Typical customer: Not worth it

Kankakee Valley Rural E M C and solar

Kankakee Valley Rural E M C is an electric cooperative serving about 19,027 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.)
15.6¢8% below Indiana average
Typical bill
$154986 kWh a month
Exports credited
~35%Reduced export credit
Typical payback
17.9 yrs4.4 kW, cash

Export rules for Kankakee Valley 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).

Indiana net metering details

Solar for a typical Kankakee Valley Rural E M C home

System4.4 kW (49% of 986 kWh/month)
Cost$14,720
First-year savings$759
Payback17.9 years
25-year net$8,206

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
48
Share of customers
0.3%
Residential solar capacity
0 MW
Residential customers
19,027

EIA-861, 2025.

Questions about Kankakee Valley Rural E M C and solar

Does Kankakee Valley Rural E M C have net metering?

Kankakee Valley 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 Kankakee Valley Rural E M C?

Residential customers paid an average of 14.7¢ per kWh in 2025 (EIA), about 15.6¢ adjusted to 2026. The typical home uses 986 kWh a month, a bill of about $154.

Is solar worth it with Kankakee Valley Rural E M C?

For a typical customer, solar is not worth it: a 4.4 kW system costing about $14,720 pays back in about 17.9 years, with $8,206 net over 25 years.

How many Kankakee Valley Rural E M C customers have solar?

About 48 homes had net-metered solar at the end of 2025, roughly 0.3% of residential customers (EIA-861).

Legal name: Kankakee Valley Rural E M C (EIA ID 9999). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.