Typical customer: Not worth it

City of Statesville and solar

City of Statesville is a municipal utility serving about 12,442 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.)
12.1¢18% below North Carolina average
Typical bill
$111912 kWh a month
Exports credited
~29%Net billing (reduced export credit)
Typical payback
18.3 yrs5 kW, cash

Export rules for City of Statesville 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.

North Carolina net metering details

Solar for a typical City of Statesville home

System5 kW (64% of 912 kWh/month)
Cost$15,250
First-year savings$856
Payback18.3 years
25-year net$6,775

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
12,442

EIA-861, 2025.

Questions about City of Statesville and solar

Does City of Statesville have net metering?

City of Statesville 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 Statesville?

Residential customers paid an average of 11.5¢ per kWh in 2025 (EIA), about 12.1¢ adjusted to 2026. The typical home uses 912 kWh a month, a bill of about $111.

Is solar worth it with City of Statesville?

For a typical customer, solar is not worth it: a 5 kW system costing about $15,250 pays back in about 18.3 years, with $6,775 net over 25 years.

How many City of Statesville customers have solar?

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

Legal name: City of Statesville - (NC) (EIA ID 18022). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.