Typical customer: Close call

City of Hope and solar

City of Hope is a municipal utility serving about 5,792 homes in Arkansas. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
12.9¢4% below Arkansas average
Typical bill
$121935 kWh a month
Exports credited
~30%Avoided-cost export credit
Typical payback
15.3 yrs7.2 kW, cash

Export rules for City of Hope customers

Avoided-cost export credit (Arkansas rule).

Under Act 278 of 2023, new solar customers (applications after Sept 30, 2024) still offset their own usage at retail, but any excess electricity sent to the grid is credited only at the utility's avoided cost, often under half of retail. Customers who connected earlier keep 1:1 retail credit through 2039-2040.

Arkansas net metering details

Solar for a typical City of Hope home

System7.2 kW (90% of 935 kWh/month)
Cost$19,700
First-year savings$1,269
Payback15.3 years
25-year net$16,343

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
24
Share of customers
0.4%
Residential solar capacity
0 MW
Residential customers
5,792

EIA-861, 2025.

Questions about City of Hope and solar

Does City of Hope have net metering?

City of Hope follows Arkansas's rules: Under Act 278 of 2023, new solar customers (applications after Sept 30, 2024) still offset their own usage at retail, but any excess electricity sent to the grid is credited only at the utility's avoided cost, often under half of retail. Customers who connected earlier keep 1:1 retail credit through 2039-2040.

How much does electricity cost with City of Hope?

Residential customers paid an average of 12.4¢ per kWh in 2025 (EIA), about 12.9¢ adjusted to 2026. The typical home uses 935 kWh a month, a bill of about $121.

Is solar worth it with City of Hope?

For a typical customer, solar is a close call: a 7.2 kW system costing about $19,700 pays back in about 15.3 years, with $16,343 net over 25 years.

How many City of Hope customers have solar?

About 24 homes had net-metered solar at the end of 2025, roughly 0.4% of residential customers (EIA-861).

Legal name: City of Hope - (AR) (EIA ID 8840). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.