The cost of solar panels in Luxemburg, WI (2024)

Updated Oct 22, 2024

  • You'll pay an average of $15,592 to install a 5 kilowatt solar panel system in Luxemburg, WI, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of October 2024, the average solar panel system costs $3.12/W including installation in Luxemburg, WI. For a 5 kW installation, this comes out to about $15,592 before incentives, though prices range from $13,253 to $17,931. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Luxemburg, WI

Good Price
$13,253 or less
Market Average
$15,592
High Price
$17,931 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Luxemburg, WI state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $15,592 in Luxemburg, WI, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Luxemburg, WI

System Size
System Cost
System Cost (after ITC)
3 kW$9,355$6,548
4 kW$12,473$8,731
5 kW$15,592$10,914
6 kW$18,710$13,097
7 kW$21,828$15,280
8 kW$24,947$17,463
9 kW$28,065$19,646
10 kW$31,183$21,828

Are solar panels worth it in Luxemburg, WI?

Solar panels are worth it in most areas, including Luxemburg, WI. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $48,941 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in Luxemburg, WI. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
11.28 Years
25-Year Savings
$48,941
Cost-per-Watt
$3.12

If you can't shell out $15,592 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in WI, here are some popular suggestions:

  • All Energy Solar
    Madison, WI
    Established 2009
    Elite+ Installer
    Our team of industry professionals have been focused on providing long term, trusted relationships since 2009. O...
    Elite+ Installer
    Screened & Verified

    Our team of industry professionals have been focused on providing long term, trusted relationships since 2009. O...
  • SolEnergy
    Greenville, WI
    Established 2019
    Advanced Installer
    SolEnergy is a reputable and reliable solar installation company that provides high-quality solar panel installat...
    Advanced Installer
    Screened & Verified
    4.5 /5.0
    6 Reviews

    SolEnergy is a reputable and reliable solar installation company that provides high-quality solar panel installat...
  • Watts Up Engineering LLC
    Waukesha, WI
    Established 2021
    Approved Installer
    Speak with an engineer and not a salesman and you'll understand how we make the complex process of solar energy i...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    11 Reviews

    Speak with an engineer and not a salesman and you'll understand how we make the complex process of solar energy i...
  • Freedom Solar Pros
    Multi-state
    Established 2011
    Approved Installer
    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    3 Reviews

    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w...
  • Olson Solar Energy
    Wausau, WI
    Established 2017
    Approved Installer
    We are Passionate. We are driven. We care. We believe that our strong work ethic, desire to provide top-notch ...
    Approved Installer
    Screened & Verified
    4.5 /5.0
    12 Reviews

    We are Passionate. We are driven. We care. We believe that our strong work ethic, desire to provide top-notch ...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Luxemburg, WI.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Luxemburg, WI. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

We pre-screen and monitor all of our partners

Consumer reviews of EnergySage

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