Does Florida Keys Electric Cooperative (FKEC) pay for excess solar power?

Excess power is banked as kWh at the full retail rate and drawn down in later months. The bank resets in January, and anything left is forfeited to the utility.

How big a solar system can I net-meter with Florida Keys Electric Cooperative (FKEC)?

Systems up to 1000 kW AC qualify for net metering.

Does Florida Keys Electric Cooperative (FKEC) have a demand charge?

Florida Keys Electric Cooperative (FKEC) has no residential demand charge, so every kWh solar offsets saves the full energy rate.

What would solar cost and save for a typical Florida Keys Electric Cooperative (FKEC) home?

For a electrically heated home using about 1100 kWh a month, a net-zero system is about 8.3 kW, costs roughly $18,346 to $22,423 installed, saves $1,684 to $1,930 in the first year, and pays back in 8.7 to 11.8 years at 2.7% a year rate growth. Your address gives a real figure in about a minute.

What federal incentives apply in 2026?

Florida exempts solar equipment from sales tax and keeps the value it adds off your property-tax bill, and both are already in these figures. Business-owned systems, including rental property, qualify for the 30% federal investment credit (Section 48E) and bonus depreciation when placed in service by the end of 2027; tax-exempt owners receive the 30% as cash. Not tax advice.

Where do these numbers come from?

The rate figures are read from Florida Keys Electric Cooperative (FKEC)'s own published schedule and net-metering policy (linked under Sources), last checked November 1, 2026. The worked example runs the same engine as the estimator, using a production reference for Homestead and Florida installed-cost data. If you spot an error, email us and we will correct it.

Electric cooperative

Solar with Florida Keys Electric Cooperative (FKEC)

Florida Keys Electric Cooperative (FKEC) members pay 15.1¢ per kWh and no demand charge; a typical home's solar pays back in about 10 years.

Not yet verified. Florida Keys Electric Cooperative (FKEC) does not publish a rate schedule online. The figures here are estimates pending the schedule; call the utility or upload a bill for your real price.

See the numbers for your address

Energy rate

15.1¢/kWh

tiered by monthly use, riders included

Fixed charge

$30/mo

billed every month, solar or not

Demand charge

None

every offset kWh saves the full rate

Net-metering limit

1000 kW AC

bank resets in January

Residential schedule effective April 1, 2026; checked November 1, 2026. Sources.

What this means for solar

Excess power is banked as kWh at the full retail rate and drawn down in later months. The bank resets in January, and anything left is forfeited to the utility.
Florida Keys Electric Cooperative (FKEC) has no residential demand charge, so every kWh solar offsets saves the full energy rate.
Systems up to 1000 kW AC qualify for net metering; above that, capacity would run without export credit.

A typical home: 1100 kWh a month, electric heat

Net-zero system

8.3 kW

1584 kWh per kW per year

Installed cost

as low as$18,346

up to $22,423

First-year savings

up to$1,930

at least $1,684

Payback

as low as8.7 yrs

8.7–11.8 yrs at 2.7%/yr

Best-case figures with the range shown; Florida's tax exemptions included. Production reference: Homestead. Your roof, usage and heating change every number, which is what the estimate is for.

Full schedule and net-metering rules

Fixed charge: $30 per month
Energy: 2.77¢ up to 1,000 kWh; 6.07¢ above that; plus 9.00¢ per kWh in riders
Net metering: Exported kWh earn Energy, Power Cost and Equity credits at the same per-kWh charges ('exactly the cost of each per-kilowatt-hour charge'); annual true-up each January; if generation exceeded consumption 'FKEC shall require the Member to limit system export' (no payout). Sizing capped at yearly net-zero; tiers 10 kW/100 kW/1 MW; AC rating = DC x 0.85.
Notes: The 'Power Cost' line (FPL wholesale cost passed through with no markup, varies monthly, never published) is the largest bill component; the 9-cent rider is an estimate, so a bill upload should override this entry.
Effective: April 1, 2026; checked November 1, 2026

