Florida Solar Estimate

Electric cooperative

Solar with Okefenoke REMC

Okefenoke REMC members pay 10.7¢–13.3¢ per kWh and no demand charge; a typical home's solar pays back in about 21 years.

See the numbers for your address

At a glance

Energy rate
10.7¢–13.3¢/kWh
winter to summer
Fixed charge
$40/mo
$40 minimum bill
Demand charge
None
every offset kWh saves the full rate
Net-metering limit
250 kW AC
exports paid at wholesale

Residential schedule effective April 1, 2024; checked November 1, 2026. Sources.

What this means for solar

  • Power you use on site saves the full retail rate; power you export is credited at about 3.00¢ per kWh, well below retail, and credits offset energy charges only.
  • Okefenoke REMC has no residential demand charge, so every kWh solar offsets saves the full energy rate.
  • Systems up to 250 kW AC qualify for net metering; above that, capacity would run without export credit.
  • There is a $200 interconnection fee.

A typical home: 1100 kWh a month, electric heat

Net-zero system
9 kW
1474 kWh per kW per year
Installed cost
as low as$19,440
up to $23,760
First-year savings
up to$846
at least $745
Payback
as low as18.8 yrs
18.8–24.5 yrs at 2.7%/yr

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

Full schedule and net-metering rules
Fixed charge
$40 per month; minimum bill $40
Energy
10.65¢ all kWh; summer: 10.65¢ to 1000 kWh, 13.30¢
Net metering
Distributed Generation Rider (eff. 11/1/2020): 'RGC = ERE x AEC' - monthly credit equals kWh delivered to the grid times an Avoided Energy Charge of $0.030 per kWh; member otherwise billed on RS. DG Application Fee 'currently $200'; >100 kW AC needs study.
Notes
oremc.com publishes no rate sheet. Excludes WPCA (vs base $0.089799/kWh, levelized annually) and Equity Management Adjustment rider; current factors not published. Summer = May 1-Sep 30 billing cycles.
Effective
April 1, 2024; checked November 1, 2026

Questions members ask

Does Okefenoke REMC pay for excess solar power?
Power you use on site saves the full retail rate; power you export is credited at about 3.00¢ per kWh, well below retail, and credits offset energy charges only.
How big a solar system can I net-meter with Okefenoke REMC?
Systems up to 250 kW AC qualify for net metering. The interconnection fee is $200.
Does Okefenoke REMC have a demand charge?
Okefenoke REMC has no residential demand charge, so every kWh solar offsets saves the full energy rate.
What would solar cost and save for a typical Okefenoke REMC home?
For a electrically heated home using about 1100 kWh a month, a net-zero system is about 9 kW, costs roughly $19,440 to $23,760 installed, saves $745 to $846 in the first year, and pays back in 18.8 to 24.5 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 Okefenoke REMC'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 Jacksonville and Florida installed-cost data. If you spot an error, email us and we will correct it.

Service area

Tampa Electric (TECO)Florida Power & LightDuke Energy FloridaFlorida Public Utilities (FPUC)Kissimmee Utility Authority (KUA)Lake Worth Beach Electric UtilityLakeland ElectricLee County Electric Cooperative (LCEC)City Of LeesburgBaldwin County El Member CorpCity Of Moore HavenCity Of BartowCity Of Mount DoraNew Smyrna Beach Utilities CommissionCity Of NewberryOcala Electric UtilityPeace River Electric Cooperative (PRECO)Orlando Utilities Commission (OUC)City Of QuincyReedy Creek Improvement DistSouthern Pine Electric CooperativeCity Of StarkeSECO Energy (Sumter Electric Cooperative)Suwannee Valley Electric Cooperative (SVEC)City of Tallahassee UtilitiesTalquin Electric CooperativeThree Notch Electric Member CorpCity Of BlountstownTri-County Electric Cooperative (Madison)Alabama PowerCity Of AlachuaCity Of WauchulaWest Florida Electric CooperativeCity Of WillistonWiregrass Electric CooperativeWithlacoochee River Electric Cooperative (WREC)City Of BushnellCentral Florida Electric Cooperative (CFEC)City Of ChattahoocheeChoctawhatchee Electric Cooperative (CHELCO)Clay Electric CooperativeCity Of ClewistonColquitt Electric Membership CorpCovington Electric CooperativeCity of Winter Park Electric UtilityEscambia River Electric Cooperative (EREC)Florida Keys Electric Cooperative (FKEC)City Of Fort MeadeFort Pierce Utilities AuthorityGainesville Regional Utilities (GRU)Georgia PowerGlades Electric CooperativeGrady Electric Membership CorpCity Of Green Cove SpringsGulf Coast Electric CooperativeHavana Power & Light CompanyCity Of HomesteadBeaches Energy Services (Jacksonville Beach)JEA (Jacksonville)Okefenoke REMC
Okefenoke REMC'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.

  1. Residential rate schedule: fixed charge, energy rate
    OREMC Rate Schedule RS Sheets 6.105-6.106 (bills on/after 4/1/2024) as filed by OREMC with FPSC (Doc. 01028-2024): Basic Facility Charge $1.33/day x 365/12; base energy only
    Effective April 1, 2024 · Checked November 1, 2026 · Read from the primary source
  2. Net-metering / distributed-generation policy
    Distributed Generation Rider (eff. 11/1/2020): 'RGC = ERE x AEC' - monthly credit equals kWh delivered to the grid times an Avoided Energy Charge of $0.030 per kWh; member otherwise billed on RS. DG Application Fee 'currently $200'; >100 kW AC needs study.
    Checked November 1, 2026 · Read from the primary source
  3. 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
  4. Worked example: production, installed cost, savings and payback
    Florida Solar Estimate engine: PVGIS-ERA5-based production reference for Jacksonville (1474 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

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.