This is a common question and a concept often clouded by misinformation. The best thing you can do is contact us, and one of our Member Service Specialists 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.
At Tri-County EMC, we compensate our members for their contributions at what is called “avoided cost” – or a price in line with what we pay for wholesale power before infrastructure and operational costs. Compensating our members for excess solar energy at “avoided cost” ensures they earn a fair price for what they produce while also paying for the infrastructure still utilized by the home.
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.