Licking Rural Electric and solar
Licking Rural Electric is an electric cooperative serving about 26,038 homes in Ohio. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 18.4¢1% above Ohio average
- Typical bill
- $2001,086 kWh a month
- Exports credited
- ~44%Reduced export credit
- Typical payback
- 12.3 yrs8.1 kW, cash
Export rules for Licking Rural Electric customers
Reduced export credit (Ohio rule).
Ohio's investor-owned utilities must offer net metering. Within a month, solar offsets your usage at full retail; any extra energy beyond your monthly use is credited only at the generation (energy supply) price, roughly half of the retail rate.
Solar for a typical Licking Rural Electric home
| System | 8.1 kW (80% of 1,086 kWh/month) |
|---|---|
| Cost | $23,750 |
| First-year savings | $1,864 |
| Payback | 12.3 years |
| 25-year net | $32,271 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 26,038
EIA-861, 2025.
Questions about Licking Rural Electric and solar
Does Licking Rural Electric have net metering?
Licking Rural Electric follows Ohio's rules: Ohio's investor-owned utilities must offer net metering. Within a month, solar offsets your usage at full retail; any extra energy beyond your monthly use is credited only at the generation (energy supply) price, roughly half of the retail rate.
How much does electricity cost with Licking Rural Electric?
Residential customers paid an average of 17.0¢ per kWh in 2025 (EIA), about 18.4¢ adjusted to 2026. The typical home uses 1,086 kWh a month, a bill of about $200.
Is solar worth it with Licking Rural Electric?
For a typical customer, solar is worth it: a 8.1 kW system costing about $23,750 pays back in about 12.3 years, with $32,271 net over 25 years.
How many Licking Rural Electric customers have solar?
Licking Rural Electric did not report residential net-metered solar to EIA for 2025.
Legal name: Licking Rural Electric Inc (EIA ID 10668). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.