Solar Companies in Indiana

Indiana receives moderate sunshine with about 4 peak sun hours daily, placing it in the middle of the pack for solar resources. The Hoosier State's solar market has faced headwinds since its 2017 decision to phase out full retail net metering by 2032, transitioning to lower excess distributed generation credits.

Indiana Michigan Power, Duke Energy Indiana, and Indianapolis Power & Light are the major utilities serving the state. While net metering is being phased down, some utilities and rural electric cooperatives still offer favorable terms for residential solar customers. Indiana exempts solar equipment from sales tax, providing some cost relief.

Indianapolis, Fort Wayne, and Evansville are the main residential solar markets. With moderate electricity rates and declining incentives, Indiana homeowners can expect payback periods of 10-13 years, though the federal tax credit and falling installation costs continue to improve the economics.