Government Solar Incentives In Indiana

One of the most significant ways to get free solar panels in Indiana is through government incentives. The state of Indiana offers a Solar Income Tax Credit that can help reduce the cost of your solar panels. The tax credit is worth up to $1,000, which can be used to offset the cost of purchasing and installing your solar panels.

In addition, the federal government offers a solar tax credit that can reduce your tax bill by 30% of the cost of your solar panel installation. This credit is available through the end of 2023, after which it will gradually decrease. However, it's important to note that you will need to pay for the installation of the panels before you can receive the tax credit.

Community Solar Programs In Indiana

Another option for getting free solar panels in Indiana is through community solar programs. These programs allow you to subscribe to a solar farm or array, where the energy produced by the solar panels is fed into the electrical grid, and you receive credits on your electricity bill. While you won't own the panels, you can still benefit from the energy produced without having to pay for the panels' installation or maintenance.

Indiana Solar Grants and Rebates

There are also several grants and rebates available in Indiana that can help offset the cost of solar panel installation. The Indiana Office of Energy Development offers a Solar Thermal and Photovoltaic Grant Program, which provides up to $5,000 in grant money for the installation of solar panels.

In addition, the Northern Indiana Public Service Company (NIPSCO) offers a rebate program for residential customers who install solar panels. The rebate is worth $0.10 per watt, up to a maximum of $5,000. This program is only available to NIPSCO customers who install solar panels on their primary residence.

Solar Leasing and Power Purchase Agreements

Finally, solar leasing and power purchase agreements (PPAs) are two other options for getting free solar panels in Indiana. These programs allow you to lease the panels or enter into an agreement with a solar company to purchase the energy produced by the panels.

Under a solar lease, you lease the panels from a solar company, and they install and maintain them. In exchange, you pay a monthly fee for the energy produced by the panels. With a PPA, you enter into an agreement with a solar company to purchase the energy produced by the panels at a fixed rate for a set period of time.