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Welcome to the Ultimate Guide to Home Solar Panels in Indiana

For every dollar you invest in solar panels in Indiana,
you get an average of $2.09 in savings.

Total savings
over 25 years

Power bill savings &
production incentives

0

Cost of solar
in Indiana

Up-front cost after
1st-year incentives

0
=
$ $ $ $

0

return per
dollar invested

Learn More

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Your 2020 guide to getting solar panels for your home in Indiana

This page is a complete guide to the complicated and sometimes confusing process of installing solar panels on your Indiana home. Since there's a lot to consider, we've separated the page into sections to help you find what you are looking for. If you find this page useful, please share it with someone who might also find it interesting!

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** What's new for 2020 **

Indiana is still set to phase out net metering for all people who install solar after 2022, so now is a great time to install home solar to lock in your credits. Read on to discover all your need to know about home solar policy, incentives, and savings in the Hoosier State.

Questions? Our network of solar experts are on call to assist you. Simply sign up for personalized assistance on our special solar deals page. You can get discounted on-grid pricing as low as $3,500/kW! This is paired with the Indiana solar incentives you see below.

What you'll find on this page:

The Solar Strategy section is focused on the 3 ways of paying for solar in Indiana, so you can decide which is best for you. We've created a tool that asks you a few questions and recommends whether you should pursue a solar lease, loan, or outright purchase. Then, we provide detailed analysis of how each works.

The Policy Information section contains all our latest research on the rules set by lawmakers and the Public Utilities Commission, which determine how easy it is to go solar in Indiana. These policies and rules govern everything from renewable energy mandates to interconnection, and have a huge effect on the viability of solar.

Finally, the Solar Incentives section includes information about money-back rebates and grants, tax credits, and tax exemptions for going solar in Indiana.

Click any of the boxes below to go to that section of the page, or scroll down to read the page in order.

Your Solar Strategy in Indiana

Figuring out the best way to go solar in Indiana can be a little daunting. From loans and leases to power-purchase agreements, there are a lot of options out there. To help you pick the one that might be best, we've created the handy decision tool below.

We'll ask you a few simple questions about you and your home. Once you're done, we'll recommend a good option. Further down this page, we provide cost estimates and example return-on-investment calculations for all the various options:

How should you pay for solar?

Use our decision tool to find out!

How to pay for solar panels in Indiana

The chart above shows the 25-year returns for an investment in solar whether you choose to purchase a system with cash or pay over time with a loan. Since economic conditions in Indiana don't allow for homeowners to get solar through a third-party agreement like a lease or Power Purchase Agreement, we included two different sizes of solar loans—one for people with a lot of equity, and one for people with just a little.

As you can see, the purchase option leads to pretty high dollar-amount returns over time, but it also requires a big up-front investment. Even if you take a solar loan or home equity line of credit (HELOC), your payments over 15 years will be way more than your savings, and you'll barely come out ahead in the end.

Read on to find out more about each option.

How much can you save with solar?

Find out

Option 1: Paying cash for solar

Look, any way you slice it, going solar in Indiana is tough. Paying up front for panels requires a lot of money and a lot of patience. You'll get the 30% federal solar tax credit, but electricity savings will be small.

Net Present Value: -$3,295

Net Present Value (NPV) measures how good of an investment something is, compared to the best alternative. We use a 6% return to evaluate all solar investments, and Indiana's -$3,295 NPV on a 5-kW solar system means you'd be way better off investing your money in stocks over 25 years than in Indiana solar. But check out what happens to NPV if you buy the same system with a loan that you can pay back over time. It doesn't solve all the problems, but it does make the financial picture a little rosier.

