Hendricks County Rural E M C and solar
Hendricks County Rural E M C is an electric cooperative serving about 38,554 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.)
- 14.5¢14% below Indiana average
- Typical bill
- $1761,211 kWh a month
- Exports credited
- ~37%Reduced export credit
- Typical payback
- 18.5 yrs5.5 kW, cash
Export rules for Hendricks County Rural 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).
Solar for a typical Hendricks County Rural E M C home
| System | 5.5 kW (50% of 1,211 kWh/month) |
|---|---|
| Cost | $17,525 |
| First-year savings | $884 |
| Payback | 18.5 years |
| 25-year net | $8,692 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 109
- Share of customers
- 0.3%
- Residential solar capacity
- 1 MW
- Residential customers
- 38,554
EIA-861, 2025.
Questions about Hendricks County Rural E M C and solar
Does Hendricks County Rural E M C have net metering?
Hendricks County Rural 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 Hendricks County Rural E M C?
Residential customers paid an average of 13.7¢ per kWh in 2025 (EIA), about 14.5¢ adjusted to 2026. The typical home uses 1,211 kWh a month, a bill of about $176.
Is solar worth it with Hendricks County Rural E M C?
For a typical customer, solar is not worth it: a 5.5 kW system costing about $17,525 pays back in about 18.5 years, with $8,692 net over 25 years.
How many Hendricks County Rural E M C customers have solar?
About 109 homes had net-metered solar at the end of 2025, roughly 0.3% of residential customers (EIA-861).
Legal name: Hendricks County Rural E M C (EIA ID 8447). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.