Solar Panel Incentives Indiana

Unless house bill 1320 passes and weakens it indiana has a strong net metering program that credits consumers with distributed generation systems at the retail rate for the power they send back to the grid.

Solar panel incentives indiana. Do we have to start throwing chairs around here. Check out the most significant incentives that will sweeten the deal for solar in indiana. The itc written into law through the emergency economic stabilization act of 2008 is available for equipment installed from oct. Also indiana does not receive as much sunshine as other states so a solar system here will produce less than a system in a sunnier state such as arizona.

Indiana gets a decent amount of sunlight over the year up to 5 peak sun hours per day to the south of the state and all of it represents potential solar energy savings for homeowners who invest in solar power. Indiana has a lot of work to break into the list of the top states for solar. The disadvantage of installing solar panels in indiana is that there is very little in the way of state and utility based incentives. The consensus on indiana solar power rebates and incentives.

A federal level investment tax credit itc is now available to consumers wanting to purchase small wind turbines solar panels or geothermal heat pumps. But we know you can do it hoosiers. That means that even though your solar installation adds value. Check your savings costs tax breaks incentives and rebates.

Indiana tax benefits for solar. Renewable energy property tax exemption. As we said up front there is still a lot of work to be done but progress is progress even if it s only minimal. The state capital of indianapolis for example averages at around 4 5 peak sun hours per day.