Typical customer: Not worth it

LG&E and solar

LG&E is an investor-owned utility serving about 388,146 homes in Kentucky. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
13.2¢5% below Kentucky average
Typical bill
$123937 kWh a month
Exports credited
7.089¢Net billing (reduced export credit)
Typical payback
20.5 yrs4.2 kW, cash

Export rules for LG&E customers

Net billing (reduced export credit) — about 7.089¢ per exported kWh, varies netting.

NMS-2 export credit $0.07089/kWh per March 4, 2026 corrected order in Case 2025-00114. Grandfathered NMS-1 customers (pre-2021) keep 1:1 for 25 years.

Source

Kentucky net metering details

Solar for a typical LG&E home

System4.2 kW (50% of 937 kWh/month)
Cost$13,370
First-year savings$656
Payback20.5 years
25-year net$3,685

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
3,337
Share of customers
0.9%
Residential solar capacity
26 MW
Residential customers
388,146

EIA-861, 2025.

Cities served

Questions about LG&E and solar

Does LG&E have net metering?

NMS-2 export credit $0.07089/kWh per March 4, 2026 corrected order in Case 2025-00114. Grandfathered NMS-1 customers (pre-2021) keep 1:1 for 25 years. Exported power is credited at about 7.089¢ per kWh.

How much does electricity cost with LG&E?

Residential customers paid an average of 12.4¢ per kWh in 2025 (EIA), about 13.2¢ adjusted to 2026. The typical home uses 937 kWh a month, a bill of about $123.

Is solar worth it with LG&E?

For a typical customer, solar is not worth it: a 4.2 kW system costing about $13,370 pays back in about 20.5 years, with $3,685 net over 25 years.

How many LG&E customers have solar?

About 3,337 homes had net-metered solar at the end of 2025, roughly 0.9% of residential customers (EIA-861).

Legal name: Louisville Gas & Electric Co (EIA ID 11249). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.