Typical customer: Not worth it

Monroe County Electric Power Association and solar

Monroe County Electric Power Association is an electric cooperative serving about 10,247 homes in Mississippi. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
13.8¢6% below Mississippi average
Typical bill
$1891,365 kWh a month
Exports credited
~43%Net billing (reduced export credit)
Typical payback
17 yrs5.7 kW, cash

Export rules for Monroe County Electric Power Association customers

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

Mississippi's Net Renewable Generation rules pay for exports at the utility's avoided cost plus a 2.5 cent/kWh adder (plus 2 cents more for low/moderate-income households). That works out to well below retail. Netting is effectively instantaneous via dual-channel metering.

Mississippi net metering details

Solar for a typical Monroe County Electric Power Association home

System5.7 kW (50% of 1,365 kWh/month)
Cost$15,755
First-year savings$968
Payback17.0 years
25-year net$8,942

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
10,247

EIA-861, 2025.

Questions about Monroe County Electric Power Association and solar

Does Monroe County Electric Power Association have net metering?

Monroe County Electric Power Association follows Mississippi's rules: Mississippi's Net Renewable Generation rules pay for exports at the utility's avoided cost plus a 2.5 cent/kWh adder (plus 2 cents more for low/moderate-income households). That works out to well below retail. Netting is effectively instantaneous via dual-channel metering.

How much does electricity cost with Monroe County Electric Power Association?

Residential customers paid an average of 13.2¢ per kWh in 2025 (EIA), about 13.8¢ adjusted to 2026. The typical home uses 1,365 kWh a month, a bill of about $189.

Is solar worth it with Monroe County Electric Power Association?

For a typical customer, solar is not worth it: a 5.7 kW system costing about $15,755 pays back in about 17 years, with $8,942 net over 25 years.

How many Monroe County Electric Power Association customers have solar?

Monroe County Electric Power Association did not report residential net-metered solar to EIA for 2025.

Legal name: Monroe County Elec Power Assn (EIA ID 40303). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.