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Nolin Rural Electric Coop Corp

Nolin Rural Electric Coop Corp is a member-owned cooperative, serving 35,855 residential accounts in Kentucky. Everything below comes from its own 2024 filing with the US Energy Information Administration — the numbers the company reported about itself.

Average residential rate
$0.131/kWh

2024 annual average

Homes with solar
262

0.7% of residential accounts

Rooftop capacity
2 MW

residential, net-metered

What households here pay

Residential customers on Nolin Rural Electric Coop Corp's own supply paid an average of $0.131 per kWh across 2024 — total residential revenue divided by total residential kilowatt-hours sold, so it includes the fixed monthly charge, riders and fuel adjustments, not just the headline energy rate. It is the number your own bill would produce if you divided the annual total by the kWh.

Kentucky's statewide average was $0.143/kWh in June 2026 on EIA's monthly series. This utility's 2024 average ran about 8% below that. The two figures are measured differently and are two years apart, so read the gap as direction, not as a precise difference.

That made it the 9th cheapest of the 18 Kentucky utilities on this site in 2024.

What it did between 2020 and 2024

Nolin Rural Electric Coop Corp's all-in residential rate went from $0.106 in 2020 to $0.131 in 2024 — a rise of 23.0%. Each year is that year's own Form 861 filing, worked out the same way as the figure above.

Across the 505 utilities on this site the middle one moved up 15.7% over the same years, so Nolin Rural Electric Coop Corp rose faster than most. Rates rose almost everywhere in this window; the comparison is what says whether a number is unusual.

$0.106 2020
$0.112 2021
$0.131 2022
$0.131 2023
$0.131 2024

Residential revenue over residential sales, bundled service only, from each year's EIA Form 861.

How many neighbours already did it

262 homes on this system had a net-metered solar array at the end of 2024 — 7.3 per thousand residential accounts, or 0.7% of them. The median US utility on this site reports 12.1 per thousand, so uptake here is below average.

That ranks 4 of 14 Kentucky utilities reporting net-metered solar.

51 of those systems — 19% — also report a paired battery. Battery attach rates rise where exports earn less than retail, because storing a kilowatt-hour and using it later is worth more than selling it. Exports here earn about 30% of retail, which is why.

Those systems sent 1 MWh back to the grid over the year — an average of 4 kWh exported per household.

The rule that decides this, and it changed

The 30% federal residential credit (§25D) expired for systems placed in service after 31 December 2025. Every payback figure written before 2026 — including anything quoted at you by an installer working from an old spreadsheet — is overstated by roughly a third for a purchase. Leases and PPAs still reach §48E until the end of 2027, which is why the ownership question now decides more than the hardware does.

Run the Kentucky numbers on 2026 rules →

Other Kentucky utilities

Utility Accounts Avg rate Solar per 1,000
Kentucky Utilities Co 450,673 $0.119 5.3
Louisville Gas & Electric Co 384,902 $0.123 7.7
Duke Energy Kentucky 139,405 $0.134 6.9
Kentucky Power Co 130,852 $0.151 2.2
South Kentucky Rural E C C 64,877 $0.129 2.4
Owen Electric Coop Inc 63,984 $0.126 6.8
Warren Rural Elec Coop Corp 60,701 $0.120 —
Blue Grass Energy Coop Corp 60,641 $0.123 8.1
Salt River Electric Coop Corp 53,479 $0.109 5.1
Jackson Energy Coop Corp - (KY) 49,423 $0.137 4.7
Kenergy Corp 47,292 $0.152 9.3
Pennyrile Rural Electric Coop 40,645 $0.132 —

Where these numbers come from

US Energy Information Administration, Form EIA-861, data year 2024 — the annual filing every US electric utility makes. Rates are residential revenue divided by residential sales on bundled service; solar counts are from the net-metering schedule of the same filing. Utility number 13651. Download the source archive and check any figure here against it.

Form 861 is annual and publishes roughly eleven months after the year it covers, so 2024 is the most recent utility-level data that exists anywhere. It is not today's tariff. For a current price, read your own bill; for a current rate structure, read the utility's tariff sheet. This page is for scale and comparison — what a typical household on this system pays, and how many of them have already installed solar.

Written and maintained by . Last reviewed 2026-08-19.