Here’s how the numbers pencil out for an Indiana solar purchase with a 5-kW rooftop solar system:

  • Installing a typical 5kW solar system should start at about $21,250. Don’t worry – even without state incentives, you can still knock a big chunk off the price right off the bat.
  • Since the Feds calculate their incentive based on actual out of pocket costs, no state incentives means a bigger federal solar tax credit. Subtract $6,375 (30% of $21,250) for a new price of $14,875.
  • Don't forget your first year’s energy savings, which we estimate to be about $643. That brings your cost after the first year to $14,232.
  • By the time your system pays itself back in year 18, you’ll be seeing over $1,000 per year in savings until the end of your system’s life.
  • When all is said and done, our 25-year estimate shows a total net profit of $7,907, with an internal rate of return of 3.5%. That isn't so bad... unless you compare it to an alternative investment in the stock market.
  • In addition to that cash, you’ve created some green for the earth as well by not using electricity from fossil-fuels. In fact, the energy you’re not using has the carbon equivalent of planting 97 trees a year, every year your solar power system is humming.
Keep in mind, the numbers above are based on an average home in Indiana. If you're ready for a custom quote for a solar panel system, our network of experts are on call to assist you. Simply sign up for personalized assistance on our special solar deals page.

Option 2: Using a loan to pay for solar

Usually this is the place where we tell you that taking a loan to pay for solar is a great idea. That's because it's usually true. High electricity prices around the country make a solar panel system into an income-generating asset.

The returns in Indiana are still pretty good, but they miss the excellence of the best solar states by a wide margin. The state enjoys some of the lowest electricity prices in the nation, and that means savings are pretty slim.

Still, as you can see from the chart above, you'll start out with a big windfall, because even though you're not putting any money down, you get the Federal 30% tax credit for the whole installed cost of your system. Then, over the 15-year life of your loan, you'll be spending more than you're saving in electricity costs, essentially investing a total of about $10,000 until you pay the loan off.

But from there, it's up-up-up! After your loan is paid off, you'll be saving more than $1,000 per year in electricity costs from your fully-owned solar panels. But you'll end up only $864 to the good after 25 years, which, we've gotta admit, is pretty crappy.

Net Present Value: -$1,567

Net Present Value (NPV) measures how good of an investment something is, compared to the best alternative. We use a 6% return to evaluate all solar investments, and Indiana's-$1,567 NPV on a 5-kW solar system with a loan means you'd be that much better off investing your money in stocks over 25 years than in Indiana solar. Only go solar in Indiana if the environmental benefits are worth that much to you.

Here’s how the numbers pencil out for an Indiana solar purchase with a solar loan:

  • Installing a typical 5-kW solar system should start at about $21,250. That's how big your loan will need to be to cover it.
  • The electricity you'll save in the first year of operation would have cost $644, but your loan payments will total $1,886, for a difference of $1,242, or about $104 per month.
  • That's not so bad when you consider your tax savings for the year will be $6,375! You'll come out over $5,100 ahead in year 1, which should help ease the burden of loan payments for a few years, at least.
  • When your loan’s paid off in year 15, you’ll start see $1,000 or more per year in savings until the end of your system’s life.
  • For our 25-year estimate, you'll break even in year 25, to the tune of $864. The good news is your system will likely keep working for long into the future, but we stop at 25 years, which is the warranty term for the panels.
  • And the future is going to look a little brighter, since your system will mean green for the environment. It'll be like planting 97 trees every year!
Keep in mind, the numbers above are based on an average home in Indiana. If you're ready for a custom quote for a solar loan, our network of experts are on call to assist you. Simply sign up for personalized assistance on our special solar deals page.

Option 3: Buying the electricity, not the panels with a Power Purchase Agreement (PPA)

Indiana does not offer solar Power Purchase Agreements or leases. Perhaps it would be a good idea to contact a solar advocacy organization and ask them to fight for solar in your state!

How much can you save with solar?

Find out

Indiana Solar Policy Information

Ever wonder why solar seems to be everywhere in some states, but not in others? We did too.

State legislatures and public utilities commissions can enact rules to make solar power accessible for everyone. Favorable rules explain why some of the cloudiest states—New York, New Jersey, and Connecticut, are doing so well with solar, and yet some of those with the most natural solar resources—like Alabama, Mississippi, and Georgia—are doing so poorly.

