Madison Gas & Electric and solar
Madison Gas & Electric is an investor-owned utility serving about 148,482 homes in Wisconsin. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 21.9¢17% above Wisconsin average
- Typical bill
- $110505 kWh a month
- Exports credited
- RetailFull retail net metering
- Typical payback
- 11.5 yrs4.6 kW, cash
Export rules for Madison Gas & Electric customers
Full retail net metering, monthly netting.
kWh credits carry over monthly; net sellers paid buyback rate.
Solar for a typical Madison Gas & Electric home
| System | 4.6 kW (100% of 505 kWh/month) |
|---|---|
| Cost | $17,300, $14,900 after incentives |
| First-year savings | $1,260 |
| Payback | 11.5 years |
| 25-year net | $23,126 |
Uses the utility's average price.
Questions about Madison Gas & Electric and solar
Does Madison Gas & Electric have net metering?
kWh credits carry over monthly; net sellers paid buyback rate.
How much does electricity cost with Madison Gas & Electric?
Residential customers paid an average of 21.1¢ per kWh in 2025 (EIA), about 21.9¢ adjusted to 2026. The typical home uses 505 kWh a month, a bill of about $110.
Is solar worth it with Madison Gas & Electric?
For a typical customer, solar is worth it: a 4.6 kW system costing about $14,900 pays back in about 11.5 years, with $23,126 net over 25 years.
How many Madison Gas & Electric customers have solar?
About 2,677 homes had net-metered solar at the end of 2025, roughly 1.8% of residential customers (EIA-861).
Legal name: Madison Gas & Electric Co (EIA ID 11479). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.