Southern Indiana Gas & Electric and solar
Southern Indiana Gas & Electric is an investor-owned utility serving about 134,700 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.)
- 21.0¢24% above Indiana average
- Typical bill
- $188895 kWh a month
- Exports credited
- ~26%Reduced export credit
- Typical payback
- 13.8 yrs3.9 kW, cash
Export rules for Southern Indiana Gas & Electric 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 Southern Indiana Gas & Electric home
| System | 3.9 kW (50% of 895 kWh/month) |
|---|---|
| Cost | $13,445 |
| First-year savings | $911 |
| Payback | 13.8 years |
| 25-year net | $15,623 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 836
- Share of customers
- 0.6%
- Residential solar capacity
- 9 MW
- Residential customers
- 134,700
EIA-861, 2025.
Cities served
Questions about Southern Indiana Gas & Electric and solar
Does Southern Indiana Gas & Electric have net metering?
Southern Indiana Gas & Electric 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 Southern Indiana Gas & Electric?
Residential customers paid an average of 19.8¢ per kWh in 2025 (EIA), about 21.0¢ adjusted to 2026. The typical home uses 895 kWh a month, a bill of about $188.
Is solar worth it with Southern Indiana Gas & Electric?
For a typical customer, solar is a close call: a 3.9 kW system costing about $13,445 pays back in about 13.8 years, with $15,623 net over 25 years.
How many Southern Indiana Gas & Electric customers have solar?
About 836 homes had net-metered solar at the end of 2025, roughly 0.6% of residential customers (EIA-861).
Legal name: Southern Indiana Gas & Elec Co (EIA ID 17633). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.