Below is important information about the public policy, rules, and economic reasons that affect your ability to go solar here in Indiana:

Indiana's Renewable Portfolio Standard

10% by 2025 (voluntary)

Grade: D

Indiana's Renewable Portfolio Standard grade

A Renewables Portfolio Standard (“RPS”) requires utilities in the state to eventually source at least a certain percentage of their electricity from clean, renewable sources like solar panels.

Indiana unfortunately lacks a true RPS, but legislators have recently started at least moving in the right direction. In May 2011, Indiana passed the Comprehensive Hoosier Option to Incentivize Cleaner Energy (“CHOICE”) program. CHOICE sets a voluntary goal of 10% clean energy by 2025 (based on 2010 production levels). Utilities that elect to participate in CHOICE are eligible to receive incentives from the state to help pay for the cost of CHOICE-compliant projects like Indiana solar panels. The program could be even better if it actually, y’know… REQUIRED utilities to participate—something most other states have done.

The program launched in January 2012. No reports on utilities opting into the program or their progress have been reported as of yet. Utilities that do opt in are expected to meet the CHOICE goals in 3 stages: an average of 4% qualifying clean energy between 2013 and 2018; 7% between 2019 and 2024; and finally 10% by 2025.

A mandatory Indiana RPS would be critical to strong renewable energy policy. Utility companies aren't really all that gung-ho about you producing your own power. After all, it costs them money when you use less of their electricity. They also don’t naturally want to give you big payments for energy you're feeding back into the grid. The main reason the utilities are aiding your transition to lower electric bills and offering you incentives to put solar on your roof is because the state forces them to. If the utilities don't hit their RPS numbers, they have to pay large fees back to the state.

Learn more about Renewable Portfolio Standards

Indiana's Solar carve-out and SRECs

None

Grade: F

Indiana's Solar Carve-out grade

The best states for solar mandate that a certain percentage of the RPS comes directly from solar energy. Without a mandatory RPS in Indiana, this is another area that falls short. If an RPS contains specific carve-outs for clean and efficient technologies like solar panels, or mandates for the environmentally necessary increases in distributed generation, you see even stronger incentives for residential solar power.

Learn more about Solar Carve-outs

Indiana Electricity Prices

$0.12/kWh

Grade: C

Indiana's Electricity cost grade

Indiana pays an average of 12 cents/kWh of electricity; about a penny-and-a-half less than the national average. That’s cheap! Too cheap.

Why is energy still so cheap? Only because most of our electricity still comes from burning millions of tons of fossil fuels. The cost of those fossil fuels in dollars and cents may be low (for now), but the environmental costs are astronomically high. New regulations on carbon emissions and dwindling supplies will likely drive the cost up over the next few decades. But while everyone else is paying through the nose for the fuels of the past, you’ll be rocking that sweet, shiny solar power system on your roof, and making money! Just remember to thank us.

Find out why electricity prices matter

Indiana Net Metering

Statewide

Grade: B

Indiana's Net Metering grade

Net Metering requires your utility to monitor how much energy your solar power system produces and how much energy you actually consume, and make sure you get credit for the surplus.

Indiana net metering standards call for surplus energy production to be applied as a credit on your next monthly bill. Credits can be carried over indefinitely, but there are no provisions forcing the utility to cut you a check if you continually run a surplus.

Overall we gave net metering in Indiana a B because of system size caps that may prevent larger customers from meeting all of their on-site energy needs, and aggregate circuit capacity limits that may prevent everyone who wants to take advantage of net metering from doing so. That said, net metering is fairly strong for residential customers, and with 40% of current net metering capacity reserved for residential use, you shouldn’t have any problems getting into the program.

Learn more about net metering

Indiana Interconnection Rules

Statewide

Grade: B

Indiana's Interconnection Standards grade

Interconnection standards are strong in Indiana as well. Systems under 10 kW (i.e. most residential systems) fall into Level 1 of the tiered system. Level 1 systems do not pay any fees for application or interconnection review, and utilities may not specify any additional requirements for you to get onto the grid. The only thing we’d like to see changed for Level 1 standards is a prohibition on the requirement of a redundant external disconnect switch. Currently that requirement is at the utility’s discretion.

