At Four County EMC, members with solar panels can receive credits for the excess energy they generate and deliver to the grid. These credits are calculated based on the "avoided cost" rate, which reflects the price we pay for wholesale power before factoring in infrastructure and operational costs.
This approach ensures that members are fairly compensated for the energy they produce while also contributing to the shared costs of maintaining the infrastructure that supports reliable service for everyone. While you may not "make money," participating in solar energy generation helps offset some of your energy costs.
The best thing you can do is contact us, and our Innovative Electrification Specialist will help you determine if solar is the right fit for meeting your financial goals.
Each of North Carolina’s 26 electric cooperatives is independent and governed locally by an elected board of directors, which is responsible for setting and reviewing policies. This means our policies may differ from our neighboring co-ops because of our local circumstances and needs.
Bottom line – Because policies vary, we encourage you to please contact us to make sure you have all the facts before purchasing solar installation. Solar installation companies may not be familiar with our co-op’s policies, and we don’t want anyone to enter into an agreement with misinformation.