Lumbee River Electric Member and solar
Lumbee River Electric Member is an electric cooperative serving about 65,422 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.
- Average price (2026 est.)
- 15.1¢2% above North Carolina average
- Typical bill
- $2041,352 kWh a month
- Exports credited
- ~23%Net billing (reduced export credit)
- Typical payback
- 13.4 yrs10.3 kW, cash
Export rules for Lumbee River Electric Member customers
Net billing (reduced export credit) (North Carolina rule).
Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
Solar for a typical Lumbee River Electric Member home
| System | 10.3 kW (90% of 1,352 kWh/month) |
|---|---|
| Cost | $27,705 |
| First-year savings | $2,120 |
| Payback | 13.4 years |
| 25-year net | $29,241 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- —
- Share of customers
- —
- Residential solar capacity
- —
- Residential customers
- 65,422
EIA-861, 2025.
Questions about Lumbee River Electric Member and solar
Does Lumbee River Electric Member have net metering?
Lumbee River Electric Member follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.
How much does electricity cost with Lumbee River Electric Member?
Residential customers paid an average of 14.3¢ per kWh in 2025 (EIA), about 15.1¢ adjusted to 2026. The typical home uses 1,352 kWh a month, a bill of about $204.
Is solar worth it with Lumbee River Electric Member?
For a typical customer, solar is a close call: a 10.3 kW system costing about $27,705 pays back in about 13.4 years, with $29,241 net over 25 years.
How many Lumbee River Electric Member customers have solar?
Lumbee River Electric Member did not report residential net-metered solar to EIA for 2025.
Legal name: Lumbee River Elec Member Corp (EIA ID 11291). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.