Typical customer: Not worth it

Coldwater Board of Public Util and solar

Coldwater Board of Public Util is a municipal utility serving about 6,420 homes in Michigan. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
16.4¢22% below Michigan average
Typical bill
$98597 kWh a month
Exports credited
~55%Net billing (reduced export credit)
Typical payback
19.9 yrs3 kW, cash

Export rules for Coldwater Board of Public Util customers

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

Michigan's IOUs use a 'distributed generation' inflow/outflow tariff: you save the full retail rate on solar you use directly, but power sent to the grid is credited only at roughly the power-supply portion of the rate (about 8-15 cents depending on rate/time).

Michigan net metering details

Solar for a typical Coldwater Board of Public Util home

System3 kW (54% of 597 kWh/month)
Cost$11,900
First-year savings$546
Payback19.9 years
25-year net$4,202

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
6,420

EIA-861, 2025.

Questions about Coldwater Board of Public Util and solar

Does Coldwater Board of Public Util have net metering?

Coldwater Board of Public Util follows Michigan's rules: Michigan's IOUs use a 'distributed generation' inflow/outflow tariff: you save the full retail rate on solar you use directly, but power sent to the grid is credited only at roughly the power-supply portion of the rate (about 8-15 cents depending on rate/time).

How much does electricity cost with Coldwater Board of Public Util?

Residential customers paid an average of 15.6¢ per kWh in 2025 (EIA), about 16.4¢ adjusted to 2026. The typical home uses 597 kWh a month, a bill of about $98.

Is solar worth it with Coldwater Board of Public Util?

For a typical customer, solar is not worth it: a 3 kW system costing about $11,900 pays back in about 19.9 years, with $4,202 net over 25 years.

How many Coldwater Board of Public Util customers have solar?

Coldwater Board of Public Util did not report residential net-metered solar to EIA for 2025.

Legal name: Coldwater Board of Public Util (EIA ID 3915). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.