Typical customer: Worth it

TNMP and solar

TNMP is an investor-owned utility serving about 237,930 homes in Texas. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.

Average price (2026 est.)
19.4¢22% above Texas average
Typical bill
$2231,151 kWh a month
Exports credited
~31%No statewide net metering
Typical payback
11.6 yrs4.5 kW, cash

Export rules for TNMP customers

No statewide net metering (Texas rule).

Texas has no statewide net metering. In the deregulated ERCOT market you pick a retail electricity provider, and a few offer 'solar buyback' plans (typically 3-9 c/kWh, some match retail). Municipal utilities and co-ops set their own rules, e.g., Austin Energy's Value of Solar credit.

Texas net metering details

Solar for a typical TNMP home

System4.5 kW (50% of 1,151 kWh/month)
Cost$12,950
First-year savings$1,096
Payback11.6 years
25-year net$20,069

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
237,930

EIA-861, 2025. In competitive markets, some solar is reported by retail electricity providers instead.

Questions about TNMP and solar

Does TNMP have net metering?

TNMP follows Texas's rules: Texas has no statewide net metering. In the deregulated ERCOT market you pick a retail electricity provider, and a few offer 'solar buyback' plans (typically 3-9 c/kWh, some match retail). Municipal utilities and co-ops set their own rules, e.g., Austin Energy's Value of Solar credit.

How much does electricity cost with TNMP?

Residential customers paid an average of 18.7¢ per kWh in 2025 (EIA), about 19.4¢ adjusted to 2026. The typical home uses 1,151 kWh a month, a bill of about $223.

Is solar worth it with TNMP?

For a typical customer, solar is worth it: a 4.5 kW system costing about $12,950 pays back in about 11.6 years, with $20,069 net over 25 years.

How many TNMP customers have solar?

TNMP did not report residential net-metered solar to EIA for 2025, likely because retail electric providers report it in competitive markets.

Legal name: Texas-New Mexico Power Co (EIA ID 40051). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.