Typical customer: Not worth it

Carroll-White REMC and solar

Carroll-White REMC is an electric cooperative serving about 14,853 homes in Indiana. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
16.4¢3% below Indiana average
Typical bill
$1811,106 kWh a month
Exports credited
~33%Reduced export credit
Typical payback
16.9 yrs5 kW, cash

Export rules for Carroll-White REMC 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).

Indiana net metering details

Solar for a typical Carroll-White REMC home

System5 kW (50% of 1,106 kWh/month)
Cost$16,250
First-year savings$896
Payback16.9 years
25-year net$11,027

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
82
Share of customers
0.6%
Residential solar capacity
1 MW
Residential customers
14,853

EIA-861, 2025.

Questions about Carroll-White REMC and solar

Does Carroll-White REMC have net metering?

Carroll-White REMC 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 Carroll-White REMC?

Residential customers paid an average of 15.4¢ per kWh in 2025 (EIA), about 16.4¢ adjusted to 2026. The typical home uses 1,106 kWh a month, a bill of about $181.

Is solar worth it with Carroll-White REMC?

For a typical customer, solar is not worth it: a 5 kW system costing about $16,250 pays back in about 16.9 years, with $11,027 net over 25 years.

How many Carroll-White REMC customers have solar?

About 82 homes had net-metered solar at the end of 2025, roughly 0.6% of residential customers (EIA-861).

Legal name: Carroll-White REMC (EIA ID 27599). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.