Indiana offers a property tax exemption for the assessed value of most renewable energy systems, typically based on the actual cost of components and labor. Effectively this means that you can increase the value of your home without paying tax…
Leasing is an option for homeowners in many states but not currently in Indiana. The closest thing to it is the community solar option available from Tipmont REMC, Indiana’s first community, remote solar program. The REMC owns and operates an…
Many people finance with a bank home equity line of credit. The minimum monthly interest payment can be less than your savings from electric bills. Talk with your local credit union or bank for financing options. Another avenue to check…
For both individuals and organizations, the best place to start is DSIRE (Database of State Incentives for Renewables and Efficiency). It is the most comprehensive source of information on this topic in the United States. It includes financial incentives including…
You can get paid for the renewable attributes of your grid-tied PV energy source by registering with a broker such as SRECTrade or Sol Systems. Participating utility companies purchase renewable energy credits to meet state required renewable portfolio quotas. Indiana…
Congress extended the renewable energy tax credits that were originally set to expire at the end of 2016. A 30 percent federal renewable energy investment tax credit is available until December 31, 2019 to individual taxpayers who install solar PV…
You can get a ball park estimate sufficient to create a realistic budget and set realistic payback expectations by using online calculators. These calculators enable you to enter your own data (for example, panel size and cost per watt) or…