Learn more about solar interconnection rules

Indiana Solar Incentives

Next to high electricity prices and net metering, solar incentives have traditionally been the most important factor for whether home solar power makes financial sense in a state. In the past, some states with otherwise lousy policy had tremendous incentives that drove down the up-front cost of going solar so much that homeowners could save oodles of money even without net metering or a good RPS.

These days, the big incentive most people can get is the Federal Solar Tax Credit that earns you 26% of your total system costs back after just 1 year. State incentives play less of a role than in the past, but some really good ones are still out there, ready to help homeowners go solar and save money before you know it.

Let's see how Indiana measures up:

The availability of state solar incentives for residential solar systems was sourced from the Database of State Incentives for Renewables and Efficiency, utility company websites, and the state public utility commission.

Indiana Solar Power Rebates

None

Grade: F

Indiana's Solar Rebates grade

Indiana solar panel rebates are extremely limited as well. In fact, in the entire state only IP&L offers a rebate on the installation of a residential solar power system, and the rebate program is set to expire at the end of 2014. If you’re an IP&L customer, you are eligible for a solar power rebate of $1,000/kW, up to $4,000.

Learn more about solar rebates

Indiana Solar Tax Credits

None

Grade: F

Indiana's Solar Tax Credits grade

There is currently no tax credit for Indiana solar panels. Legislators are missing an easy and essential opportunity to incentivize clean energy. This is especially true given the bleak solar rebate and performance payment pictures.

Learn more about state solar tax credits

Property Tax Exemption

100%

Grade: A

Indiana's Solar Property Tax Exemptions grade

Thankfully Indiana does offer tax exemptions to help make solar power more attractive. First up, you are 100% exempt from all property taxes associated with the increase in home value caused by installing a solar power system. And there is an increase. That’s going to save you a pretty nice chunk of change every year.

Sales Tax Exemption

100%

Grade: A

Indiana's Solar Sales Tax Exemption grade

You also are exempt from all sales tax (that’s 7% here) on the purchase of your solar power system, which is a really nice benefit in a state without much going for it in terms of solar policy. If all this is sounding complicated and discouraging, don’t worry – the solar installers we partner with can take care of all these details for you and make sure you save the most money possible.

Learn more about tax exemptions for solar

Low-income Solar Programs

None

Grade: F

Indiana's Solar Sales Tax Exemption grade Learn more about low-income solar programs available in the U.S.

The consensus on Indiana solar power rebates and incentives

Indiana has a lot of work to break into the list of the top states for solar. But we know you can do it, Hoosiers! Do we have to start throwing chairs around here!? 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. To make more progress, legislators should start with a stronger, mandatory RPS. If you add in a statewide rebate program for Indiana solar panels and/or a really good feed-in-tariff like NIPSCO offers, that’d really improve payback timeframes statewide. Until those or other improvements happen, however, we still have Indiana rated as a “C.”

Again, if you are confused about how these numbers work and would like some personalized assistance or a quote of your own, simply connect with our network of solar experts. They’ll help sort out all the pricing, get you access to special deals, and they’re super friendly to boot!

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Ben ZientaraDwight BrawdyJohnUnfortunate Mishawaka Citizenmike Recent comment authors
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Unfortunate Mishawaka Citizen
Guest
Unfortunate Mishawaka Citizen

I don’t know about Indiana is a solar energy friendly state. I know for the fact that I am living in Mishawaka, IN and having a 5kw solar system installed. I got zero credit for my solar electricity that goes to the grid. There are less than a dozen solar systems installed in Mishawaka. It turned out that Mishawaka owns the electric comapany. It is a subcontract from AEP. That is why Mishawaka discourage its citizens to install solar system on their rooftops. I am going off grid as much as I can. Not happy seeing my investment is going… Read more »

John
Guest

only private utilities have to allow net metering, city owned utilities are exempt from the law.

mike
Guest
mike

Indiana is a raging shithole of backward corrupt politics that ALWAYS puts the throatfucking of big business ahead of citizen wellbeing. Politicians in this state will choose corporations over citizens EVERY. SINGLE. TIME. It’s time to abandon this shithole for more inteligent places..

