Noble County R E M C and solar
Noble County R E M C is an electric cooperative serving about 11,036 homes in Indiana. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.
- Average price (2026 est.)
- 14.2¢16% below Indiana average
- Typical bill
- $1511,067 kWh a month
- Exports credited
- ~38%Reduced export credit
- Typical payback
- 19.2 yrs4.8 kW, cash
Export rules for Noble County R E M C customers
Reduced export credit (Indiana rule).
Indiana ended net metering for new customers in mid-2022. Under 'Excess Distributed Generation' (EDG) billing, solar you use at home offsets retail, but any electricity sent to the grid is credited at about 1.25 times the utility's wholesale energy price (AES Indiana: about 5.4 cents/kWh as of July 2026).
Solar for a typical Noble County R E M C home
| System | 4.8 kW (50% of 1,067 kWh/month) |
|---|---|
| Cost | $15,740 |
| First-year savings | $758 |
| Payback | 19.2 years |
| 25-year net | $6,665 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 75
- Share of customers
- 0.7%
- Residential solar capacity
- 1 MW
- Residential customers
- 11,036
EIA-861, 2025.
Questions about Noble County R E M C and solar
Does Noble County R E M C have net metering?
Noble County R E M C follows Indiana's rules: Indiana ended net metering for new customers in mid-2022. Under 'Excess Distributed Generation' (EDG) billing, solar you use at home offsets retail, but any electricity sent to the grid is credited at about 1.25 times the utility's wholesale energy price (AES Indiana: about 5.4 cents/kWh as of July 2026).
How much does electricity cost with Noble County R E M C?
Residential customers paid an average of 13.4¢ per kWh in 2025 (EIA), about 14.2¢ adjusted to 2026. The typical home uses 1,067 kWh a month, a bill of about $151.
Is solar worth it with Noble County R E M C?
For a typical customer, solar is not worth it: a 4.8 kW system costing about $15,740 pays back in about 19.2 years, with $6,665 net over 25 years.
How many Noble County R E M C customers have solar?
About 75 homes had net-metered solar at the end of 2025, roughly 0.7% of residential customers (EIA-861).
Legal name: Noble County R E M C (EIA ID 13647). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.