Duke Energy Indiana and solar
Duke Energy Indiana is an investor-owned utility serving about 808,572 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.)
- 15.9¢6% below Indiana average
- Typical bill
- $158992 kWh a month
- Exports credited
- ~25%Reduced export credit
- Typical payback
- 17.8 yrs4.4 kW, cash
Export rules for Duke Energy Indiana customers
Reduced export credit, instantaneous netting.
EDG rider; rate updated annually (not verified, likely ~4-6 cents).
Solar for a typical Duke Energy Indiana home
| System | 4.4 kW (50% of 992 kWh/month) |
|---|---|
| Cost | $14,720 |
| First-year savings | $755 |
| Payback | 17.8 years |
| 25-year net | $8,416 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 4,228
- Share of customers
- 0.5%
- Residential solar capacity
- 33 MW
- Residential customers
- 808,572
EIA-861, 2025.
Questions about Duke Energy Indiana and solar
Does Duke Energy Indiana have net metering?
EDG rider; rate updated annually (not verified, likely ~4-6 cents).
How much does electricity cost with Duke Energy Indiana?
Residential customers paid an average of 15.0¢ per kWh in 2025 (EIA), about 15.9¢ adjusted to 2026. The typical home uses 992 kWh a month, a bill of about $158.
Is solar worth it with Duke Energy Indiana?
For a typical customer, solar is not worth it: a 4.4 kW system costing about $14,720 pays back in about 17.8 years, with $8,416 net over 25 years.
How many Duke Energy Indiana customers have solar?
About 4,228 homes had net-metered solar at the end of 2025, roughly 0.5% of residential customers (EIA-861).
Legal name: Duke Energy Indiana, LLC (EIA ID 15470). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.