Dwight Brawdy
Guest

Join the discussion… REPUBLICAN controlled state………. Need I say more ???????

Ben Zientara
Admin

Sadly, Dwight, you need not. It’s strange because solar is such a bipartisan issue for 90% of people, but there seems to be one party always standing in the way of commonsense rules for solar that help all people benefit.

bdslack
Guest
bdslack

Installed a 14Kw system on my new Sheridan home. Bills are 48 dollars a month (only because BOON REMC charges me to be on the grid).

Anonymous
Guest
Anonymous

Sadly, I have to admit as a true Hoosier (i.e. I was born in Indiana), that despite some minor progress, Indiana is a very backwards way behind state compared a lot of others. Even though it doesn’t directly relate to this, a state by state analysis was done of major US cities. The analysis was done of nearly every city approximately the size of Lafayette and larger. The study was done of a waste to production comparison. Sadly, even our state capital (Indianapolis) was almost dead last and rated as one of the most wasteful states out there. We as… Read more »

Anonymous
Guest
Anonymous

The payback is very off, you have a $5/watt rate. Several companies in southern Indiana, like Ohio Valley Electric in Newburgh, are installing them for $3.50/watt.

Anonymous
Guest
Anonymous

i was wandering about the interpretation of that dsire.org source, so i called the department of revenue of indoana. and the legal department from in.gov and the lawyer told me that the sales tax exemption is currently only approved for the manufaturers of solar equiptment..

Scott Mohler
Guest
Scott Mohler

I just sent you an email.

Scott

Pigtails
Guest
Pigtails

We need to change the way we live because of our future generations,
Our planet will not be able to survive the damage that is being done if
we don’t come up with a way to change what we are doing now. Everyone
will suffer over it. I hate what has happened to our planet already, we need
to save it ! I wish more people could get solar power & windmills. Maybe in
the years ahead we can figure out a way.

Geoff
Guest
Geoff

I live in southern Indiana, and installed 6500 watts worth (28 panels, 250 watts each) about 5 years ago. I have been very happy with the electricity bills, although our utility (a so-called co-op) pays only 6. something cents per kilowatt. I have made an average of a meg a month all summer. Now I have someone looking into the SRECs for me, although I have little faith that it will turn out.

JoMamma
Guest
JoMamma

burt’s a mole, ladies and gentlemen.

Dennis
Guest
Dennis

No one is interested in omitting carbons from the air , otherwise these companies wouldn’t be able to buy and sell emission rights like candy in a store.It’s sad to see greed take over instead of thinking of quality of life

IronRanger
Guest
IronRanger

forgot to come back here in 2009 to respond to those that responded to my comments……..so here are my rebuttals. When I hear someone claim..’ what will we do when Coal runs out’ i have to laugh…..we have verified OVER 1000 years of coal resources in this country alone……I remember in the 70’s when the fear mongers claimed we only had 50 years of oil left at the current consumption rates….well, our consumption rates worldwide have DOUBLED+, and guess what they are saying now? we have 50 years of oil left……….So you ‘end of the world’ folks have got to… Read more »

iamfwomwome
Guest
iamfwomwome

In southern Indiana 1993 I watched a three day solar powered music festival. I happen to know the same portable system is still in use and has since been supplemented with a windmill. Birds perch on the support wires and none have been shredded in spinning blades. the PV panels and small windmill charge a bank of batteries. He offers these systems and wishes to avail himself for those interested in doing it. I hope this is not too spammy and I am in no way financially affiliated with this genius. Try /www.faeriehillfarm.com that is his music site , but… Read more »

SAMUEL JOHNSTON
Guest
SAMUEL JOHNSTON

The earthquake nuke disaster, should be the wake up call of wake up calls that we must improve our thoughts on our power needs. Surely leaving our children a poisoned world, thats unsustainable. I would hope is unacceptable.

