, which cuts down the total to $15,162.

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Average solar panel costs by system size in Mukwonago

Below on the left side, you'll find the pricing details for multiple sizes of the solar panel systems installed in Mukwonago. Even though a more extensive solar installation comes with a greater cost, it also yields greater electricity savings and higher income tax credits.

Refer to the solar panel cost calculator down and to the right to see the cost and benefit details calculated from an average $119.32 electric bill in Mukwonago. To get personalized results, adjust the $119.32 to reflect your usual electricity payment.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $543 a year
Est. Price
$5,054
Savings from a 2kWthis system
  • Est. yearly production 2,859 kWh
  • Est. monthly savings $45
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.27 tons a year
  • Equivalent to planting 104 trees a year
  • Equivalent to driving 5,614 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $815 a year
Est. Price
$7,581
Savings from a 3kWthis system
  • Est. yearly production 4,288 kWh
  • Est. monthly savings $68
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 3.4 tons a year
  • Equivalent to planting 156 trees a year
  • Equivalent to driving 8,422 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,086 a year
Est. Price
$10,108
Savings from a 4kWthis system
  • Est. yearly production 5,718 kWh
  • Est. monthly savings $91
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.54 tons a year
  • Equivalent to planting 208 trees a year
  • Equivalent to driving 11,229 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,358 a year
Est. Price
$12,635
Savings from a 5kWthis system
  • Est. yearly production 7,147 kWh
  • Est. monthly savings $113
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 5.67 tons a year
  • Equivalent to planting 260 trees a year
  • Equivalent to driving 14,036 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,629 a year
Est. Price
$15,162
Savings from a 6kWthis system
  • Est. yearly production 8,576 kWh
  • Est. monthly savings $119
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.96 tons a year
  • Equivalent to planting 274 trees a year
  • Equivalent to driving 14,760 mi less a year

Mukwonago Solar Panel Installation Incentives & Rebates | 2024

For rural small businesses and agricultural properties, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. If you consider yourself eligible, we recommend using our REAP Grant eligibility tool to confirm your qualification.

Homeowners can benefit from a 30% federal income tax credit for setting up residential solar panels, making solar power a sensible option across much of the country. Additionally, a variety of state and local programs are available to incentivize solar adoption.

Wisconsin provides 12 solar rebates and incentives from different utility companies and government organizations.

Solar incentives in WI

Renewable Energy Competitive Incentive Program

Value:Up to $500,000

Through Wisconsin's Focus on Energy program, nonprofits and public-sector agencies may receive grants to fund large-scale renewable energy investments. The current grant amount is variable per kilowatt hour for power generation or per kBTU for thermal systems. There are two requests for proposals (RFPs) opened annually. Organizations must include the technical specifications for their planned equipment, estimated energy/cost savings, and a suggested funding amount based on rate schedule guidelines. Additional information is available from the Focus on Energy website.

Design Assistance Program

Value:Up to $0.15

Through Wisconsin's Focus on Energy program, architects, building engineers, contractors, and property owners may be incentivized for meeting green construction standards. Qualifying projects include walls, lighting, windows/doors, insulation/weatherization, HVAC, water heating, and new renewable energy equipment. Awards are paid on a per-property basis; any home, business, or industrial facility may qualify. The current rebate amount is based on energy efficiency at a rate per kilowatt hour saved. Builders will receive a rebate during construction; property owners will receive their smaller rebate after construction is complete.

Renewable Rewards Program

Value:Up to $1,000

Wisconsin homeowners may be eligible for rebates on new solar PV/thermal and geothermal devices. For solar panels, the current rebate stands at $500 per array. Business customers are eligible for similar incentives but will be paid a capacity-based rebate. The maximum possible rebate is currently $1,000 for homes and $50,000 for businesses. Additional information is available from the Focus on Energy website.

