Typical customer: Worth it

Homer Electric Association and solar

Homer Electric Association is an electric cooperative serving about 30,143 homes in Alaska. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.

Average price (2026 est.)
32.4¢21% above Alaska average
Typical bill
$154474 kWh a month
Exports credited
~35%Avoided-cost export credit
Typical payback
12.4 yrs4 kW, cash

Export rules for Homer Electric Association customers

Avoided-cost export credit (Alaska rule).

Larger regulated Alaska utilities must offer net metering for small systems, but you are credited for electricity you send to the grid only at the utility's 'non-firm' (avoided-cost) rate, which is much lower than what you pay. Utilities can stop accepting new net-metered systems once they hit a 1.5% cap.

Alaska net metering details

Solar for a typical Homer Electric Association home

System4 kW (65% of 474 kWh/month)
Cost$13,500
First-year savings$1,053
Payback12.4 years
25-year net$18,140

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
565
Share of customers
1.9%
Residential solar capacity
3 MW
Residential customers
30,143

EIA-861, 2025.

Questions about Homer Electric Association and solar

Does Homer Electric Association have net metering?

Homer Electric Association follows Alaska's rules: Larger regulated Alaska utilities must offer net metering for small systems, but you are credited for electricity you send to the grid only at the utility's 'non-firm' (avoided-cost) rate, which is much lower than what you pay. Utilities can stop accepting new net-metered systems once they hit a 1.5% cap.

How much does electricity cost with Homer Electric Association?

Residential customers paid an average of 31.5¢ per kWh in 2025 (EIA), about 32.4¢ adjusted to 2026. The typical home uses 474 kWh a month, a bill of about $154.

Is solar worth it with Homer Electric Association?

For a typical customer, solar is worth it: a 4 kW system costing about $13,500 pays back in about 12.4 years, with $18,140 net over 25 years.

How many Homer Electric Association customers have solar?

About 565 homes had net-metered solar at the end of 2025, roughly 1.9% of residential customers (EIA-861).

Legal name: Homer Electric Assn Inc (EIA ID 19558). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.