How 55 large utilities credit the solar power you send to the grid
The power your panels send out when you're not using it is worth whatever your utility says it is: the full retail price at some, a few cents at others. That one rule can change a system's payback by years.
Checked November 12, 2026
22Credit exported power at the full retail price
9Net within the month, then pay less for the surplus
22Pay a reduced export rate
2Leave it to your retail electricity plan (Texas)
| Utility | State | Exported power | Credit |
|---|---|---|---|
| Alabama Power | Alabama | Reduced credit (net billing) | 3.5¢ (est.) |
| Arizona Public Service (APS) | Arizona | Reduced credit (net billing) | 6.17¢ |
| Salt River Project (SRP) | Arizona | Reduced credit (net billing) | 3.45¢ |
| Tucson Electric Power (TEP) | Arizona | Reduced credit (net billing) | 5.1¢ |
| LADWP | California | Full credit (net metering) | Full retail |
| PG&E | California | Reduced credit (net billing) | 4.9¢ |
| SDG&E | California | Reduced credit (net billing) | 3.7¢ |
| SMUD | California | Reduced credit (net billing) | 9.6¢ |
| Southern California Edison (SCE) | California | Reduced credit (net billing) | 6.6¢ |
| Xcel Energy (Colorado) | Colorado | Full credit (net metering) | Full retail |
| Eversource (Connecticut) | Connecticut | Full credit (net metering) | About 85% of retail |
| Duke Energy Florida | Florida | Full credit (net metering) | Full retail |
| Florida Power & Light (FPL) | Florida | Full credit (net metering) | Full retail |
| Tampa Electric (TECO) | Florida | Full credit (net metering) | Full retail |
| Georgia Power | Georgia | Reduced credit (net billing) | 7.22¢ |
| Hawaiian Electric | Hawaii | Reduced credit (net billing) | 13.5¢ |
| Idaho Power | Idaho | Reduced credit (net billing) | 4¢ (est.) |
| Ameren Illinois | Illinois | Reduced credit (net billing) | About 50% of retail |
| ComEd | Illinois | Reduced credit (net billing) | About 50% of retail |
| AES Indiana | Indiana | Reduced credit (net billing) | 5.43¢ |
| Duke Energy Indiana | Indiana | Reduced credit (net billing) | 5¢ (est.) |
| Evergy (Kansas and Missouri) | Kansas | Monthly netting | About 85% of retail |
| LG&E and KU | Kentucky | Reduced credit (net billing) | 7.5¢ |
| Entergy Louisiana | Louisiana | Reduced credit (net billing) | About 30% of retail |
| Baltimore Gas and Electric (BGE) | Maryland | Full credit (net metering) | Full retail |
| Pepco (Maryland and DC) | Maryland | Full credit (net metering) | Full retail |
| Eversource (Massachusetts) | Massachusetts | Full credit (net metering) | Full retail |
| National Grid (Massachusetts) | Massachusetts | Full credit (net metering) | Full retail |
| Consumers Energy | Michigan | Reduced credit (net billing) | 12¢ (est.) |
| DTE Energy | Michigan | Reduced credit (net billing) | 10.9¢ (est.) |
| Xcel Energy (Minnesota) | Minnesota | Full credit (net metering) | Full retail |
| Ameren Missouri | Missouri | Monthly netting | About 85% of retail |
| NV Energy | Nevada | Reduced credit (net billing) | About 75% of retail |
| Jersey Central Power & Light (JCP&L) | New Jersey | Full credit (net metering) | Full retail |
| PSE&G | New Jersey | Full credit (net metering) | Full retail |
| Con Edison | New York | Full credit (net metering) | Full retail |
| National Grid (New York) | New York | Full credit (net metering) | Full retail |
| PSEG Long Island | New York | Full credit (net metering) | Full retail |
| Duke Energy (North Carolina) | North Carolina | Monthly netting | About 80% of retail |
| AEP Ohio | Ohio | Monthly netting | About 90% of retail |
| FirstEnergy Ohio (Ohio Edison, Illuminating Co., Toledo Edison) | Ohio | Monthly netting | About 90% of retail |
| OG&E | Oklahoma | Monthly netting | About 85% of retail |
| Portland General Electric | Oregon | Full credit (net metering) | Full retail |
| PECO | Pennsylvania | Full credit (net metering) | Full retail |
| PPL Electric Utilities | Pennsylvania | Full credit (net metering) | Full retail |
| Duke Energy (South Carolina) | South Carolina | Monthly netting | About 85% of retail |
| Austin Energy | Texas | Reduced credit (net billing) | 9.91¢ |
| CenterPoint Energy (Houston) | Texas | No statewide rule | Set by your retail plan |
| CPS Energy (San Antonio) | Texas | Monthly netting | About 85% of retail (est.) |
| Oncor | Texas | No statewide rule | Set by your retail plan |
| Rocky Mountain Power (Utah) | Utah | Reduced credit (net billing) | 4.3¢ (est.) |
| Appalachian Power (Virginia) | Virginia | Full credit (net metering) | Full retail |
| Dominion Energy Virginia | Virginia | Full credit (net metering) | Full retail |
| Puget Sound Energy | Washington | Full credit (net metering) | Full retail |
| We Energies | Wisconsin | Monthly netting | About 75% of retail |
¢ figures are cents per kWh; (est.) marks our estimate where the utility's rate varies or isn't published as one number. Each page shows what the rule means for a typical home in that state.
Not on the list? Your state page has the statewide rule, and city utilities and co-ops often set their own.
Sources are listed on each utility's page.