Typical customer: Not worth it

Daviess Martin County R E M C and solar

Daviess Martin County R E M C is an electric cooperative serving about 8,024 homes in Indiana. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
15.8¢7% below Indiana average
Typical bill
$2051,296 kWh a month
Exports credited
~34%Reduced export credit
Typical payback
16.9 yrs5.8 kW, cash

Export rules for Daviess Martin County R E M C customers

Reduced export credit (Indiana rule).

Indiana ended net metering for new customers in mid-2022. Under 'Excess Distributed Generation' (EDG) billing, solar you use at home offsets retail, but any electricity sent to the grid is credited at about 1.25 times the utility's wholesale energy price (AES Indiana: about 5.4 cents/kWh as of July 2026).

Indiana net metering details

Solar for a typical Daviess Martin County R E M C home

System5.8 kW (50% of 1,296 kWh/month)
Cost$18,290
First-year savings$1,010
Payback16.9 years
25-year net$12,283

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
53
Share of customers
0.7%
Residential solar capacity
0 MW
Residential customers
8,024

EIA-861, 2025.

Questions about Daviess Martin County R E M C and solar

Does Daviess Martin County R E M C have net metering?

Daviess Martin County R E M C follows Indiana's rules: Indiana ended net metering for new customers in mid-2022. Under 'Excess Distributed Generation' (EDG) billing, solar you use at home offsets retail, but any electricity sent to the grid is credited at about 1.25 times the utility's wholesale energy price (AES Indiana: about 5.4 cents/kWh as of July 2026).

How much does electricity cost with Daviess Martin County R E M C?

Residential customers paid an average of 14.9¢ per kWh in 2025 (EIA), about 15.8¢ adjusted to 2026. The typical home uses 1,296 kWh a month, a bill of about $205.

Is solar worth it with Daviess Martin County R E M C?

For a typical customer, solar is not worth it: a 5.8 kW system costing about $18,290 pays back in about 16.9 years, with $12,283 net over 25 years.

How many Daviess Martin County R E M C customers have solar?

About 53 homes had net-metered solar at the end of 2025, roughly 0.7% of residential customers (EIA-861).

Legal name: Daviess Martin County R E M C (EIA ID 4848). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.