Hancock-Wood Electric Cooperative and solar
Hancock-Wood Electric Cooperative is an electric cooperative serving about 11,292 homes in Ohio. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 18.6¢2% above Ohio average
- Typical bill
- $2101,127 kWh a month
- Exports credited
- ~43%Reduced export credit
- Typical payback
- 12.4 yrs9.5 kW, cash
Export rules for Hancock-Wood Electric Cooperative customers
Reduced export credit (Ohio rule).
Ohio's investor-owned utilities must offer net metering. Within a month, solar offsets your usage at full retail; any extra energy beyond your monthly use is credited only at the generation (energy supply) price, roughly half of the retail rate.
Solar for a typical Hancock-Wood Electric Cooperative home
| System | 9.5 kW (90% of 1,127 kWh/month) |
|---|---|
| Cost | $27,250 |
| First-year savings | $2,136 |
| Payback | 12.4 years |
| 25-year net | $37,131 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 11,292
EIA-861, 2025.
Questions about Hancock-Wood Electric Cooperative and solar
Does Hancock-Wood Electric Cooperative have net metering?
Hancock-Wood Electric Cooperative follows Ohio's rules: Ohio's investor-owned utilities must offer net metering. Within a month, solar offsets your usage at full retail; any extra energy beyond your monthly use is credited only at the generation (energy supply) price, roughly half of the retail rate.
How much does electricity cost with Hancock-Wood Electric Cooperative?
Residential customers paid an average of 17.3¢ per kWh in 2025 (EIA), about 18.6¢ adjusted to 2026. The typical home uses 1,127 kWh a month, a bill of about $210.
Is solar worth it with Hancock-Wood Electric Cooperative?
For a typical customer, solar is worth it: a 9.5 kW system costing about $27,250 pays back in about 12.4 years, with $37,131 net over 25 years.
How many Hancock-Wood Electric Cooperative customers have solar?
Hancock-Wood Electric Cooperative did not report residential net-metered solar to EIA for 2025.
Legal name: Hancock-Wood Electric Coop Inc (EIA ID 8034). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.