The state of Indiana offers some enticing reasons to install a solar energy system for your home or business. Net metering, sales/property tax exemptions, and solar easement laws can offset the cost of installing solar in Indiana.
Find up-to-date information on Indiana solar incentives and clean energy tax credits at the DSIRE program page for Indiana. (DSIRE is the Database of State Incentives for Renewables and Efficiency®.)
MOXIE serves all of Indiana from its location in Hammond, IN!
Net metering in Indiana allows you to earn credit on your electric bill on days when your system produces more energy than you use. Use the solar credit to offset the days when your system produces less than what you need (can happen in wintertime some) and avoid paying the utility company one cent.
The Indiana Renewable Energy Property Tax Exemption ensures that new solar energy systems are exempt from property tax assessment value in perpetuity.
Your property will likely be worth more to prospective buyers, but you won’t have to pay for it!
These laws help ensure your Indiana solar installation isn’t covered by shade (say, from a neighbors yard) that would limit the production of your system.
Many cities and towns in Indiana have solar easements & rights laws preventing home owner associations (HOA) and zoning authorities from blocking your home solar panel installation.
Indiana has a sales tax exemption for your solar panels, racking, and inverters. This saves good money right off the bat.
The Federal Solar Tax Credit is 26 percent for construction started before until Dec. 31, 2022.
Similar to other solar tax credits, with the ITC you can deduct 26% of the cost of your solar energy system from your federal taxes.
In 2023, the solar ITC drops to 22%.