Questions members ask

Does Florida Keys Electric Cooperative (FKEC) pay for excess solar power?: Excess power is banked as kWh at the full retail rate and drawn down in later months. The bank resets in January, and anything left is forfeited to the utility.
How big a solar system can I net-meter with Florida Keys Electric Cooperative (FKEC)?: Systems up to 1000 kW AC qualify for net metering.
Does Florida Keys Electric Cooperative (FKEC) have a demand charge?: Florida Keys Electric Cooperative (FKEC) has no residential demand charge, so every kWh solar offsets saves the full energy rate.
What would solar cost and save for a typical Florida Keys Electric Cooperative (FKEC) home?: For a electrically heated home using about 1100 kWh a month, a net-zero system is about 8.3 kW, costs roughly $18,346 to $22,423 installed, saves $1,684 to $1,930 in the first year, and pays back in 8.7 to 11.8 years at 2.7% a year rate growth. Your address gives a real figure in about a minute.
What federal incentives apply in 2026?: Florida exempts solar equipment from sales tax and keeps the value it adds off your property-tax bill, and both are already in these figures. Business-owned systems, including rental property, qualify for the 30% federal investment credit (Section 48E) and bonus depreciation when placed in service by the end of 2027; tax-exempt owners receive the 30% as cash. Not tax advice.
Where do these numbers come from?: The rate figures are read from Florida Keys Electric Cooperative (FKEC)'s own published schedule and net-metering policy (linked under Sources), last checked November 1, 2026. The worked example runs the same engine as the estimator, using a production reference for Homestead and Florida installed-cost data. If you spot an error, email us and we will correct it.

Service area

Florida Keys Electric Cooperative (FKEC)'s service territory (highlighted). Hover a region to see its utility.

Other Florida co-ops: Withlacoochee River Electric Cooperative (WREC), Clay Electric Cooperative, SECO Energy (Sumter Electric Cooperative), Peace River Electric Cooperative (PRECO), Lee County Electric Cooperative (LCEC), Suwannee Valley Electric Cooperative (SVEC). All 34 utilities.

Sources

Every figure on this page comes from the documents below. We print the schedule’s effective date and the date we last read it; when a utility publishes nothing, we say so instead of guessing quietly.

Residential rate schedule: fixed charge, energy rate
FKEC Billing Information & Fees page: Daily System Access Charge $1.00 x 365/12; Energy Charge $0.033/kWh only above 1,000 kWh; Equity Charge (FRR-1 rider, eff. 4/1/2026 per FKEC's FPSC filing 00707-2026) $0.027663/kWh; rider = an ESTIMATED $0.09/kWh for the unpublished FPL wholesale power-cost pass-through
Effective April 1, 2026 · Checked November 1, 2026 · Not verified: placeholder figures
Net-metering / distributed-generation policy
Exported kWh earn Energy, Power Cost and Equity credits at the same per-kWh charges ('exactly the cost of each per-kilowatt-hour charge'); annual true-up each January; if generation exceeded consumption 'FKEC shall require the Member to limit system export' (no payout). Sizing capped at yearly net-zero; tiers 10 kW/100 kW/1 MW; AC rating = DC x 0.85.
Checked November 1, 2026 · Read from the primary source
Service territory on the map
HIFLD Electric Retail Service Territories (U.S. DHS / Oak Ridge National Laboratory), Florida subset, 2020 vintage; boundaries are coarse at town edges
Checked November 1, 2026 · Read from the primary source
Worked example: production, installed cost, savings and payback
Florida Solar Estimate engine: PVGIS-ERA5-based production reference for Homestead (1584 kWh per kW per year after shading and soiling and orientation), installed-cost ladder (Florida cash-price range, Oct 2026), 2.7%/yr rate escalation and 0.5%/yr panel degradation
Checked November 1, 2026 · Read from the primary source

Florida Keys Electric Cooperative (FKEC) does not publish a rate schedule online. The figures here are estimates pending the schedule; call the utility or upload a bill for your real price.

Spot an error or a rate change? Email mtsolarestimate@gmail.com. How the estimate itself is built: methodology.

Your address, your numbers

Roof, usage and heating change everything above. The estimate takes about a minute and asks for no contact details.