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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.

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AEP Ohio (Ohio Power Company) AEP Ohio · about 19.33c per kWh (2024) Rates up about 41% since 2015 · Ohio net metering: exports credited at the generation rate only, not full retail Ameren Illinois Ameren Illinois · about 16.67c per kWh (2025) Rates up about 62% since 2015 · Net metering, supply-side credit for new systems (Rider NM) Appalachian Power (Virginia) APCo · about 17.02c per kWh (2024) Rates up about 52% since 2015 · Retail-rate net metering (1:1) Arizona Public Service APS · about 17.03c per kWh (2025) Rates up about 32% since 2015 · Net billing (RCP export rate, ~6.85 cents/kWh) Atlantic City Electric ACE · about 23.41c per kWh (2024) Rates up about 36% since 2015 · Retail-rate net metering (1:1), successor program under review Austin Energy Austin Energy · about 12.58c per kWh (2024) Rates up about 17% since 2015 · Value of Solar tariff (not net metering) Baltimore Gas and Electric BGE · about 20.19c per kWh (2025) Rates up about 42% since 2015 · Full retail net metering (Maryland statewide program) CPS Energy CPS Energy · about 12.4c per kWh (2025) Rates up about 16% since 2015 · Net billing (retail to usage, ~2c surplus) CenterPoint Energy Houston Electric CenterPoint · about 15.47c per kWh (2025) Rates up about 34% since 2015 · No statewide net metering; REP solar buyback Colorado Springs Utilities CSU · about 14.45c per kWh (2024) Rates up about 17% since 2015 · Net metering at retail, low buyback for excess (municipal) Commonwealth Edison ComEd · about 17.72c per kWh (2025) Rates up about 35% since 2015 · Net metering 2.0, supply-only credit for new systems (CEJA) Consolidated Edison Con Edison · about 36.73c per kWh (2025) Rates up about 40% since 2015 · Net metering with a monthly Customer Benefit Contribution, VDER Value Stack optional Consumers Energy Consumers Energy · about 20.66c per kWh (2025) Rates up about 41% since 2015 · Distributed Generation (net metering successor) DTE Electric Company DTE · about 20.25c per kWh (2025) Rates up about 39% since 2015 · Distributed Generation (inflow and outflow tariff) Dominion Energy Virginia Dominion · about 14.09c per kWh (2024) Rates up about 27% since 2015 · Retail-rate net metering (1:1) Duke Energy Carolinas Duke Carolinas · about 13.94c per kWh (2024) Rates up about 31% since 2015 · Net billing (avoided-cost exports, mandatory time-of-use) Duke Energy Florida Duke Energy Florida · about 18.36c per kWh (2025) Rates up about 39% since 2015 · Full retail-rate net metering (FL Rule 25-6.065) Duke Energy Progress Duke Progress · about 15.54c per kWh (2024) Rates up about 41% since 2015 · Net billing (avoided-cost exports, mandatory time-of-use) Eversource Energy (Connecticut) Eversource CT · about 28.51c per kWh (2024) Rates up about 42% since 2015 · Residential Renewable Energy Solutions: Netting or Buy-All, 20-year locked tariff Eversource Energy (Massachusetts) Eversource · about 30.5c per kWh (2025) Rates up about 44% since 2015 · Favorable: near retail net metering plus the SMART incentive Florida Power & Light FPL · about 14.62c per kWh (2025) Rates up about 37% since 2015 · Full retail-rate net metering (kWh-for-kWh) Georgia Power Georgia Power · about 15.49c per kWh (2024) Rates up about 27% since 2015 · RNR Instantaneous Netting (avoided-cost exports) Hawaiian Electric Hawaiian Electric · about 40.54c per kWh (2025) Rates up about 45% since 2015 · Smart Renewable Energy Export, fixed TOU export credits (NEM closed since 2015) Jersey Central Power & Light JCP&L · about 15.65c per