Renewable Energy Sales Tax Exemptions

Value:Varies

Wisconsin sales/use tax exemptions apply to biofuel for residential energy production. Qualifying purchases include some agricultural crops, landfill gas, pellets, and wood chips/pellets/sawdust. Components used to store biofuels are not eligible for the exemption. Interested customers should submit a completed form S-211 to their retailer, who will apply for the exemption and offer a discount. Additional information and the necessary paperwork are available from the state Department of Revenue.

Net Metering

Value:Varies

In Wisconsin, all private and local public electrical utilities are required to offer net metering to their interconnected renewable customers up to a maximum quota. Cooperatives may participate in net metering, but they are not required to offer it. Any system up to 300 kW is eligible. Upon entering a net metering contract, the customer's utility will install a bidirectional meter to measure net excess generation (NEG) sent back to the grid. Customers will receive either monthly or annual bill credits for the NEG they export at a fixed, avoided-cost rate. Fees and capacity limits may apply. The Public Service Commission reserves the right to alter any net metering or energy tariff program.

Renewable Portfolio Standard

Value:Varies

Wisconsin first established a renewable portfolio standard in 1999. Initial goals required at least 10% of the state's retail electricity to be generated using renewable technology. New specific goals have never been implemented, but utilities are nonetheless obligated to increase their renewable energy activities at a rate of 6% per year. Carve-out provisions apply to keep most renewable investments within state lines. Compliance is measured using renewable energy credit (REC) and renewable resource credit (RRC) systems pegging one megawatt hour of electricity to a fluctuating dollar value. Utilities may generate credits through the use of their own renewable installations or purchase them through tariff arrangements and power purchase agreements. Each credit expires after four years of use.

Focus on Energy - Business & Marketing Grant

Value:Varies

Focus on Energy grant funding is available for Wisconsin businesses making new renewable energy investments or energy efficiency improvements. The maximum available grant is $10,000 to fund half of project costs. Eligible projects include new solar, wind, or biomass energy systems not involved in academic or corporate research and development. Grants may also support professional training and marketing initiatives. To apply, the business should be located in a participating utility's service area and submit a successful proposal. Additional information is available from the Focus on Energy website.

Energy Innovation Grant Program

Value:Varies

Wisconsin Energy Innovation grants are available to local governments, public schools, and manufacturing businesses making renewable energy investments or energy efficiency improvements. The Public Service Commission keeps an annual grant budget of roughly $5 million to award in proportion. Grants can fund new generation/energy storage equipment, sustainable transportation, and engineering reviews/project studies. Application periods, known as requests for proposals, are opened annually. Additional information is available on the Public Service Commission's website.

Interconnection Standards

Value:Varies

Distributed generation and grid interconnection practices have been standardized in Wisconsin since 2004. Each new solar, wind, or other renewable energy system is sorted into one of four regulatory "categories" based on capacity. Category 1 ends at 20 kW, Category 2 at 200 kW, and Category 3 at one megawatt. The category of a system will determine the UL/IEEE standards it must follow and the rigor of its permitting process, including application fees and review turnaround time. The state requires all system owners, even of Category 1 systems, to hold minimum liability insurance coverage of more than $300,000 per occurrence. Utilities may further require the installation of external disconnect switches, but may not charge additional fees or require additional regulatory reviews beyond what is necessary. Additional information is available from the Wisconsin Public Service Commission.

Public Benefits Fund

Value:Varies

In 1999, the Wisconsin legislature first established a public benefits fund for renewable energy and energy efficiency among low-income residents. The fund's day-to-day business is managed by a public/private partnership between Focus on Energy and the Department of Administration. Current fund initiatives support incentives, loans, and grants to home and business owners. Funding is sourced through both consumer surcharges and mandatory utility "buy-ins." Additional information is available from the Focus on Energy website.

