Boone County Rural EMC and solar
Boone County Rural EMC is an electric cooperative serving about 19,224 homes in Indiana. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.
- Average price (2026 est.)
- 16.8¢1% below Indiana average
- Typical bill
- $2101,255 kWh a month
- Exports credited
- ~32%Reduced export credit
- Typical payback
- 16.2 yrs5.7 kW, cash
Export rules for Boone County Rural EMC customers
Reduced export credit (Indiana rule).
Indiana ended net metering for new customers in mid-2022. Under 'Excess Distributed Generation' (EDG) billing, solar you use at home offsets retail, but any electricity sent to the grid is credited at about 1.25 times the utility's wholesale energy price (AES Indiana: about 5.4 cents/kWh as of July 2026).
Solar for a typical Boone County Rural EMC home
| System | 5.7 kW (50% of 1,255 kWh/month) |
|---|---|
| Cost | $18,035 |
| First-year savings | $1,040 |
| Payback | 16.2 years |
| 25-year net | $13,740 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 139
- Share of customers
- 0.7%
- Residential solar capacity
- 2 MW
- Residential customers
- 19,224
EIA-861, 2025.
Questions about Boone County Rural EMC and solar
Does Boone County Rural EMC have net metering?
Boone County Rural EMC follows Indiana's rules: Indiana ended net metering for new customers in mid-2022. Under 'Excess Distributed Generation' (EDG) billing, solar you use at home offsets retail, but any electricity sent to the grid is credited at about 1.25 times the utility's wholesale energy price (AES Indiana: about 5.4 cents/kWh as of July 2026).
How much does electricity cost with Boone County Rural EMC?
Residential customers paid an average of 15.8¢ per kWh in 2025 (EIA), about 16.8¢ adjusted to 2026. The typical home uses 1,255 kWh a month, a bill of about $210.
Is solar worth it with Boone County Rural EMC?
For a typical customer, solar is a close call: a 5.7 kW system costing about $18,035 pays back in about 16.2 years, with $13,740 net over 25 years.
How many Boone County Rural EMC customers have solar?
About 139 homes had net-metered solar at the end of 2025, roughly 0.7% of residential customers (EIA-861).
Legal name: Boone County Rural EMC (EIA ID 24753). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.