Electricity & Solar Rate Tracker — 2026

A single reference for current electricity rates, net metering status and the federal tax credit situation — reviewed and re-verified periodically rather than left to go stale like most articles on this topic.

Last verified: July 2026 📊 25 US states + 9 countries
Federal tax credit status: The 30% US federal residential solar tax credit (Section 25D) expired December 31, 2025 for owned systems. New cash or loan purchases placed in service in 2026 receive $0 federal credit. Systems placed in service on or before Dec 31, 2025 remain eligible. See the full 2026 tax credit guide and the Solar Tax Credit & Incentive Calculator for what's still available locally.

US electricity rates & net metering by state

Sorted by average residential rate, highest to lowest. Rates are typical planning-stage averages — your actual bill may differ by utility and season.

StateAvg. ratePeak sun hoursTypical costNet metering status
Hawaii$0.425.5 hrs$3.40/WMostly closed to new net metering — newer systems use Grid-Supply or Self-Supply tariffs instead
California$0.315.8 hrs$3.10/WNet billing (NEM 3.0) — export credits well below retail rate
Rhode Island$0.294.0 hrs$3.20/WStatewide net metering at retail rate
Massachusetts$0.284.2 hrs$3.10/WNet metering plus SMART program performance-based incentive
Connecticut$0.283.9 hrs$3.20/WNetting or a buy-all/sell-all tariff option depending on program enrollment
New York$0.234.0 hrs$3.00/WNet metering / Value of Distributed Energy Resources (VDER) depending on utility
Alaska$0.233.0 hrs$3.30/WUtility-specific net metering, often capped and limited outside larger utilities
New Hampshire$0.223.9 hrs$3.10/WStatewide net metering, including a group net metering option for shared projects
Maine$0.213.9 hrs$3.00/WNet energy billing with a kWh credit carried forward on the bill
Vermont$0.203.8 hrs$3.00/WStatewide net metering, with a bonus adder for Vermont-manufactured equipment
Michigan$0.183.9 hrs$2.80/WDistributed Generation program — export credited below retail rate
New Jersey$0.184.2 hrs$2.90/WStatewide net metering at retail rate plus SREC-II incentive
Maryland$0.174.3 hrs$2.90/WStatewide net metering at retail rate
Pennsylvania$0.164.0 hrs$2.80/WStatewide net metering at retail rate
Illinois$0.164.2 hrs$2.80/WNet metering plus separate SREC-style incentive (Illinois Shines)
Wisconsin$0.164.1 hrs$2.80/WUtility-specific buyback rate, often below retail
Texas$0.155.5 hrs$2.60/WNo statewide mandate — varies by utility/retail provider
Ohio$0.154.0 hrs$2.70/WNet metering required, credited at retail or avoided-cost rate by utility
Indiana$0.154.1 hrs$2.70/WNet metering being phased down to a lower excess-credit rate by utility
Colorado$0.155.5 hrs$2.80/WStatewide net metering at retail rate up to program cap
Delaware$0.154.2 hrs$2.90/WStatewide net metering at retail rate
Florida$0.145.3 hrs$2.70/WStatewide net metering at retail rate
Virginia$0.144.5 hrs$2.70/WStatewide net metering, utility-administered
Arizona$0.146.5 hrs$2.60/WNet billing — export credited at an avoided-cost rate below retail
Minnesota$0.144.4 hrs$2.80/WNet metering, with a separate Value of Solar tariff option for larger systems
South Carolina$0.145.0 hrs$2.70/WNet metering under state-mandated utility programs
Alabama$0.144.7 hrs$2.60/WNo statewide net metering mandate — utility-specific and often includes a grid-access fee
Iowa$0.144.4 hrs$2.80/WNet metering available but phasing toward lower rates at some utilities for newer systems
Kansas$0.144.9 hrs$2.70/WNet metering with utility-specific rules and a size cap
New Mexico$0.146.4 hrs$2.70/WStatewide net metering at retail rate
Georgia$0.135.0 hrs$2.60/WUtility-specific — Georgia Power offers a monitored net metering program
Nevada$0.136.0 hrs$2.80/WNet metering restored at a tiered compensation rate below full retail for newer systems
Oregon$0.134.0 hrs$2.90/WStatewide net metering at retail rate
South Dakota$0.134.6 hrs$2.80/WUtility-specific net metering — no statewide mandate
West Virginia$0.134.1 hrs$2.80/WStatewide net metering at retail rate up to a program cap
North Carolina$0.124.8 hrs$2.60/WNet metering with a minimum monthly bill; export rate under review
Tennessee$0.124.6 hrs$2.60/WTVA/local utility dispersed power production program, not standard net metering
Missouri$0.124.6 hrs$2.60/WStatewide net metering at retail rate up to program cap
Kentucky$0.124.3 hrs$2.70/WNet metering at retail rate up to a cap, with lower compensation for excess above it
Mississippi$0.124.9 hrs$2.60/WNet metering with buyback near avoided cost, below retail rate
Montana$0.124.5 hrs$2.80/WStatewide net metering at retail rate up to a program cap
Nebraska$0.124.6 hrs$2.70/WStatewide net metering at retail rate
Oklahoma$0.125.3 hrs$2.60/WStatewide net metering at retail rate under commission rule
Wyoming$0.124.9 hrs$2.80/WStatewide net metering at retail rate
Washington$0.113.4 hrs$2.90/WNet metering at retail rate, low electricity rates limit payback speed
Louisiana$0.114.7 hrs$2.60/WNet metering at avoided-cost rate, below retail
Arkansas$0.114.9 hrs$2.60/WStatewide net metering at retail rate
Idaho$0.115.0 hrs$2.70/WUtility-specific net metering (varies by provider) up to a program cap
North Dakota$0.114.6 hrs$2.80/WStatewide net metering at retail rate
Utah$0.115.6 hrs$2.70/WTransitioning to an export credit somewhat below retail rate for newer systems
Ad placeholder — in-content responsive unit

Electricity rates & typical cost by country

National averages — use the country selector in any calculator for the full local picture, including incentives.

CountryAvg. rate (USD-equiv.)Peak sun hoursTypical install cost
United States$0.174.9 hrs$2.80/W
United Kingdom$0.273.1 hrs$1.60/W
Canada$0.143.8 hrs$2.90/W
Australia$0.335.4 hrs$1.30/W
India$0.095.2 hrs$0.45/W
Pakistan$0.065.3 hrs$0.38/W
Germany$0.323.0 hrs$1.40/W
UAE$0.095.9 hrs$1.10/W
South Africa$0.125.5 hrs$1.00/W

How we maintain this page

Every figure here is a planning-stage estimate, clearly labeled and editable inside the calculators themselves — this page exists to give you the same numbers in one scannable reference, with a visible "last verified" date so you know how current it is. When rates or incentive programs change materially, this page and the underlying calculator defaults are updated together.

Found a rate that looks off, or a net metering program that's changed? Let us know — corrections with a source get incorporated quickly.

Frequently asked questions

Is the federal solar tax credit still active in 2026?

No. The 30% federal residential credit (Section 25D) expired December 31, 2025, for owned systems. Systems placed in service on or before that date remain eligible. State, utility and local incentives still vary by location.

How often are these rates updated?

This page is reviewed and re-verified periodically, with the last-checked date shown at the top. Rates shown are planning-stage averages, not live per-minute data — always confirm your exact rate on your utility bill.

Next step

Related tools & guides