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Solar · Utility Guides

Solar by utility company

Whether solar is worth it depends almost entirely on your electricity utility, its rates, how fast they are rising, and how it credits the solar you send back to the grid. We break it down by utility.

Choose your utility

Arizona Public Service APS · about 16.45c per kWh (2024) Rates up about 27% since 2015 · Net billing (RCP export rate, ~6.85 cents/kWh) Austin Energy Austin Energy · about 12.58c per kWh (2024) Rates up about 17% since 2015 · Value of Solar tariff (not net metering) CPS Energy CPS Energy · about 12.43c per kWh (2024) Rates up about 17% since 2015 · Net billing (retail to usage, ~2c surplus) CenterPoint Energy Houston Electric CenterPoint · about 14.94c per kWh (2024) Rates up about 29% since 2015 · No statewide net metering; REP solar buyback Duke Energy Florida Duke Energy Florida · about 16.63c per kWh (2024) Rates up about 26% since 2015 · Full retail-rate net metering (FL Rule 25-6.065) Florida Power & Light FPL · about 13.71c per kWh (2024) Rates up about 29% since 2015 · Full retail-rate net metering (kWh-for-kWh) Los Angeles Department of Water and Power LADWP · about 23.84c per kWh (2024) Rates up about 55% since 2015 · Retail-rate net metering (municipal program) Nevada Power Company Nevada Power (NV Energy South) · about 15.33c per kWh (2024) Rates up about 16% since 2015 · Tier 4 net metering - 75% of retail rate Oncor Electric Delivery Oncor · about 14.94c per kWh (2024) Rates up about 29% since 2015 · No statewide net metering; REP-set solar buyback Pacific Gas & Electric PG&E · about 39.62c per kWh (2024) Rates up about 120% since 2015 · NEM 3.0 (Net Billing Tariff, avoided-cost exports) Sacramento Municipal Utility District SMUD · about 17.87c per kWh (2024) Rates up about 32% since 2015 · Municipal - Solar & Storage Rate (SSR), flat export credit Salt River Project SRP · about 13.46c per kWh (2024) Rates up about 16% since 2015 · No retail net metering - flat 3.45 c/kWh export credit (net billing) San Diego Gas & Electric SDG&E · about 43.63c per kWh (2024) Rates up about 110% since 2015 · NEM 3.0 (California Net Billing Tariff) Sierra Pacific Power Sierra Pacific (NV Energy North) · about 14.52c per kWh (2024) Rates up about 23% since 2015 · Tiered NEM (AB405), Tier 4 = 75% of retail Southern California Edison SCE · about 32.43c per kWh (2024) Rates up about 96% since 2015 · NEM 3.0 (Net Billing Tariff) Tampa Electric Company TECO · about 14.67c per kWh (2024) Rates up about 28% since 2015 · Full retail-rate net metering (1:1) Tucson Electric Power TEP · about 15.63c per kWh (2024) Rates up about 36% since 2015 · Net billing (RCP export rate, below retail)

More California utilities coming soon. Rate figures from EIA Form 861; net metering rules per each utility.