City of Lexington and solar
City of Lexington is a municipal utility serving about 18,282 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.
- Average price (2026 est.)
- 12.3¢17% below North Carolina average
- Typical bill
- $1381,125 kWh a month
- Exports credited
- ~29%Net billing (reduced export credit)
- Typical payback
- 17.3 yrs6.2 kW, cash
Export rules for City of Lexington customers
Net billing (reduced export credit) (North Carolina rule).
Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
Solar for a typical City of Lexington home
| System | 6.2 kW (65% of 1,125 kWh/month) |
|---|---|
| Cost | $18,070 |
| First-year savings | $1,073 |
| Payback | 17.3 years |
| 25-year net | $9,591 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 18,282
EIA-861, 2025.
Questions about City of Lexington and solar
Does City of Lexington have net metering?
City of Lexington follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
How much does electricity cost with City of Lexington?
Residential customers paid an average of 11.6¢ per kWh in 2025 (EIA), about 12.3¢ adjusted to 2026. The typical home uses 1,125 kWh a month, a bill of about $138.
Is solar worth it with City of Lexington?
For a typical customer, solar is not worth it: a 6.2 kW system costing about $18,070 pays back in about 17.3 years, with $9,591 net over 25 years.
How many City of Lexington customers have solar?
City of Lexington did not report residential net-metered solar to EIA for 2025.
Legal name: City of Lexington - (NC) (EIA ID 10966). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.