Every Hoosier deserves the right to benefit from rooftop solar. Years ago, in 2005 and again in 2017, Indiana law made it clear that when Hoosiers go solar, any excess electricity they generate gets credited back monthly.
In 2021, state regulators and utility companies have attempted to change that rule from its original intent in a way that will financially harm those who’ve already gone solar—and those who are considering it. A judicial ruling on legal challenges to the unprecedented action is expected in mid-2022. We need the state law to be respected.
At CenterPoint/Vectren’s request, Indiana’s utility regulators recently approved instantaneous netting instead of traditional monthly netting, which means solar customers will ultimately be reimbursed far less for the energy they send to their neighbors on the grid. That’s a disincentive to those who want to embrace energy freedom and receive a fair rate for the power they create. For more details, see Monthly-Netting-No-Call-
Changing the rules means Hoosiers who have gone or want to go solar could lose thousands of dollars of expected savings, and all Hoosiers will lose the benefits of increased solar energy. To learn more about the financial impact of these changes and about strategies to protect your investment in solar, click here for a related FAQ.
Lawmakers have an opportunity in the legislative session to ensure that Hoosiers who embrace solar are credited on a monthly basis—the way the state law was written—instead of instantaneous, which will cause them financial harm. Regrettably, several energy bills submitted in the 2022 Indiana state legislature have been refused a hearing by committee chair persons.
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