Wisconsin paybacks by utility: 12.0 to 16.2 years before the rebate
Every large Wisconsin utility lets your panels cover your own use during the billing month. They split on what is left over. Our cases use Wisconsin’s share of solar power sent to the grid as reported to EIA, about 10%, not a share measured at your meter.
Netted within the month full price
- Solar power your home uses right away is power you do not buy.
- Power sent out during the month cancels power you buy later that month, kWh for kWh.
- Both save your normal price per kWh.
Left over at month’s end 3.584¢ to 18.433¢
- MGE credits it at its 18.433¢ energy rate.
- Xcel saves it as kWh for later months.
- We Energies, WPS and Alliant pay 3.584¢ to 4.254¢ per kWh.
Typical 7.91 kW system, $23,809 cash before the rebate
| Utility and credit for month-end leftovers | Year-one savings | Cash price | Simple payback before incentives |
| We Energies, 3.636¢ (CGS NM) | $1,853 | $23,809 | 12.8 years |
| MGE, credited at its retail price (Schedules Rg-1 and Pg-2) | $1,978 | $23,809 | 12.0 years |
| Alliant Energy, 4.254¢ average | $1,663 | $23,809 | 14.3 years |
| Xcel Energy, saved as kWh | $1,571 | $23,809 | 15.2 years |
| WPS, 3.584¢ | $1,468 | $23,809 | 16.2 years |
| Superior Water, Light and Power, 7.777¢ | $1,466 | $23,809 | 16.2 years |
Swipe the table sideways to see every column.
The Wisconsin figure, 13.8 years, weights these utilities by the homes they serve. Because most solar power is used or netted within the month, the low month-end price touches only a small share of the output. The $2,400 rebate, if you get it, shortens every case.
How we calculated this
- Output: 7.91 kW × 1,371 kWh per kW = 10,845 kWh a year.
- Price of power used or netted within the month: each utility’s EIA 12-month average, August 2025 to July 2026, less its fixed monthly charge. We Energies: 21.15¢ less the $15.00 customer charge is 18.81¢.
- Share left over at month’s end: 10.0%, Wisconsin’s share of solar power sent to the grid as reported to EIA, not measured at the meter. It earns the utility’s month-end price, 3.636¢ at We Energies.
- We Energies: 10,845 kWh × 90.0% × 18.81¢ = $1,835, plus 10,845 kWh × 10.0% × 3.636¢ = $40, less the $0.05951 a day generation charge ($21.72 a year) = $1,853. $23,809 ÷ $1,853 = 12.8 years.
- MGE credits leftovers at retail, so every kWh counts at 18.24¢ (21.25¢ less $15.00 a month): $1,978 a year, 12.0 years. Alliant’s time-of-use netting option: 13.3 years.
- Simple payback before incentives: the $2,400 rebate is not taken off. No upkeep, price rises, financing or panel aging are counted.
- The MGE case assumes you stay a net purchaser. If you send out more than you buy over 12 months, MGE pays 5.374¢ for the extra.
Run your own Wisconsin numbers