Typical customer: Worth it

People's Electric Cooperative and solar

People's Electric Cooperative is an electric cooperative serving about 14,774 homes in Oklahoma. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.

Average price (2026 est.)
16.2¢18% above Oklahoma average
Typical bill
$2251,388 kWh a month
Exports credited
~15%Avoided-cost export credit
Typical payback
12 yrs11 kW, cash

Export rules for People's Electric Cooperative customers

Avoided-cost export credit (Oklahoma rule).

Oklahoma requires net metering, but only your same-month usage is offset at retail. Any excess left at the end of the billing period is bought at the utility's avoided cost, typically just a few cents per kWh.

Oklahoma net metering details

Solar for a typical People's Electric Cooperative home

System11 kW (100% of 1,388 kWh/month)
Cost$31,000
First-year savings$2,536
Payback12.0 years
25-year net$44,350

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
205
Share of customers
1.4%
Residential solar capacity
3 MW
Residential customers
14,774

EIA-861, 2025.

Questions about People's Electric Cooperative and solar

Does People's Electric Cooperative have net metering?

People's Electric Cooperative follows Oklahoma's rules: Oklahoma requires net metering, but only your same-month usage is offset at retail. Any excess left at the end of the billing period is bought at the utility's avoided cost, typically just a few cents per kWh.

How much does electricity cost with People's Electric Cooperative?

Residential customers paid an average of 15.6¢ per kWh in 2025 (EIA), about 16.2¢ adjusted to 2026. The typical home uses 1,388 kWh a month, a bill of about $225.

Is solar worth it with People's Electric Cooperative?

For a typical customer, solar is worth it: a 11 kW system costing about $31,000 pays back in about 12 years, with $44,350 net over 25 years.

How many People's Electric Cooperative customers have solar?

About 205 homes had net-metered solar at the end of 2025, roughly 1.4% of residential customers (EIA-861).

Legal name: People's Electric Cooperative (EIA ID 14775). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.