Typical customer: Not worth it

City of Anderson and solar

City of Anderson is a municipal utility serving about 29,600 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.)
13.5¢21% below Indiana average
Typical bill
$115852 kWh a month
Exports credited
~40%Reduced export credit
Typical payback
20.9 yrs3.8 kW, cash

Export rules for City of Anderson 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 City of Anderson home

System3.8 kW (49% of 852 kWh/month)
Cost$13,190
First-year savings$575
Payback20.9 years
25-year net$3,619

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
22
Share of customers
0.1%
Residential solar capacity
0 MW
Residential customers
29,600

EIA-861, 2025.

Questions about City of Anderson and solar

Does City of Anderson have net metering?

City of Anderson 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 City of Anderson?

Residential customers paid an average of 12.7¢ per kWh in 2025 (EIA), about 13.5¢ adjusted to 2026. The typical home uses 852 kWh a month, a bill of about $115.

Is solar worth it with City of Anderson?

For a typical customer, solar is not worth it: a 3.8 kW system costing about $13,190 pays back in about 20.9 years, with $3,619 net over 25 years.

How many City of Anderson customers have solar?

About 22 homes had net-metered solar at the end of 2025, roughly 0.1% of residential customers (EIA-861).

Legal name: City of Anderson - (IN) (EIA ID 636). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.