Does Indiana have a solar program?

Compared to many other states in the U.S., Indiana is lacking in solar legislation. The state previously offered a program that paid Hoosiers for their excess solar production, but that benefit recently expired for new installations. Even so, Indiana homeowners shouldn’t be discouraged.

Are there incentives for solar panels in Indiana?

There are also still Indiana solar tax credits and other incentives available to help make a transition to solar power more affordable. This guide lays out the incentives Hoosiers should know about to make the best decision for their Indiana homes. Compare Quotes From Top-rated Solar Panel Installers Seeking To Go Green?

Is solar power a good option for Indiana homeowners?

Even so, Indiana homeowners shouldn’t be discouraged. Solar power can still greatly reduce their electricity costs over time and increase their property values. There are also still Indiana solar tax credits and other incentives available to help make a transition to solar power more affordable.

Does Indiana offer a solar investment tax credit?

Indiana happens to be a state that offers incentives beyond just the federal tax credit. The Federal Solar Investment Tax Credit gives customers a credit toward their tax bill in the amount of 30% of their full system cost. This one-time tax credit is applicable during tax years 2022 through 2032 no matter your state.

How much does it cost to install solar panels?

The cost of installing solar panels ranges, on average, between $5,400 and $18,000 but can vary greatly depending on factors like the size of the system and the number of components.

Do Hoosiers get paid for solar power?

The state previously offered a program that paid Hoosiers for their excess solar production, but that benefit recently expired for new installations. Even so, Indiana homeowners shouldn’t be discouraged. Solar power can still greatly reduce their electricity costs over time and increase their property values.