South Central Indiana REMC and solar
South Central Indiana REMC is an electric cooperative serving about 35,216 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.)
- 18.6¢10% above Indiana average
- Typical bill
- $2111,133 kWh a month
- Exports credited
- ~29%Reduced export credit
- Typical payback
- 15 yrs5.1 kW, cash
Export rules for South Central Indiana REMC 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 South Central Indiana REMC home
| System | 5.1 kW (50% of 1,133 kWh/month) |
|---|---|
| Cost | $16,505 |
| First-year savings | $1,027 |
| Payback | 15.0 years |
| 25-year net | $15,471 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 274
- Share of customers
- 0.8%
- Residential solar capacity
- 3 MW
- Residential customers
- 35,216
EIA-861, 2025.
Questions about South Central Indiana REMC and solar
Does South Central Indiana REMC have net metering?
South Central Indiana REMC 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 South Central Indiana REMC?
Residential customers paid an average of 17.5¢ per kWh in 2025 (EIA), about 18.6¢ adjusted to 2026. The typical home uses 1,133 kWh a month, a bill of about $211.
Is solar worth it with South Central Indiana REMC?
For a typical customer, solar is a close call: a 5.1 kW system costing about $16,505 pays back in about 15 years, with $15,471 net over 25 years.
How many South Central Indiana REMC customers have solar?
About 274 homes had net-metered solar at the end of 2025, roughly 0.8% of residential customers (EIA-861).
Legal name: South Central Indiana REMC (EIA ID 12929). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.