Energy Efficiency and Green Building Standards for State Buildings

Value:Varies

Public buildings in Wisconsin are subject to sustainability and green construction standards set by the state's Department of Administration. Standards apply to new and existing buildings. New buildings must demonstrate energy efficiency of at least 30% above the state's commercial building codes, themselves based on LEED standards. Remodeling projects in existing facilities should procure only those building materials and appliances which have earned ENERGY STAR certification or which meet EPA/ASHRAE standards. Additional information, including compliance reports, is available from the Department of Administration.

Focus on Energy Program

Value:Varies

Wisconsin Focus on Energy (FoE) is a public benefits fund providing a central management infrastructure for energy efficiency and renewable energy incentive and financing programs. Utilities may tap from the fund to support loans, grants, rebates, and educational initiatives. Funding is supported through customer surcharges and mandatory utility "buy-ins." Additional information is available from the FoE website.

Are solar panels worth it in Wisconsin?

For homeowners in Mukwonago planning to stay beyond the payback period of their solar system, solar panels are the obvious choice. Having a 5 kW solar system in Mukwonago, WI can potentially save you around $16,001.8 over a span of 20 years, with an average break even point of 9 years.

The cost of not having solar panels in Mukwonago, WI

In addition to missing out on the savings mentioned above, not installing solar panels or an alternative backup energy source means total reliance on your electric utility for electricity. The news has provided several examples highlighting that relying entirely on your utility isn't always ideal.

In Mukwonago, there are about 0.83 outages per customer annually. Outages typically last for an average of 114.75 minutes. Major occurrences like wildlife damage, aging infrastructure or lightning strikes can lead to a significant rise in these time frames.

With or without a backup battery, a solar panel system could relieve the stress of future power disruptions you might face.

Power Outages

Currently, 0 customers are being tracked in Waukesha County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Mukwonago, WI?

Your Energy Needs - The cost per watt drops with larger solar panel systems, even if the upfront cost is larger. Consumers often discover that setting up a solar system to replace their electric bill is a smart choice, resulting in the most savings.

Make & Model - Like many products, solar panels and mounting equipment are offered in a variety of makes and models. Because the installer you choose might have specific brand preferences, selecting a reputable installer is even more important. Higher quality makes and models generally result in a more satisfactory long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have established themselves as the industry standard, and for valid reasons. Even with a higher cost, this technology generate more energy. Most installers opt for panels crafted using this material.

Your Property - No two homes or properties are the same. Elements such as sloped land, trees, or other obstacles might complicate the installation process. These days, many solar installers can leverage satellite imagery to evaluate your home and incorporate these aspects into the preliminary cost estimate.

Labor Rates - Companies pay their employees in varying amounts, and these costs are borne by consumers. Businesses that pay higher wages frequently receive higher reviews for their work and customer service.

Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will influence the cost of your installation. Reputable local installers will include these numbers into your initial quotes to prevent any surprises.

See what solar panels cost in other WI cities

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Who are the best solar installers in Mukwonago?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Endries Solar & Electric

Sheboygan, WI(920) 889-8955

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Generac

Waukesha, WI(888) 436-3722

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Bright Skies

Pleasant Grove, UT(608) 293-1163

Services

  • Reparation of batteries.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Olson Solar Energy

Onalaska, WI(608) 780-2347

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Current Electric

Wauwatosa, WI(262) 214-5598

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

DT Solar

(888) 984-6786

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Mukwonago, WI Solar Panel Cost FAQs

  • As of October, 2024, the typical cost for solar panels in Mukwonago, WI is $3.61/W. For a 5 kW solar panel system, the total cost in Mukwonago, WI after federal tax credits is around $12,635.
  • There are 12 rebates and incentives available in Wisconsin from a range of utility providers and government organizations. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • Although cash payments offer the greatest savings, many financing options for solar panels now exist that are also beneficial. Many installers will provide information about their financing partners in the initial quotes they provide.
  • Yes, homeowners in Mukwonago, WI generally see a payback time of 9 years for 5 kW solar panel systems, with electricity savings averaging $16,001.8 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01