Typical customer: Not worth it

Town of High Point and solar

Town of High Point is a municipal utility serving about 38,553 homes in North Carolina. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
12.3¢17% below North Carolina average
Typical bill
$115932 kWh a month
Exports credited
~28%Net billing (reduced export credit)
Typical payback
17.9 yrs5.1 kW, cash

Export rules for Town of High Point customers

Net billing (reduced export credit) (North Carolina rule).

Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.

North Carolina net metering details

Solar for a typical Town of High Point home

System5.1 kW (64% of 932 kWh/month)
Cost$15,485
First-year savings$886
Payback17.9 years
25-year net$7,357

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
38,553

EIA-861, 2025.

Questions about Town of High Point and solar

Does Town of High Point have net metering?

Town of High Point follows North Carolina's rules: Duke Energy's new solar customers choose between the 'Bridge Rate' (retail-style net metering, open until Jan 1, 2027 or caps fill) and Residential Solar Choice, which requires a time-of-use rate and credits monthly net exports at avoided cost (~3.4-4 cents). Both include a minimum bill.

How much does electricity cost with Town of High Point?

Residential customers paid an average of 11.7¢ per kWh in 2025 (EIA), about 12.3¢ adjusted to 2026. The typical home uses 932 kWh a month, a bill of about $115.

Is solar worth it with Town of High Point?

For a typical customer, solar is not worth it: a 5.1 kW system costing about $15,485 pays back in about 17.9 years, with $7,357 net over 25 years.

How many Town of High Point customers have solar?

Town of High Point did not report residential net-metered solar to EIA for 2025.

Legal name: Town of High Point (EIA ID 8571). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.