Typical customer: Not worth it

Conway Corporation and solar

Conway Corporation is a municipal utility serving about 31,376 homes in Arkansas. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
9.9¢26% below Arkansas average
Typical bill
$1001,006 kWh a month
Exports credited
~30%Avoided-cost export credit
Typical payback
21.4 yrs4.3 kW, cash

Export rules for Conway Corporation customers

Avoided-cost export credit (Arkansas rule).

Under Act 278 of 2023, new solar customers (applications after Sept 30, 2024) still offset their own usage at retail, but any excess electricity sent to the grid is credited only at the utility's avoided cost, often under half of retail. Customers who connected earlier keep 1:1 retail credit through 2039-2040.

Arkansas net metering details

Solar for a typical Conway Corporation home

System4.3 kW (50% of 1,006 kWh/month)
Cost$13,175
First-year savings$597
Payback21.4 years
25-year net$2,833

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
112
Share of customers
0.4%
Residential solar capacity
1 MW
Residential customers
31,376

EIA-861, 2025.

Questions about Conway Corporation and solar

Does Conway Corporation have net metering?

Conway Corporation follows Arkansas's rules: Under Act 278 of 2023, new solar customers (applications after Sept 30, 2024) still offset their own usage at retail, but any excess electricity sent to the grid is credited only at the utility's avoided cost, often under half of retail. Customers who connected earlier keep 1:1 retail credit through 2039-2040.

How much does electricity cost with Conway Corporation?

Residential customers paid an average of 9.5¢ per kWh in 2025 (EIA), about 9.9¢ adjusted to 2026. The typical home uses 1,006 kWh a month, a bill of about $100.

Is solar worth it with Conway Corporation?

For a typical customer, solar is not worth it: a 4.3 kW system costing about $13,175 pays back in about 21.4 years, with $2,833 net over 25 years.

How many Conway Corporation customers have solar?

About 112 homes had net-metered solar at the end of 2025, roughly 0.4% of residential customers (EIA-861).

Legal name: Conway Corporation (EIA ID 4280). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.