Typical customer: Not worth it

GreyStone Power Corporation and solar

GreyStone Power Corporation is an electric cooperative serving about 142,841 homes in Georgia. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
12.9¢15% below Georgia average
Typical bill
$1531,189 kWh a month
Exports credited
~56%Reduced export credit
Typical payback
19.5 yrs5 kW, cash

Export rules for GreyStone Power Corporation customers

Reduced export credit (Georgia rule).

Georgia has no full net metering for new customers. Georgia Power credits solar you use at home at retail, and pays about 7.2 cents/kWh in 2026 for power sent to the grid (its solar avoided cost plus a 4-cent adder). Its monthly net metering program is full and closed. Electric membership cooperatives (EMCs) generally pay avoided cost.

Georgia net metering details

Solar for a typical GreyStone Power Corporation home

System5 kW (50% of 1,189 kWh/month)
Cost$15,500
First-year savings$809
Payback19.5 years
25-year net$5,389

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
607
Share of customers
0.4%
Residential solar capacity
4 MW
Residential customers
142,841

EIA-861, 2025.

Questions about GreyStone Power Corporation and solar

Does GreyStone Power Corporation have net metering?

GreyStone Power Corporation follows Georgia's rules: Georgia has no full net metering for new customers. Georgia Power credits solar you use at home at retail, and pays about 7.2 cents/kWh in 2026 for power sent to the grid (its solar avoided cost plus a 4-cent adder). Its monthly net metering program is full and closed. Electric membership cooperatives (EMCs) generally pay avoided cost.

How much does electricity cost with GreyStone Power Corporation?

Residential customers paid an average of 12.6¢ per kWh in 2025 (EIA), about 12.9¢ adjusted to 2026. The typical home uses 1,189 kWh a month, a bill of about $153.

Is solar worth it with GreyStone Power Corporation?

For a typical customer, solar is not worth it: a 5 kW system costing about $15,500 pays back in about 19.5 years, with $5,389 net over 25 years.

How many GreyStone Power Corporation customers have solar?

About 607 homes had net-metered solar at the end of 2025, roughly 0.4% of residential customers (EIA-861).

Legal name: GreyStone Power Corporation (EIA ID 7090). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.