Typical customer: Not worth it

City of New Albany and solar

City of New Albany is a municipal utility serving about 8,170 homes in Mississippi. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
13.9¢6% below Mississippi average
Typical bill
$1631,168 kWh a month
Exports credited
~43%Net billing (reduced export credit)
Typical payback
17.4 yrs4.9 kW, cash

Export rules for City of New Albany customers

Net billing (reduced export credit) (Mississippi rule).

Mississippi's Net Renewable Generation rules pay for exports at the utility's avoided cost plus a 2.5 cent/kWh adder (plus 2 cents more for low/moderate-income households). That works out to well below retail. Netting is effectively instantaneous via dual-channel metering.

Mississippi net metering details

Solar for a typical City of New Albany home

System4.9 kW (50% of 1,168 kWh/month)
Cost$14,035
First-year savings$837
Payback17.4 years
25-year net$7,326

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
8,170

EIA-861, 2025.

Questions about City of New Albany and solar

Does City of New Albany have net metering?

City of New Albany follows Mississippi's rules: Mississippi's Net Renewable Generation rules pay for exports at the utility's avoided cost plus a 2.5 cent/kWh adder (plus 2 cents more for low/moderate-income households). That works out to well below retail. Netting is effectively instantaneous via dual-channel metering.

How much does electricity cost with City of New Albany?

Residential customers paid an average of 13.2¢ per kWh in 2025 (EIA), about 13.9¢ adjusted to 2026. The typical home uses 1,168 kWh a month, a bill of about $163.

Is solar worth it with City of New Albany?

For a typical customer, solar is not worth it: a 4.9 kW system costing about $14,035 pays back in about 17.4 years, with $7,326 net over 25 years.

How many City of New Albany customers have solar?

City of New Albany did not report residential net-metered solar to EIA for 2025.

Legal name: City of New Albany - (MS) (EIA ID 13412). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.