Cost & Savings Breakdown
Based on $150/month electric bill in Racine
System Size
7.3 kW
Annual Production
8,957 kWh
Gross System Cost
$22,641
Federal Tax Credit (30%)
-$6,792
State Incentive
-$500
Net Cost
$15,349
Monthly Savings
$122
CO₂ Offset/yr
8,240 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityWe Energies
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit115% of annual consumption
Electricity Rate$0.163/kWh
Peak Sun Hours4.2 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Wisconsin State Incentive — Wisconsin offers a Focus on Energy rebate up to $500.
Common Questions
How much does solar cost in Racine?
Solar in Racine, Wisconsin costs approximately $22,641 for a 7.3 kW system. After the 30% federal tax credit, your net cost is about $15,349.
What is the solar payback period in Racine?
The estimated payback period for solar in Racine is 10.5 years, based on a $150/month electric bill and local sun hours of 4.2 hrs/day.
Does We Energies offer net metering?
We Energies offers Full Retail net metering. Full retail rate.