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End is nigh for Indiana net metering as Senate committee passes controversial bill
Inside Climate News: A bill that would end retail net metering in Indiana by significantly reducing the incentive available to invest in solar passed the Senate Utilities Committee in an 8-2 vote yesterday.
SB 309 would create three tiers of solar users: consumers who had installed panels up until the end of June would be grandfathered in at existing retail rates for the next 30 years, but those who install panels after June but before 2022 would be eligible for the retail rate until 2032. Anyone who installs panels after 2022 would receive a much lower rate of compensation, which critics feel would be the effective end of net metering in the state.
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