Lake Region Electric Cooperative and solar
Lake Region Electric Cooperative is an electric cooperative serving about 25,042 homes in Oklahoma. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.
- Average price (2026 est.)
- 13.5¢1% below Oklahoma average
- Typical bill
- $1601,183 kWh a month
- Exports credited
- ~19%Avoided-cost export credit
- Typical payback
- 14.4 yrs8.4 kW, cash
Export rules for Lake Region Electric Cooperative customers
Avoided-cost export credit (Oklahoma rule).
Oklahoma requires net metering, but only your same-month usage is offset at retail. Any excess left at the end of the billing period is bought at the utility's avoided cost, typically just a few cents per kWh.
Solar for a typical Lake Region Electric Cooperative home
| System | 8.4 kW (90% of 1,183 kWh/month) |
|---|---|
| Cost | $24,500 |
| First-year savings | $1,675 |
| Payback | 14.4 years |
| 25-year net | $23,582 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 107
- Share of customers
- 0.4%
- Residential solar capacity
- 1 MW
- Residential customers
- 25,042
EIA-861, 2025.
Questions about Lake Region Electric Cooperative and solar
Does Lake Region Electric Cooperative have net metering?
Lake Region Electric Cooperative follows Oklahoma's rules: Oklahoma requires net metering, but only your same-month usage is offset at retail. Any excess left at the end of the billing period is bought at the utility's avoided cost, typically just a few cents per kWh.
How much does electricity cost with Lake Region Electric Cooperative?
Residential customers paid an average of 13.0¢ per kWh in 2025 (EIA), about 13.5¢ adjusted to 2026. The typical home uses 1,183 kWh a month, a bill of about $160.
Is solar worth it with Lake Region Electric Cooperative?
For a typical customer, solar is a close call: a 8.4 kW system costing about $24,500 pays back in about 14.4 years, with $23,582 net over 25 years.
How many Lake Region Electric Cooperative customers have solar?
About 107 homes had net-metered solar at the end of 2025, roughly 0.4% of residential customers (EIA-861).
Legal name: Lake Region Electric Coop, Inc - (OK) (EIA ID 10599). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.