Electricity Rates in Wisconsin
Average residential electricity cost, utility comparison, and solar savings potential for Wisconsin homeowners.
Wisconsin Electricity Cost Overview
The average residential electricity rate in Wisconsin is $0.15 per kWh, which is 6% below the national average of $0.16/kWh.Wisconsin homeowners pay an average of $152 per month for electricity, based on typical usage of 1010 kWh per month.
Electricity rates in this state have been trending upward over the past decade, following national patterns of rising energy costs. As rates continue to increase, solar panels become an increasingly attractive way for homeowners to lock in their energy costs and achieve long-term savings.
Major Electric Utilities in Wisconsin
| Utility Company | Avg Rate ($/kWh) | Customers | Est. Monthly Bill |
|---|---|---|---|
| We Energies | $0.15 | 1.1M | $152 |
| Alliant Energy (WPL) | $0.14 | 480K | $141 |
| Madison Gas & Electric | $0.15 | 160K | $152 |
How Solar Compares to Wisconsin Electricity Rates
Without Solar
- Monthly bill: $152
- Annual cost: $1,824
- 25-year cost: $45,600
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $106
- Annual savings: $1,272
- 25-year savings: $27,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Wisconsin
The average residential electricity rate in Wisconsin is $0.15 per kilowatt-hour (kWh), which is 6% below the national average of $0.16/kWh. The average monthly electric bill is approximately $152.
With solar panels, Wisconsin homeowners can reduce their electricity costs by approximately 70%, saving around $106 per month or $27,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.
The largest electric utilities in Wisconsin include We Energies, Alliant Energy (WPL), Madison Gas & Electric. Rates vary between utilities, so your exact cost depends on your provider and usage.
Yes, electricity rates in Wisconsin have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.
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