Typical customer: Close call

Northern Indiana Pub Serv and solar

Northern Indiana Pub Serv is an investor-owned utility serving about 433,889 homes in Indiana. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
23.4¢38% above Indiana average
Typical bill
$157672 kWh a month
Exports credited
~17%Reduced export credit
Typical payback
14 yrs3 kW, cash

Export rules for Northern Indiana Pub Serv customers

Reduced export credit, instantaneous netting.

EDG rider; rate not verified.

Source

Indiana net metering details

Solar for a typical Northern Indiana Pub Serv home

System3 kW (49% of 672 kWh/month)
Cost$11,150
First-year savings$730
Payback14.0 years
25-year net$12,561

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
1,414
Share of customers
0.3%
Residential solar capacity
13 MW
Residential customers
433,889

EIA-861, 2025.

Questions about Northern Indiana Pub Serv and solar

Does Northern Indiana Pub Serv have net metering?

EDG rider; rate not verified.

How much does electricity cost with Northern Indiana Pub Serv?

Residential customers paid an average of 22.1¢ per kWh in 2025 (EIA), about 23.4¢ adjusted to 2026. The typical home uses 672 kWh a month, a bill of about $157.

Is solar worth it with Northern Indiana Pub Serv?

For a typical customer, solar is a close call: a 3 kW system costing about $11,150 pays back in about 14 years, with $12,561 net over 25 years.

How many Northern Indiana Pub Serv customers have solar?

About 1,414 homes had net-metered solar at the end of 2025, roughly 0.3% of residential customers (EIA-861).

Legal name: Northern Indiana Pub Serv Co (EIA ID 13756). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.