j waggs
Guest
j waggs

I looked into many options when I built my home two years ago. Insulated concrete form (ICF), solar, wind, etc. I eventually went with geo-thermal and a blown cellulose insulation with a glue to prevent settling. It was the least expensive and provided the best return I could find. The answer is to do what is best for you. Educate yourself and run the numbers. Be as efficient as you can with what you have to work with (usually a budget, although that doesn’t seem to matter anymore). I’m all for being as energy efficient as possible, but there doesn’t… Read more »

Jesse williams
Guest
Jesse williams

I would like to have the stability of my own power source. The goverment doesn’t want that. Imagine if everyone was self reliant. What would the gov do then? So don’t look for the answers to come from them! There was a storage question in one blog. The answer is simple battery back up! On large scale operations I’ve heard of heating a volume of water. Then they extact the heat and turn that back to electric. It’s all energy and that alone turn the modern world.

Greggory Lawson
Guest
Greggory Lawson

January 11, 2010 Indiana Legislator Introduces Feed-in Tariff Bill First Comprehensive Proposal of 2010 in US, Adapts Rates from Ontario for a “Made In Indiana” Policy by Paul Gipe Indiana, United States [RenewableEnergyWorld.com] Representative Matt Pierce (D-61st, Bloomington) introduced AB 1190 into the Indiana General Assembly January 7, 2010. The bill is the first comprehensive proposal for a system of feed-in tariffs in the current legislative sessions that have begun in states across the US. AB 1190 tries to go Ontario one better as competition for renewable energy heats up in North America’s heartland…. [Note: For copyright reasons, we cannot… Read more »

Todd
Guest
Todd

Like Ohio is the Buckeye state, Indiana is the Backward State. Indiana will, as usual, be the last state to adopt solar/alternative energy policy. Only after the majority of other states have done so, will Indiana start to move in that direction.

Todd
Guest
Todd

I Decided to go Green in Greene co. IN. In the Town of Bloomfield I Am INstalling almost a kilowatt of solar panels on my shop 20’x 24′ where I do repairs On ATV ,Scooters, Motorcycles ,golf carts, lawn mowers, small engines. I will operate my lights, Battery chargers, power tools Off the suns power and makes a small dent in my part less carbon footprint . I am tickled Green about And have always wanted to do this since i was a Kid . It Makes a Difference and i will advertise this to the local news and newspapers… Read more »

CEric
Guest
CEric

Lets turn this around on you IronRanger?

Where are you going to get you power from when we run out of coal, oil, gas, places to burry nuclear waste.

I think your mistake in assuming that solar power advocates are claiming that solar power is the ONLY solution. We are only advocating solar as PART of the solution.

Dave
Guest
Dave

sun electric says payback is at 7 yrs , however a good rigidmounted sollar tracker would nodoubt nock a dent in this
payback period. but from the incentives i see sofar ,i’d just asoon buy the non UL lised panels for less money.?

IronRanger
Guest
IronRanger

You Solar fantasy people just crack me up. You never let physics or reality creep into your minds when your thinking…..Thinking is the wrong word…dreaming is more like it….tell me where are you going to get you electricity from when the sun isn’t shining? Remember we are currently in a HUGE economic mess….taxing people at this time is REDICULOUS!!! Look forward to reading some intelligent responses.

Bob
Guest
Bob

Can anyone tell me what the average homes kwh an hour is in Grant County Indiana?

Rex
Guest
Rex

What a bunch of junk. Come on who are they trying to kid.
Solar Power Rocks.comIndiana??
It should be living in backwardsindiana.com
This is the only state I know of that has a great potential for wind and solarpower but will only bicker about it untill the big money people can get thier hands on it to monapolise it.I would love to go solar but I do not see it being any type cost savings in backwards Indiana before I die

cburk
Guest
cburk

Hopefully Nanosolar will start selling to consumers by the end of 2009. Supposedly they are able to make thinfilm solar for 30 cents per kilowatt and will sell it for $1 per killowatt. If this pans out it could be a game changer for solar power. I’m pretty sure installed solar now costs $8-$10 per kw. The efficiency of the thin film is around 10% but at $1 per kw who cares as you could cover your entire roof with thin film for not very much $. http://www.nanosolar.com There are also some cool youtube videos of the thin film production… Read more »

Dave
Guest
Dave

I’m new to the dialogue on solar in Indiana. I live in Indy and would be interested in what grass roots organizations already exist that educate or lobby for green energy. Anybody out there that can help

Night Owl
Guest
Night Owl

If we want solar (or wind) incentives from the State, we have a lot of work to do. We will need the help of friends, neighbors, and communities to voice their opinions and get active in grassroots organizations.

