Typical customer: Not worth it

Wells Rural Electric and solar

Wells Rural Electric is an electric cooperative serving about 5,161 homes in Nevada, Utah. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
10.4¢22% below Nevada average
Typical bill
$1061,019 kWh a month
Exports credited
~84%Reduced export credit
Typical payback
20.7 yrs3.5 kW, cash

Export rules for Wells Rural Electric customers

Reduced export credit (Nevada rule).

NV Energy credits exported solar at 75% of the retail energy rate (Tier 4, locked for 20 years). In September 2025 regulators approved 15-minute netting for new Northern Nevada (Sierra Pacific) customers from Oct 1, 2025, which sharply reduces how much usage solar can offset at full price; Southern Nevada (Nevada Power) gets a new demand charge from April 2026.

Nevada net metering details

Solar for a typical Wells Rural Electric home

System3.5 kW (50% of 1,019 kWh/month)
Cost$11,200
First-year savings$608
Payback20.7 years
25-year net$2,478

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
—
Share of customers
—
Residential solar capacity
—
Residential customers
5,161

EIA-861, 2025.

Questions about Wells Rural Electric and solar

Does Wells Rural Electric have net metering?

Wells Rural Electric follows Nevada's rules: NV Energy credits exported solar at 75% of the retail energy rate (Tier 4, locked for 20 years). In September 2025 regulators approved 15-minute netting for new Northern Nevada (Sierra Pacific) customers from Oct 1, 2025, which sharply reduces how much usage solar can offset at full price; Southern Nevada (Nevada Power) gets a new demand charge from April 2026.

How much does electricity cost with Wells Rural Electric?

Residential customers paid an average of 10.3¢ per kWh in 2025 (EIA), about 10.4¢ adjusted to 2026. The typical home uses 1,019 kWh a month, a bill of about $106.

Is solar worth it with Wells Rural Electric?

For a typical customer, solar is not worth it: a 3.5 kW system costing about $11,200 pays back in about 20.7 years, with $2,478 net over 25 years.

How many Wells Rural Electric customers have solar?

Wells Rural Electric did not report residential net-metered solar to EIA for 2025.

Legal name: Wells Rural Electric Co (EIA ID 20332). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.