Skip to content
Wattcrunch
#28 in the US for solar

Indiana Solar Guide 2026

Everything Indiana homeowners need to know: costs, incentives, net metering policy, and what makes this state unique for solar.

Quick answer

Indiana solar economics depend mainly on 4.5 average peak sun hours, an estimated $2.85/W installed cost, 12.0¢/kWh electricity, and the state's current net-metering rules.

Reviewed 2026-07-26

Best for
Indiana homeowners comparing solar costs, incentives, and payback assumptions.
Inputs needed
annual kWh usage, utility rate, installed $/W, net-metering policy
Formula used
Typical production = system kW × peak sun hours × 365.
Source checked
state incentive data, utility tariff checks, Wattcrunch price benchmarks

Key fact about Indiana solar

Indiana ended full retail net metering in 2022, significantly reducing solar economics for new installations. Low electricity rates (~$0.12/kWh) further extend payback. Batteries and self-consumption are essential strategies.

Peak sun hours

4.5

hrs/day avg

Avg electricity rate

12.0¢

per kWh

Median install cost

$2.85/W

before incentives

Typical payback

13 yrs

8 kW system, avg usage

Typical 8 kW system in Indiana

Annual production

13,140 kWh

Year-1 savings

$1,577

System cost (est.)

$22,800

No federal tax credit — Section 25D expired December 31, 2025.

Indiana Net Metering Policy

Net metering (at full retail through 2022 grandfather; new: avoided cost)

Indiana's full retail net metering ended for new customers in 2022 under HEA 1414. New solar customers receive export credits at avoided cost (~40–60% of retail). Systems installed before 2022 are grandfathered at retail through 2032.

Indiana Solar Incentives

Available in addition to any utility rebates. Federal 25D credit is $0 for homeowner-owned systems from 2026.

  • Property tax deduction on added home value (100% deduction)
  • No state income tax credit
See full Indiana incentive database →

Top Utilities in Indiana

Duke Energy IndianaAEP Indiana Michigan PowerNIPSCOVectren (CenterPoint)

Interconnection timeline: 4–8 weeks

State-specific decision guide

What to verify before signing a Indiana solar quote

In Indiana, the financial result depends on more than sunshine or the headline installation price. Confirm the export rule, program eligibility date, and interconnection timeline for your exact utility before treating a payback estimate as a promise.

Export value

This page models net metering (at full retail through 2022 grandfather; new: avoided cost). Ask which tariff and export credit apply to your account, not only which program name appears in the proposal.

Incentive eligibility

Check equipment, income, installer, application, and placed-in-service rules before subtracting an incentive from the quote. Programs can close or change terms.

Interconnection

Budget for the published 4–8 weeks and confirm who pays for a required meter, service upgrade, or engineering review.

Source trail: production assumptions use NREL PVWatts; incentive discovery should be checked against DSIRE; electricity-market context is available from the EIA. Confirm final tax treatment with the IRS and your utility.

Calculate your Indiana solar economics

Our calculators are pre-filled with Indiana data. Run any tool below.