Tipmont Rural Electric Member and solar
Tipmont Rural Electric Member is an electric cooperative serving about 29,540 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.)
- 17.4¢3% above Indiana average
- Typical bill
- $173996 kWh a month
- Exports credited
- ~31%Reduced export credit
- Typical payback
- 16.4 yrs4.5 kW, cash
Export rules for Tipmont Rural Electric Member 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 Tipmont Rural Electric Member home
| System | 4.5 kW (50% of 996 kWh/month) |
|---|---|
| Cost | $14,975 |
| First-year savings | $850 |
| Payback | 16.4 years |
| 25-year net | $11,171 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 99
- Share of customers
- 0.3%
- Residential solar capacity
- 1 MW
- Residential customers
- 29,540
EIA-861, 2025.
Questions about Tipmont Rural Electric Member and solar
Does Tipmont Rural Electric Member have net metering?
Tipmont Rural Electric Member 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 Tipmont Rural Electric Member?
Residential customers paid an average of 16.4¢ per kWh in 2025 (EIA), about 17.4¢ adjusted to 2026. The typical home uses 996 kWh a month, a bill of about $173.
Is solar worth it with Tipmont Rural Electric Member?
For a typical customer, solar is a close call: a 4.5 kW system costing about $14,975 pays back in about 16.4 years, with $11,171 net over 25 years.
How many Tipmont Rural Electric Member customers have solar?
About 99 homes had net-metered solar at the end of 2025, roughly 0.3% of residential customers (EIA-861).
Legal name: Tipmont Rural Elec Member Corp (EIA ID 18940). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.