A state Senate committee has approved a bill that Indiana’s inventor-owned utilities back that would eliminate much of the financial incentive for installing solar panels. Republican state Sen. Brandt Hershman’s measure was approved Thursday. Solar panel owners who feed surplus energy to the power grid are currently compensated at a retail market rate. Supporters say that allows them to pay off the expensive investment in solar. The measure would drastically reduce that rate in five years.
Bill On The Table To Ease Solar Installs
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