Indiana Law Hinders Solar Adoption for Homeowners, Benefits Electric Companies
A 2017 Indiana state law is making it financially challenging for homeowners to install solar panels, while benefiting electric companies. The law affects net metering, a system that allows solar panel owners to send excess energy back to the grid and receive credits. In Indiana, homeowners receive only a fraction of the energy value they contribute, as electric companies sell the energy at full price but credit homeowners at a reduced rate. This has extended the payoff period for solar investments beyond the lifespan of the panels, discouraging solar adoption among residents.