Solar Panel Cost in 53205

· Source: NREL and SEIA

Milwaukee, Wisconsin · Moderate ROI

Payback 10.7 years

6kW System Cost Breakdown

Gross Installation Cost $17,700 $2.95/W installed
Federal Tax Credit (30%) −$5,310 ITC through 2032
Net Cost After Credit $12,390 Your out-of-pocket cost

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Savings & ROI for 53205

Annual Electricity Savings $1,162 At $0.155/kWh local rate
Annual Solar Production 7,499 kWh 4.28 kWh/m²/day irradiance
Break-Even Point 10.7 years Moderate ROI
25-Year Net Savings +$16,660 After total system cost

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Assumes fixed-rate loan. Actual rates vary by lender and credit score. Solar-specific loans from Mosaic, GoodLeap, or Sunlight often offer lower rates than personal loans.

Solar Resource in Milwaukee

Milwaukee (53205) receives an average of 4.28 kWh/m²/day of solar irradiance, based on latitude 43.05°N and Wisconsin regional weather patterns from NREL data. At the local electricity rate of $0.155/kWh, a 6kW system generates roughly $1,162 per year in bill savings.

Solar irradiance vs. US average (4.5 kWh/m²/day)
07.5 kWh/m²/day

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Nearby Zip Codes in Milwaukee

How We Calculate Solar Costs for 53205

Costs are based on the average price per watt for Wisconsin ($2.95/W), applied to a standard 6kW residential system. Solar irradiance is derived from NREL PVWatts data for latitude 43.05°N, adjusted for local weather patterns. Electricity rate uses the Wisconsin EIA average of $0.155/kWh.

The 30% federal Investment Tax Credit (ITC) applies as a credit against your federal income tax liability. Many states offer additional credits; check your state's energy office for local incentives.

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