Typical customer: Not worth it

Northeastern Rural E M C and solar

Northeastern Rural E M C is an electric cooperative serving about 31,034 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.)
16.4¢3% below Indiana average
Typical bill
$1681,026 kWh a month
Exports credited
~33%Reduced export credit
Typical payback
17.1 yrs4.6 kW, cash

Export rules for Northeastern Rural 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).

Indiana net metering details

Solar for a typical Northeastern Rural E M C home

System4.6 kW (50% of 1,026 kWh/month)
Cost$15,230
First-year savings$827
Payback17.1 years
25-year net$9,944

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
51
Share of customers
0.2%
Residential solar capacity
1 MW
Residential customers
31,034

EIA-861, 2025.

Questions about Northeastern Rural E M C and solar

Does Northeastern Rural E M C have net metering?

Northeastern Rural 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 Northeastern Rural E M C?

Residential customers paid an average of 15.4¢ per kWh in 2025 (EIA), about 16.4¢ adjusted to 2026. The typical home uses 1,026 kWh a month, a bill of about $168.

Is solar worth it with Northeastern Rural E M C?

For a typical customer, solar is not worth it: a 4.6 kW system costing about $15,230 pays back in about 17.1 years, with $9,944 net over 25 years.

How many Northeastern Rural E M C customers have solar?

About 51 homes had net-metered solar at the end of 2025, roughly 0.2% of residential customers (EIA-861).

Legal name: Northeastern Rural E M C (EIA ID 20603). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.