Lorain-Medina R E C and solar
Lorain-Medina R E C is an electric cooperative serving about 15,298 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.)
- 18.9¢4% above Ohio average
- Typical bill
- $2291,212 kWh a month
- Exports credited
- ~42%Reduced export credit
- Typical payback
- 12.1 yrs10.2 kW, cash
Export rules for Lorain-Medina R E C 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 Lorain-Medina R E C home
| System | 10.2 kW (90% of 1,212 kWh/month) |
|---|---|
| Cost | $29,000 |
| First-year savings | $2,324 |
| Payback | 12.1 years |
| 25-year net | $41,186 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 15,298
EIA-861, 2025.
Questions about Lorain-Medina R E C and solar
Does Lorain-Medina R E C have net metering?
Lorain-Medina R E C 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 Lorain-Medina R E C?
Residential customers paid an average of 17.5¢ per kWh in 2025 (EIA), about 18.9¢ adjusted to 2026. The typical home uses 1,212 kWh a month, a bill of about $229.
Is solar worth it with Lorain-Medina R E C?
For a typical customer, solar is worth it: a 10.2 kW system costing about $29,000 pays back in about 12.1 years, with $41,186 net over 25 years.
How many Lorain-Medina R E C customers have solar?
Lorain-Medina R E C did not report residential net-metered solar to EIA for 2025.
Legal name: Lorain-Medina R E C, Inc (EIA ID 11200). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.