Typical customer: Not worth it

Coast Electric Power Association and solar

Coast Electric Power Association is an electric cooperative serving about 84,194 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.)
14.8¢0% below Mississippi average
Typical bill
$1821,232 kWh a month
Exports credited
~41%Net billing (reduced export credit)
Typical payback
16.3 yrs5.1 kW, cash

Export rules for Coast Electric Power Association 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 Coast Electric Power Association home

System5.1 kW (50% of 1,232 kWh/month)
Cost$14,465
First-year savings$918
Payback16.3 years
25-year net$9,290

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
414
Share of customers
0.5%
Residential solar capacity
3 MW
Residential customers
84,194

EIA-861, 2025.

Questions about Coast Electric Power Association and solar

Does Coast Electric Power Association have net metering?

Coast Electric Power Association 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 Coast Electric Power Association?

Residential customers paid an average of 14.0¢ per kWh in 2025 (EIA), about 14.8¢ adjusted to 2026. The typical home uses 1,232 kWh a month, a bill of about $182.

Is solar worth it with Coast Electric Power Association?

For a typical customer, solar is not worth it: a 5.1 kW system costing about $14,465 pays back in about 16.3 years, with $9,290 net over 25 years.

How many Coast Electric Power Association customers have solar?

About 414 homes had net-metered solar at the end of 2025, roughly 0.5% of residential customers (EIA-861).

Legal name: Coast Electric Power Assn - (MS) (EIA ID 3841). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.