Peace River Electric Cooperative and solar
Peace River Electric Cooperative is an electric cooperative serving about 62,018 homes in Florida. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 13.0¢16% below Florida average
- Typical bill
- $1531,177 kWh a month
- Exports credited
- RetailFull retail net metering
- Typical payback
- 11.9 yrs9.2 kW, cash
Export rules for Peace River Electric Cooperative customers
Full retail net metering (Florida rule).
Florida's investor-owned utilities (FPL, Duke Energy Florida, TECO) must offer full retail net metering: exports earn kWh credits that roll over for up to 12 months, then any leftover is paid at a low avoided-cost rate. Municipal and co-op utilities set their own terms, and some pay less.
Solar for a typical Peace River Electric Cooperative home
| System | 9.2 kW (101% of 1,177 kWh/month) |
|---|---|
| Cost | $21,440 |
| First-year savings | $1,818 |
| Payback | 11.9 years |
| 25-year net | $31,391 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 1,468
- Share of customers
- 2.4%
- Residential solar capacity
- 11 MW
- Residential customers
- 62,018
EIA-861, 2025.
Questions about Peace River Electric Cooperative and solar
Does Peace River Electric Cooperative have net metering?
Peace River Electric Cooperative follows Florida's rules: Florida's investor-owned utilities (FPL, Duke Energy Florida, TECO) must offer full retail net metering: exports earn kWh credits that roll over for up to 12 months, then any leftover is paid at a low avoided-cost rate. Municipal and co-op utilities set their own terms, and some pay less.
How much does electricity cost with Peace River Electric Cooperative?
Residential customers paid an average of 12.8¢ per kWh in 2025 (EIA), about 13.0¢ adjusted to 2026. The typical home uses 1,177 kWh a month, a bill of about $153.
Is solar worth it with Peace River Electric Cooperative?
For a typical customer, solar is worth it: a 9.2 kW system costing about $21,440 pays back in about 11.9 years, with $31,391 net over 25 years.
How many Peace River Electric Cooperative customers have solar?
About 1,468 homes had net-metered solar at the end of 2025, roughly 2.4% of residential customers (EIA-861).
Legal name: Peace River Electric Coop, Inc (EIA ID 14606). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.