Typical customer: Not worth it

Madisonville Municipal Utils and solar

Madisonville Municipal Utils is a municipal utility serving about 6,923 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.)
12.6¢9% below Kentucky average
Typical bill
$116920 kWh a month
Exports credited
~59%Net billing (reduced export credit)
Typical payback
21.2 yrs4.1 kW, cash

Export rules for Madisonville Municipal Utils customers

Net billing (reduced export credit) (Kentucky rule).

Kentucky requires net metering for systems up to 45 kW, but since SB 100 (2019) the PSC sets the export credit in each utility's rate case. For the big investor-owned utilities, power you send to the grid earns a bill credit of roughly 7-10 cents/kWh, well below the retail rate.

Kentucky net metering details

Solar for a typical Madisonville Municipal Utils home

System4.1 kW (50% of 920 kWh/month)
Cost$13,135
First-year savings$624
Payback21.2 years
25-year net$2,911

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
3
Share of customers
0.0%
Residential solar capacity
0 MW
Residential customers
6,923

EIA-861, 2025.

Questions about Madisonville Municipal Utils and solar

Does Madisonville Municipal Utils have net metering?

Madisonville Municipal Utils follows Kentucky's rules: Kentucky requires net metering for systems up to 45 kW, but since SB 100 (2019) the PSC sets the export credit in each utility's rate case. For the big investor-owned utilities, power you send to the grid earns a bill credit of roughly 7-10 cents/kWh, well below the retail rate.

How much does electricity cost with Madisonville Municipal Utils?

Residential customers paid an average of 11.9¢ per kWh in 2025 (EIA), about 12.6¢ adjusted to 2026. The typical home uses 920 kWh a month, a bill of about $116.

Is solar worth it with Madisonville Municipal Utils?

For a typical customer, solar is not worth it: a 4.1 kW system costing about $13,135 pays back in about 21.2 years, with $2,911 net over 25 years.

How many Madisonville Municipal Utils customers have solar?

About 3 homes had net-metered solar at the end of 2025, roughly 0.0% of residential customers (EIA-861).

Legal name: Madisonville Municipal Utils (EIA ID 11488). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.