Typical customer: Not worth it

Western Indiana Energy REMC and solar

Western Indiana Energy REMC is an electric cooperative serving about 15,012 homes in Indiana. Here's what its rates and export rules mean for solar: for a typical customer, solar is not worth it.

Average price (2026 est.)
15.6¢8% below Indiana average
Typical bill
$1921,231 kWh a month
Exports credited
~35%Reduced export credit
Typical payback
17.3 yrs5.6 kW, cash

Export rules for Western Indiana Energy REMC 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).

Indiana net metering details

Solar for a typical Western Indiana Energy REMC home

System5.6 kW (50% of 1,231 kWh/month)
Cost$17,780
First-year savings$959
Payback17.3 years
25-year net$11,120

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
57
Share of customers
0.4%
Residential solar capacity
1 MW
Residential customers
15,012

EIA-861, 2025.

Questions about Western Indiana Energy REMC and solar

Does Western Indiana Energy REMC have net metering?

Western Indiana Energy REMC 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 Western Indiana Energy REMC?

Residential customers paid an average of 14.7¢ per kWh in 2025 (EIA), about 15.6¢ adjusted to 2026. The typical home uses 1,231 kWh a month, a bill of about $192.

Is solar worth it with Western Indiana Energy REMC?

For a typical customer, solar is not worth it: a 5.6 kW system costing about $17,780 pays back in about 17.3 years, with $11,120 net over 25 years.

How many Western Indiana Energy REMC customers have solar?

About 57 homes had net-metered solar at the end of 2025, roughly 0.4% of residential customers (EIA-861).

Legal name: Western Indiana Energy REMC (EIA ID 25295). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.