Typical customer: Close call

Lea County Electric Cooperative and solar

Lea County Electric Cooperative is an electric cooperative serving about 9,498 homes in New Mexico, Texas. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
11.3¢26% below New Mexico average
Typical bill
$1251,111 kWh a month
Exports credited
~35%Varies by utility
Typical payback
15.9 yrs6 kW, cash

Export rules for Lea County Electric Cooperative customers

Varies by utility (New Mexico rule).

For systems up to 10 kW, New Mexico utilities either carry forward excess kWh credits or pay for them at avoided cost; most small residential systems effectively get retail offset for self-use and monthly netting. Larger systems get avoided cost for excess.

New Mexico net metering details

Solar for a typical Lea County Electric Cooperative home

System6 kW (80% of 1,111 kWh/month)
Cost$17,900
First-year savings$1,188
Payback15.9 years
25-year net$11,839

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
9,498

EIA-861, 2025.

Questions about Lea County Electric Cooperative and solar

Does Lea County Electric Cooperative have net metering?

Lea County Electric Cooperative follows New Mexico's rules: For systems up to 10 kW, New Mexico utilities either carry forward excess kWh credits or pay for them at avoided cost; most small residential systems effectively get retail offset for self-use and monthly netting. Larger systems get avoided cost for excess.

How much does electricity cost with Lea County Electric Cooperative?

Residential customers paid an average of 10.9¢ per kWh in 2025 (EIA), about 11.3¢ adjusted to 2026. The typical home uses 1,111 kWh a month, a bill of about $125.

Is solar worth it with Lea County Electric Cooperative?

For a typical customer, solar is a close call: a 6 kW system costing about $17,900 pays back in about 15.9 years, with $11,839 net over 25 years.

How many Lea County Electric Cooperative customers have solar?

Lea County Electric Cooperative did not report residential net-metered solar to EIA for 2025.

Legal name: Lea County Electric Coop, Inc - (NM) (EIA ID 10817). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.