Heartland REMC and solar
Heartland REMC is an electric cooperative serving about 18,144 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.)
- 15.4¢9% below Indiana average
- Typical bill
- $1901,237 kWh a month
- Exports credited
- ~35%Reduced export credit
- Typical payback
- 17.5 yrs5.6 kW, cash
Export rules for Heartland REMC 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).
Solar for a typical Heartland REMC home
| System | 5.6 kW (50% of 1,237 kWh/month) |
|---|---|
| Cost | $17,780 |
| First-year savings | $949 |
| Payback | 17.5 years |
| 25-year net | $10,732 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 18,144
EIA-861, 2025.
Questions about Heartland REMC and solar
Does Heartland REMC have net metering?
Heartland REMC 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 Heartland REMC?
Residential customers paid an average of 14.5¢ per kWh in 2025 (EIA), about 15.4¢ adjusted to 2026. The typical home uses 1,237 kWh a month, a bill of about $190.
Is solar worth it with Heartland REMC?
For a typical customer, solar is not worth it: a 5.6 kW system costing about $17,780 pays back in about 17.5 years, with $10,732 net over 25 years.
How many Heartland REMC customers have solar?
Heartland REMC did not report residential net-metered solar to EIA for 2025.
Legal name: Heartland REMC (EIA ID 59505). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.