kWh (2024) Rates up about 17% since 2015 · Retail-rate net metering (1:1), successor program under review Los Angeles Department of Water and Power LADWP · about 26.48c per kWh (2025) Rates up about 72% since 2015 · Retail-rate net metering (municipal program) National Grid (Massachusetts) National Grid MA · about 33.6c per kWh (2024) Rates up about 64% since 2015 · Near-retail net metering (25 kW cap-exempt) plus the SMART production incentive National Grid (Niagara Mohawk) National Grid · about 19.88c per kWh (2025) Rates up about 49% since 2015 · Net metering (Phase One) with a Customer Benefit Contribution, VDER Value Stack optional Nevada Power Company Nevada Power (NV Energy South) · about 13.08c per kWh (2025) Rates up about 10% since 2015 · Tier 4 net metering - 75% of retail rate Oncor Electric Delivery Oncor · about 15.47c per kWh (2025) Rates up about 34% since 2015 · No statewide net metering; REP-set solar buyback PECO Energy Company PECO · about 18.01c per kWh (2025) Rates up about 32% since 2015 · Full retail net metering PPL Electric Utilities PPL · about 18.6c per kWh (2025) Rates up about 33% since 2015 · Net metering in transition, moving to export credits below retail PSEG Long Island (LIPA) PSEG Long Island · about 24.57c per kWh (2024) Rates up about 28% since 2015 · kWh banking net metering, 20-year term, with a Customer Benefit Contribution for post-2021 systems Pacific Gas & Electric PG&E · about 39.91c per kWh (2025) Rates up about 121% since 2015 · NEM 3.0 (Net Billing Tariff, avoided-cost exports) Portland General Electric Portland General · about 18.19c per kWh (2024) Rates up about 57% since 2015 · Full retail kWh net metering with a March true-up that donates leftovers Public Service Electric & Gas PSE&G · about 20.42c per kWh (2024) Rates up about 24% since 2015 · Retail-rate net metering (1:1), successor program under review Puget Sound Energy PSE · about 17.0c per kWh (2025) Rates up about 63% since 2015 · Full one for one retail net metering (Schedule 150) Rocky Mountain Power (Utah) Rocky Mountain Power · about 12.52c per kWh (2024) Rates up about 9% since 2015 · Schedule 137 net billing: exports credited at about 4 to 4.9 cents, expiring each March Sacramento Municipal Utility District SMUD · about 18.93c per kWh (2025) Rates up about 40% since 2015 · Municipal - Solar & Storage Rate (SSR), flat export credit Salt River Project SRP · about 13.98c per kWh (2025) Rates up about 21% since 2015 · No retail net metering - flat 3.45 c/kWh export credit (net billing) San Diego Gas & Electric SDG&E · about 43.73c per kWh (2025) Rates up about 110% since 2015 · NEM 3.0 (California Net Billing Tariff) Sierra Pacific Power Sierra Pacific (NV Energy North) · about 13.14c per kWh (2025) Rates up about 11% since 2015 · Tiered NEM (AB405), Tier 4 = 75% of retail Southern California Edison SCE · about 32.96c per kWh (2025) Rates up about 100% since 2015 · NEM 3.0 (Net Billing Tariff) Tampa Electric Company TECO · about 17.32c per kWh (2025) Rates up about 51% since 2015 · Full retail-rate net metering (1:1) Tucson Electric Power TEP · about 14.88c per kWh (2025) Rates up about 29% since 2015 · Net billing (RCP export rate, below retail) Xcel Energy (Colorado) Xcel CO · about 15.05c per kWh (2024) Rates up about 30% since 2015 · Retail-rate net metering (1:1) Xcel Energy (Minnesota) Xcel (MN) · about 17.07c per kWh (2025) Rates up about 35% since 2015 · Net metering at the retail rate for systems up to 40 kW

Now covering 46 major utilities across 23 states, from California and Hawaii to New England, with more added over time. Rate figures from EIA Form 861; net metering rules per each utility.