Typical customer: Not worth it

SWEPCO and solar

SWEPCO is an investor-owned utility serving about 473,880 homes in Louisiana, Texas, Arkansas. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
13.5¢4% above Louisiana average
Typical bill
$1491,104 kWh a month
Exports credited
3.8¢Avoided-cost export credit
Typical payback
17.7 yrs4.7 kW, cash

Export rules for SWEPCO customers

Avoided-cost export credit — about 3.8¢ per exported kWh, instantaneous netting.

LPSC avoided-cost schedule; exact value not verified.

Source

Louisiana net metering details

Solar for a typical SWEPCO home

System4.7 kW (50% of 1,104 kWh/month)
Cost$13,605
First-year savings$738
Payback17.7 years
25-year net$7,552

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
2,934
Share of customers
0.6%
Residential solar capacity
18 MW
Residential customers
473,880

EIA-861, 2025.

Questions about SWEPCO and solar

Does SWEPCO have net metering?

LPSC avoided-cost schedule; exact value not verified. Exported power is credited at about 3.8¢ per kWh.

How much does electricity cost with SWEPCO?

Residential customers paid an average of 13.0¢ per kWh in 2025 (EIA), about 13.5¢ adjusted to 2026. The typical home uses 1,104 kWh a month, a bill of about $149.

Is solar worth it with SWEPCO?

For a typical customer, solar is not worth it: a 4.7 kW system costing about $13,605 pays back in about 17.7 years, with $7,552 net over 25 years.

How many SWEPCO customers have solar?

About 2,934 homes had net-metered solar at the end of 2025, roughly 0.6% of residential customers (EIA-861).

Legal name: Southwestern Electric Power Co (EIA ID 17698). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.