Solar by State / Indiana
Data last verified: August 2026Is Solar Worth It in Indiana in 2026?
The honest answer depends on four numbers that are unique to Indiana: your electricity rate, your solar production, your net metering policy, and your state incentives. Here are the real figures, with sources and dates.
Indiana Solar Snapshot (2026)
| Residential electricity rate | 17.0¢/kWh (EIA, 2026 YTD May) |
| Solar production | ~1220 kWh per kW installed per year (NREL PVWatts v8) |
| Net metering | Net billing (exports below retail) — export ~9¢/kWh |
| State tax credit | None in 2026 |
| Rebates / performance | None |
| SREC market | No active SREC market |
| Property tax exemption | No |
| Sales tax exemption | No |
Estimate Your Own Payback in Indiana
The table above is a 6 kW benchmark. Your home is different — use the Solar ROI Calculator with Indiana pre-loaded to get your exact payback, or the 30-second worth-it quiz for a go/no-go verdict.
Indiana FAQ
Does Indiana have a solar tax credit in 2026?
Indiana does not offer a state income tax credit for residential solar in 2026. The federal residential credit (Section 25D) expired Dec 31, 2025 and does not apply to 2026 installations.
What is net metering like in Indiana?
Indiana uses net billing with exports around 9¢/kWh. This means exports are credited below retail, so using or storing your power matters.
Is solar worth it in Indiana after the federal credit ended?
At a typical 2.80/W installed cost and 17.0¢/kWh electricity, a 6 kW system in Indiana has an estimated payback of about 14.9 years (rank #41 of 51 states). That is a long payback — solar is hard to justify unless strong state incentives apply to your situation.
Compare Indiana with Another State
See how Indiana stacks up against Michigan — or use the state comparison tool for a side-by-side of any two or three states.
Popular guides
Is Solar Worth It After the 2026 Tax Credit?
What changed when the federal 25D credit expired.
Read →Solar Panel Cost by State (2026)
How much solar costs in every state this year.
Read →Net Metering vs Net Billing
Why your export credit matters as much as your rate.
Read →