Indiana is a coal producing state, with coal jobs, and coal fired electric plants. If we wait on the State, it will never happen. The coal lobbyist and big utiliies don’t want it, and they have deep pockets. Have you seen their commercials for “clean coal?” (What a joke!)

burt
Guest
burt

why not convert all post office vehicles coast to coast to natural gas or propane? they would burn clean, and the engines would last much longer. Next the US Navy has over 60 years experience with Nuclear power and missiles,they can build power generators on the bases,just off shore, for good cooling, as Japan is now doing. marine life likes warm spots, is there a more secure place for nuclear ? the power can be sold to the national power grid. future lasers will need the power.. and we can operate electric cars and trucks sooner. burt

Todd
Guest
Todd

my first eyeopener to solar was back in the late70’s early 80’s,when my parents bought 2 gigantic bubble type panels, not to affective but impressive for the time..Things are better now in this industry.It is sad to see how backwards Indiana is about solar, recently the star news published an invite to the public to submit what would best be suitable to build on the old MSA site downtown, How about a energy complex producing power and education to the citizens of Indiana. But,I bet they don’t do it. However it is easy to vote in a new stadium,convention center… Read more »

Gary
Guest
Gary

Hi Guys; Here is another incentive for solar power that I did not find in this page analysis….I am not associated with this company,,,just found the website by googling solar energy tax credits….and other companies exist that will accomplish the same goal. Sol Systems provides an additional revenue stream over the term of the contract to enhance energy and cost savings. For example, a customer could purchase a 4kW system with installation for approximately $40,000. Depending on the location and system-type, the customer could produce approximately 5MW from the system each year. If Sol Systems were to contract with the… Read more »

Greg Chase
Guest
Greg Chase

The two biggest barriers to solar power installation are high upfront cost and long payback period. Without some type of public initiative, solar power will never be successful. To advance solar energy use,Indiana needs to implement a carbon tax. This tax offers the promise of bringing solar energy to the masses. First and foremost, tax revenues raised by taxing carbon emissions should be used to expand the earned income tax credit to help mitigate the negative impacts of carbon taxes on low-income families. Second, some of the revenues should be used to reduce the upfront cost of solar power installation.… Read more »

Randy
Guest
Randy

I find that the utility companies in Indiana don’t want to see alternitive energy or want you to save by them as to be cutting into the money they make. you can’t even find good energy eficiant water heaters. you should be able to buy one through your utilitys compony and make payments with your electric bill

Dani
Guest
Dani

I’m glad to see you offer a (dollar) cost vs. savings, something I’ve not been lucky enough to find on many sites. I’m in Indy and keep wondering whether I should upgrade to solar–if nothing else, solar water heating, but am finding little around online to help me in the decision-making process. With the possibility of the $2000 cap lifted from the 30% federal tax credit, after 25 years, your net cost (based on the numbers you’ve given, what with increase and property value and utility savings) would be about $12,650 instead of $25,500, which is a huge difference for… Read more »

Charles
Guest
Charles

So sad to see our General Assembly not addressing the importance of this issue. They are still in the stone age.

Chris
Guest
Chris

Don’t let this be a measure of the whole state. I recently talked to a gentleman who had the option of either paying $20K for the electric company to run lines to his house or pay $20K for a solar system. Hmm… he went for the solar system. He lives in the West Central part of the state where prices are a bit lower than they are in Indy.

Andy
Guest
Andy

I am doing a paper on the practicality of harnessing solar power and I need to ask someone some questons can somebody help? send me an email [email protected].

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