AES Indiana: how it credits the solar power you send to the grid
5.43 cents per kWh for exported power under Rider EDG (effective July 2026), 1.25 times AES's average marginal energy price, updated each spring.
Checked November 12, 2026. Utilities change these rules; check the current tariff before you sign.
How it works
AES Indiana credits exported power at 5.43 cents per kWh, about 34% of Indiana's average electricity price.
AES Indiana, serving Indianapolis, measures exported power on a separate meter channel and credits it at the EDG rate.
Everything you take from the grid is billed at full residential prices, an energy charge of about 14 to 15 cents per kWh before riders.
The rate is reset by March 1 each year.
What it means for a typical Indiana home
An average Indiana home uses about 11,256 kWh a year. A 7.5 kW system costs about $19,275 at the 2026 median price and makes about 9,990 kWh in its first year, of which we assume about 5,994 kWh goes out to the grid because no one is home to use it.
| First-year savings | Payback | 25-year savings, after the price | |
|---|---|---|---|
| With AES Indiana's credit | $963 | 19 years | $8,904 |
| If every exported kWh earned the full price | $1,594 | 11 years | $29,089 |
The difference, about $20,184 over 25 years, is what AES Indiana's rules cost a typical system compared with full net metering. Using more of the power at home, while the sun is up, closes some of that gap. Uses Indiana's average electricity price; AES Indiana's own prices may be higher or lower. Paid in cash, no federal credit, prices rising 2.5% a year, one inverter replacement.
Also in Indiana: Duke Energy Indiana (5¢ (est.)).
All 55 utilities · Solar in Indiana · Lease and PPA terms by company
Sources: AES Indiana: Rider 16, Excess Distributed Generation (July 2026); PV Tech: Indiana replaces net metering with excess distributed generation; AES Indiana: residential rates (July 2026); U.S. Energy Information Administration (EIA), final 2025 data: Annual State Historical Spreadsheets (Form EIA-861, released October 7, 2026) and Electric Power Annual (October 21, 2026); EnergySage: median quoted price, first half of 2026.