Net Metering by State

What your electric utility actually pays for exported solar power.

PSO (AEP) solar export rate

What PSO (AEP) pays for power exported from rooftop solar in Oklahoma, with the source and the date it was checked.

No single rate — formula based

NEBO: monthly on-peak and off-peak average Avoided Energy Cost based on SPP IM day-ahead LMP energy prices; the separate QF schedule pays $0.04171/kWh firm or $0.03187/kWh non-firm for producers of 300 kW or less.

PSO (AEP) · Oklahoma

Effective NEBO effective January 2, 2024; QF Standard Purchase Schedule effective April 30, 2026

NEBO credits or pays net excess in the next billing period; the QF figures are a separate purchase schedule and require the applicable purchase agreement.

Source: psoklahoma.com

Full PSO (AEP) detail →

Oklahoma rules that apply to PSO (AEP)

The state framework sets the default. Where PSO (AEP) pays something different, the utility tariff governs and is what the card above reports.

Compensation mechanismNet energy billing: generation offsets on-site consumption at the applicable retail rate during the billing period; net excess is paid or credited at the utility's avoided energy cost in the next billing period.
Export rateThere is no single statewide dollar export rate. Net excess is credited or paid at the utility's avoided energy cost, while generation up to on-site consumption is netted at the applicable retail energy rate.
Rate effectiveThe statewide rule text was amended effective July 25, 2019. Current utility tariffs read for this record show OG&E NEBO effective January 1, 2025 and PSO NEBO effective January 2, 2024; PSO's separate QF purchase schedule is effective April 30, 2026.
Credit rolloverCredits are handled by monthly billing: net excess is credited or paid in the next billing period. OG&E and PSO both state that credits can carry forward, subject to their one-time-payment provisions after more than 24 consecutive months or when the credit exceeds $100.
Credit expirationNo annual expiration is stated in the reviewed statewide rule. OG&E and PSO instead provide a one-time payment option when a credit carries forward longer than 24 consecutive months or exceeds $100, rather than describing an automatic annual forfeiture.
Annual true-upNo statewide annual true-up date is stated. The rule defines the billing period as the monthly bill period and requires net excess treatment in the next billing period; utility tariffs govern any account-closing payment.
Aggregate program capNo statewide aggregate MW cap is stated in the reviewed OAC 165:40:9 text. The rule sets a per-facility 300 kW eligibility limit, while utility tariffs may limit installations on an individual distribution circuit or substation.
Program statusThe statewide optional net-energy-billing rule is effective in all territories served; participation remains subject to the 300 kW/125%-of-peak-load eligibility rules and utility circuit or substation limits.
GrandfatheringPSO's NEBO tariff says customers who were on a Residential or Commercial Net Metering rate before NEBO's effective date are placed on the applicable NEBO TOD schedule and are not required to sign a new purchase agreement; no broader statewide grandfathering rule was identified.
RegulatorOklahoma Corporation Commission, Public Utility Division.
Governing rule17 O.S. § 156; OAC 165:40:9 (Optional Net Energy Billing Purchase Rate).

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