City of Monroe and solar
City of Monroe is a municipal utility serving about 11,313 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.)
- 12.4¢16% below North Carolina average
- Typical bill
- $120969 kWh a month
- Exports credited
- ~28%Net billing (reduced export credit)
- Typical payback
- 17.6 yrs5.4 kW, cash
Export rules for City of Monroe 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 Monroe home
| System | 5.4 kW (66% of 969 kWh/month) |
|---|---|
| Cost | $16,190 |
| First-year savings | $942 |
| Payback | 17.6 years |
| 25-year net | $8,136 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 11,313
EIA-861, 2025.
Questions about City of Monroe and solar
Does City of Monroe have net metering?
City of Monroe 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 Monroe?
Residential customers paid an average of 11.7¢ per kWh in 2025 (EIA), about 12.4¢ adjusted to 2026. The typical home uses 969 kWh a month, a bill of about $120.
Is solar worth it with City of Monroe?
For a typical customer, solar is not worth it: a 5.4 kW system costing about $16,190 pays back in about 17.6 years, with $8,136 net over 25 years.
How many City of Monroe customers have solar?
City of Monroe did not report residential net-metered solar to EIA for 2025.
Legal name: City of Monroe - (NC) (EIA ID 12801). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.